Under the auspices of correcting the enormous problem it created by forcing banks to grant mortgage money to unqualified borrowers at artificially low interest rates, the liberal-dominated Congress quickly passed the "Emergency Economic Stabilization Act" which included the "Troubled Asset Relief Program" (T.A.R.P) even though as many as 90% of Americans opposed bank bailouts. T.A.R.P. initially allocated $700 billion to bail out financial institutions in the hope it would restart the lending process, that consumers would go more deeply into debt and that consumers would start spending borrowed money again. T.A.R.P. also pumped billions into hundreds of non-stimulating, debt-creating public projects that essentially rewarded unions and other special-interest groups that vote for—you guessed it—Democrat Senators and Representatives. To preclude public and political conservatives from opposing the Act, Congress declared it an emergency measure that required immediate passage, after which it was revealed that lawmakers, including kingpin Pelosi, did not even read the bill.

If Congress had the best long-term interest of the American public in mind, it would have allowed the free market to recover from the loose credit problem government created, resulting in tighter credit, reduced consumer debt, greater savings and more investment in industry that actually produces exportable goods that increase US wealth and reduce our debilitating trade deficit. But, motivated by its own short-term interest, Congress did the opposite: it rewarded real estate risk takers, penalized conservative investors, paid-off political supporters and encouraged greater consumer spending of borrowed money. The scheme is buying Congress the extra time it needs to pass socialist legislation before its mother-of-all-Ponzi-schemes collapses, and before Obama's followers finally learn they were exploited…the hard way.