The Subtle Nationalization of the Banks and Housing Market – How
the Taxpayers Support the Banks through Pseudo Nationalization.
We Own the Financial Junk and the Banks Collect the Profits. The
Stunning SIGTARP Report.  I was amazed at how many people got
all worked up when the idea of nationalizing the banks came up. 
These people fail to pay attention to the fact that we’ve
already nationalized Fannie Mae and Freddie Mac and these two
giants essentially hold up the entire edifice of the secondary
mortgage market.  But no one in their right mind is buying those
risky mortgage backed securities anymore right?  Well we have a
program for that too with the Federal Reserve nearing its stated
buying cap of $1.25 trillion in mortgage backed securities.  In
other words, we’ve already nationalized the mortgage market
except unlike nationalization, we get the worst junk pushed to
taxpayers while the banks enjoy record profits and nothing
really fundamentally changes.  The SIGTARP report, an insightful
and disturbing