[WAW]

The best way for the banks to help is unravel all this paper right now.

Banks don’t want you to fail. They can’t run your business and they don’t want to be stuck with your assets...They want the loans to be paid so they can make loans in the future. That’s what banks do. They make their money lending money.

[CharacterCounts]

Just as aside, what would the current financial situation be like today if the government had sent each and every mortgage holder a check for $10,000 payable to the mortgage company instead of sending all of the TARP funds directly to the banks.

The banks still would have received the money.

How many deficiencies would have been immediately cured?

How many fewer homes would have been under water?

How many of the troubled assets would still be troubled?

While the whole Troubled Asset Relief Program was a waste of taxpayer money, the government picked the worst possible method for dispensing the funds and did nothing to alleviate the situation in that the exact same number of assets were "troubled" the day after the money was dispensed as the day before.