Administration asks Congress for $700B for bailout. Is Anybody Seeing This? WTF!

As was predicted the government has once again decided to throw money at a festering soar in our economy. Between this and the ban on short selling this is really starting to sound an awful lot like socialism. The glaring problem with this plan is that the government is anticipating making money off of these toxic loans they plan on purchasing. Wrong! If these loans were income producing the banks would keep them for themselves. The only reason they have to sell these loans to the government is because they are so toxic that nobody else wants them. These loans that the government is buying with our money will never be paid back. The assets these loans are attached to cannot even be sold on the market for the value of the debt.