The politicization of the current economic meltdown has become an embarassment, emphasizing the "ass" part of the word. According to the Associated Press, "House Democrats say the idea of letting judges rewrite mortgages to help bankrupt homeowners avoid foreclosure won't be a part of the $700 billion financial industry bailout.

"Speaker Nancy Pelosi, D-Calif., told Democrats at a closed-door meeting Friday evening the provision would be a deal-breaker for Republicans who she has said must deliver substantial votes for the rescue plan. That's according to several lawmakers who attended the session." (emphasis added)

I believe that someone, somewhere, who is not viewed as a wingnut can scream into the ears of those on the Hill that the worst thing to do right now is cut out the part of this equation: the PEOPLE whose lives are being trashed by the quaintly-worded "credit crunch."

What the House and Senate have inexplicably failed to realize is that when you get enough PEOPLE angry in the same country, I don't know, revolutions have been known to happen. Oh yeah, that's right....one happened here not too long ago over, hmmm, taxation. Ok, ok, so all that really got out of hand was tea chucking....but do not ever forget the lesson of the American Revolution. When you push people too far, they snap and actively turn against their oppressor which is, usually, some governmental entity.

Quite frankly, walking out of a room while something as serious as coming up with the "bailout plan" - something that should not have to exist in the first place - is under discussion is unacceptable, childish, and, to quote Barack Obama, "not useful." Oh yeah, but he said that in reference to politicization of the very same issue.

Quite frankly, I don't "care" (picture a few prohibited expletives here in stead of "care") whether John McCain or Barack Obama appeared at the meeting on this critical academic, economic issue. I don't. And I doubt millions of people now facing true homelessness and utter despair do either.

But to pull the rug out from under people in what might be their only legitimate legal refuge by disallowing judges from making their lives affordable again...that's too much. Nancy Pelosi, I want to know what your view of spearation of powers is. Because to jimmy the courts based on political motives and machinations is not only irresponsible, it is reprehensible.

For those of you who might not understand why this is so upsetting, early in his reign, the tyrant, King George W. Bush, gleefully signed into law a massive bankruptcy reform act. Not surprisingly, big business (credit card companies primarily) benefitted greatly from this piece of idiotic, poorly-conceived, well, goat fat. Yes, I said, "goat fat." It's not pork, but it's weird and gamey.

It became difficult for debtors to file bankruptcy. Granted, there was some beauty to the concept for the fraction of people who abused the bankruptcy system. BUT once people started bombing into the cliff face without an airplane when their adjustable rate mortgages "adjusted", and they faced utter ruin, that same bankruptcy court could offer them a chance at (a) redeeming their mortgage; or (b) buying them TIME to find another place.

Today, though, apparently the powers that be are more concerned about politics than the PEOPLE they will damage with their thoughtless and careless approach to this issue. And at some point, the pot will boil over. We truly are on a razor's edge right now and I, for one, am frightened by what is happening.

It is facile to attack the House and Senate given their annual salaries; but to somehow fail to hang out to dry the companies and persons responsible for this debacle is likewise unacceptable. Oh, gee, some of the heads of these companies resigned. But what is their consequence? Or will that, too, attach to us. I vote NO.

The depth of this problem is beyond convoluted. The path to a "fix" is long, long, loooong. To assume or propose to solve it in a weekend is preposterous. It is a knee jerk and completely predictable reaction. It is time to stop doing stupid things quickly to curry political favor. Stop.

By the way, my new attorney trust account and business accounts...opened them at Washington Mutual...that's Wa-Mu...you know, that bank whose failure today is the largest in US history. Wow. Goat fat.