said by KrK:Why not have a stimulus plan that allows for people to take their existing mortgage and do a no or very low cost Re-Fi into a lower interest rate fixed mortgage. I think this would be in the banks and the families best interests long term, and would allow people at least the chance to get their finances in order.
Because "long term interests" are anathema to Wall Street, particularly if it benefits anyone else except corporate interests. The name of the game is short term. If Wall Street can make a bajillion simoles in a day, then f*ck the long term. That's the entire reason the U.S. economy is in the shitter...myopia. 
