The extreme of most anything results in failure. Pick your favorite vice and the fallout is obvious.

There will always be corrupt people trying to take advantage of a system, capital or social in nature. Another words, greed is not limited to an ostracized ideology of choice.

What has led to the $800 billion bailout was socialism forced into capitalism and that extreme has proved to be disastrous.

Now we have socialistic types of remedies that are already proving to be failures. An example is restructuring mortgage pavements for people facing foreclosure to make it easier for them to make there mortgage payments. After six months of this already in progress over half of the homeowners are not making there payments. I sure don’t see the socialistic success there.

What you fail to realize and learn from is greed in socialism policies from the Democratic Party has led to the biggest failure and bailout in history.

The greed in Fannie Mae is an example. Every director made millions of money off the people while they told everybody including stockholders nothing was wrong with the system and to keep investing in them only to find out they were cooking the books. The reason they were cooking the books wasn’t from failed capitalism, but failed socialism introduced into capitalism. Another example of government intervention gone wrong.

In short, the social ideology of trying to make homeowners of people who really couldn’t afford it or appreciate homeownership has failed. If capitalism would have been left alone in the housing market we wouldn’t be in such a mess. Socialism wore down the safeguards that were once in place and now those safeguards are returning because it’s the only way to recovery and financial stability for the banks.