I have updated this hub, nothing looks any better than it did before Obama as far as the bailout is concerned.

It is now March and America has President Obama, who seems to have accepted another version of the same bailout of the sub-prime crooks in the canyon.

Most of the remaining debt will be loaded in to rescuing the other crooks who have not put their hands up yet.

How bloody gullible can you get?

The Bush admin offered that the economy would fall over if the US do not sign on the line for what was a mishmash of political origins in an election year.

It may have already fallen over. It could have as soon as Bush hit the fear button.

Works every time for Bush. It got him elected in the first place.

The latest picture on TV of the crew that put this self serving lemon in to motion speaks a thousand words.

They all look like they know they are getting away with murder to me.

Obama will have little say in the outcome, He will rally against the detail and get nothing for it. Anything he comes up with to help the poor will sink him. Like I said, just hit the fear button and all bets are off.

There will be no sign of bipartisanship in mopping up the detail over the next week either. The results will be dictated by political blackmail.

Despite all the bullshit from the McCain and Obama camps designed to get them elected by showing solidarity with the tax payer, no one was game enough to stand up for the mortgagee and stop Treasury Secretary Hank Paulson's nasty solution going through.

No one in their right mind would accept this act if they were not being scared in to doing so because of the real urgency in fixing this crisis.

The focus is on bailing out the banks. This idea is Universal and taking place daily across the planet.

England, Australia, Belgium and the Netherlands are all having to prop up their banks.England is bailing out more banks almost daily.China is shrinking it's manufacturing at an alarming rate, with factories just pulling the door shut and sending staff home without any income. Massive unemployment has overtaken China as well.

There is now no way out for the economy if it goes along with the bailout, as the bailout was engineered by the same people who saw it take place and assisted it to expand.

America needs all it's money at root level where it is used in the domestic expenditure to stimulate the dead economy.Teach Americans to buy American with a huge education program on TV, radio and in the other press.

Let the financial institutions fall, and forgive the mortgage debt owed to all the sub-primes by the means tested poor. Let the market look after itself. It is in debt. Let it clean up it's mess then go to China and others to borrow if it wants to survive.

if not for the blowout in the price of food rent and fuel, America would have been borrowing less, but the domestic situation was left to flounder while banks kept increasing credit limits to sell more product regardless of the state of the economy, and just saw debt as a chance to sell more credit.

Give huge tax breaks to the middle classes who can still spend and underwrite their primary residence mortgages where needed.

take the load of the poor so they can get back in the workforce built by the consuming classes who can now spend.Stop the con-men from cleaning them out every time they get a dollar.

Where to get the money from to do all this?

Let me see how AMERICA might spend a bit of the money we did not put in to rescuing sub-primes.

How about 500 million spent on public education.

Teach the American public what a crook is and how to recognise them for starters.

The pimping of paper is only a part of the hyped marketing and spin America is a part of every day.

The hundreds of thousands of mainly American Internet crooks that are conning billions from little bits of information that promises a fortune are a prime example of why the public needs to be a lot better educated.

The economy would benefit greatly if the new administration dId the following.

Run a huge subsidized public education campaign.

• Teach Americans how to drive more economically.

This will save rubber, plastic, steel, aluminium, stainless steel, cadmium, carbon steel, electricity, water and many other hard to renew commodities.

• Make the fast food industry sell real food.

Imagine if the worst food you could by had real food in it.

• Teach people to stop wasting water.

Clean drinking water should be cherished now, not later.

• Get on top of type 2 diabetes.

Any successful research will save Billions.

• Stop the public from trashing the environment with rubbish

Take a bit of load off the environment by teaching people not to trash the place.

• Stop rooting around for alternative fuels.

Find a suitable petrol replacement that will operate in the 600 million existing vehicles in the world. Not some new concept car that will have no effect for 30 years until all the old cars are gone from our roads, jeez that doesn't take much to work out does it?

• Shut down the war in Iraq.

Take back many billions by doing so and put a few of George Bush's mates companies in Iraq out of the businesses they got as a result of the war.

• Negotiate with all Arab nations starting now, making sure the hundreds of million of Muslims know that we understand that we are brothers by getting to hell out of their faces.

Obama has since told the Muslim world that he wants to co-exist.

• Negotiate and assist in Afghanistan.
• Start by explaining to the Taliban that the world is not flat and move on from there if you must but bullets teach nothing
• Negotiate with Iran.

Tricky but better without the stick and carrot bullshit that has gone before.

• Stop interfering in other countries affairs.

Australians, and others have never appreciated being told what to think about foreign affairs.

• Tell your Government to stop being so f***ing arrogant.

I have to say this.

America, the rest of the world considers you a bully, easily led and gullible. Your religious extremists scare the hell out of us whenever they run for office.

Typically the American public are as ignorant as bat droppings about other nations. Religions and stereotypes are all they know.

Australia? Kangaroos, koalas, shrimp on barbecue crocodile Dundee and you think you've got us covered.

As shown in numerous video's (not shown in America no doubt) many Americans do not know where Australia is, or the Eiffel Tower or Rome for that matter. For dogs sake at least try to educate these numb nuts enough so they no where Muslimia is!.

Then America will be happy, debt free and fear free for the first time.

See? I only had to change a couple of sentences and ad a video to support my belief that the American public must get up to speed with their understanding the world and how their Poitics work.

Nancy Speak.

Nancy Pelosi's assurances are bullshit too.

No more golden parachutes? What does she mean? No more hand outs after this one? Show me! Well they showed me by handing the money over to the rich bankers.

As for the taxpayer eventually getting their money back after being forced to buy this crap, each property has to recover the lost value before it will be saleable at break even price unless they are just going to continue allowing foreclosures and then have the taxpayer pick up the tab for the shortfall.