Here we go again

I guess we're all done with the financial crisis. And the recession must be over. Right?

Two U.S. Democratic lawmakers want Fannie Mae and Freddie Mac to relax recently tightened standards for mortgages on new condominiums, saying they could threaten the viability of some developments and slow the housing-market recovery, the Wall Street Journal said.

Lack of adequate government oversight and a loosening of mortgage lending rules and principles contributed heavily to the financial and economic crisis we are in. As a result the crisis spawned the need opportunity for the government to "bailout" the banks who made these bad lending decisions. And now the banks are being urged by Congress to loosen the rules again.

What the fuck??? These guys are all about blaming the Bush Administration for the economic problems our country now faces. But now that there's a new sheriff in town, and they are in the midst of raiding our country's treasury with the "Stimulus", it must be OK to relax the mortgage lending standards again. The same mortgage lending standards that got us into the mess in the first place. I guess this will just ensure we are in a constant need of government bailouts.

Stop the planet. I want to get off.