What's next in my opinion...

[treehugger1]

Once again, it appears that the focus for economic recovery is not on the consumer or debtor.

I predict that it is only a matter of months before deafulted student loans come to the forefront.

What about the HELOCS? Are these really "secured" debt if the HELOC added 5% - 20% above the true value of the home?

What about the banks backing the revolving department store debts? Will the stores come around and demand their drill bits, vacumn cleaners, etc back?

I doubt it.

The next wave is still out there.

[lonesumluser]

Yeah, I was wondering the same thing myself. With all of these bailouts, what about the people that have lost their jobs and the people that have all this credit card debt that they aren't able to pay, what good was the bailout other than to let the banks purchase new banks and upgrade their amenities???