Financials as Drug Dealing

I have been reading a financial newsletter that Wm sent me from John Maudlin. He is describing the way mortgages were combined into securities and then divided up into other securities. These securities were then further divided. Each time they were divided the dividers took a cut and marked up the price and resold them taking a profit. Why is this sounding like drug dealing?
Now we are going to buy the cut down drugs/securities for 700 billion/1.5 trillion. Oh, but Bush says we will get some of this money back. Will we get back the profits that were taken? NO. We are just going to pay the drug dealers/bankers full value. Will we get back 50% of the value? Maybe, if we try to go into these securities and take some remediation to stop the foreclosures by renegotiating loans at risk by either lowering and fixing the interest rates on toxic ARMs or writing down the amounts of loans on mortgages that are higher than the value of the property. But I do not see the USA as doing this. We reward the rich not anyone else. We will probably just sell these potentially valuable assets for dime on the dollar as we did during the S&L bailout. So if we get 10% back on our "investment in the future of bankers", we will be lucky. Or maybe we just leave the whole s**t mess for the next president, so we can blame it on him.
A professional view: Bailout as Tar Pit
part of the language of the proposed bailout

Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.

Woo Hoo!! Party Down on Wall Street. Handing all our money and all our money in the future to the investment banks.
Bill analysis of this executive power grab.
Do you remember the quick push through of the Patriot Act? Almost makes you believe that we are seeing another application of the Shock Doctrine. Bwahhahha!