I read of many good-hearted suggestions of what to do to stop the bear markets that are occurring in stocks, homes, real estate, and various debt securities. These markets are all experiencing serious price declines. All that Congress is attempting in saving Fannie and Freddie and in looking at the Paulson-Bernanke bailout bill is to stop these bear markets and shift the losses from one set of people (the investors) to another (the tax payers.) These efforts are totally doomed. None will work. All will make matters worse. The amounts of money involved in these investments gone bad (be they … Continue reading Will any financial scheme work?