regulation watches, while restructuring changes

We, as a nation, are not wise. Right now, our government should be providing zero interest government loans to owner occupied homes, without regard to credit rating, based purely upon 20% equity and issued through employment of a reverse bond placed by GSEs whose stock needs to be nationalized. This would cure the money supply of the whole nation, stop the foreclosure epidemic, stabilize the economy, and pay down the national debt. It would not inflate the money supply, and it would build home equity over the long haul and finally destroy the cyclical nature of bank loans that currently provide funding to the market. In other words, while we should be restructuring the entire market, we are instead replacing regulations stripped away during the Bush administration... which will not stop the general decline of the nation. So we are watching the ship sink instead of repairing the damage and pumping out the water in the hull.

The main culprit for our mutual stupidity is the lack of education from our public schools. Finance should be taught in Junior and Senior High School; and required in large measure to garner a high school diploma. The total lack of classroom education is what produces a complete lack of direction from our leadership and fosters a market that is rife with scams, thefts, and basic deception. Ultimately, our whole method of money creation is feeding our own demise. Bond based currency, or as it is often described "debt currency" is a self defeating system of funding. Instead of enriching the nation, as the silver dollar was performing, this method of borrowing bank money - created in our mints for us to obtain through sale of bonds - boils down to us borrowing our own money from the private sector, instead of creating it for the private sector to borrow from us. That has to be reversed, and a big way to reverse that is to provide government home loans funded by Treasury created issue; a reverse bond simply means that when the GSE funds the loan it does so by placing a bond owed back to the Treasury. So the Treasury is printing money owed to the Treasury instead of printing money owed by the Treasury to private sector banks.