You know sometimes our government baffles us all. The truth is most of time it does. In a country where many are in debt beyond what they can ever repay, this golden nugget wisdom surfaces.  “The government has introduced a pair of new programs that will provide $800 billion to help unfreeze the market for consumer debt, which Treasury Secretary Henry Paulson calls vital to supporting the economy.
Paulson says key markets for consumer debt such as credit cards, auto loans and student loans essentially came to a halt in October. He says the new programs are aimed to get lending back to more normal levels. Exactly what is normal lending. Is It Time To Refinance Your Home Mortgage
Paulson says all the government programs have been aimed at supporting the lending that is vital to the economy.”
So this is not misunderstood, we are in debt, as individuals and as a country so we borrow more money and get in more debt?  First off how many have credit scores worthy of obtaining a loan in the first place? Is this not another band aid fix?  It sure seems so  to this observer.