The same Congress that got us into trouble and was responsible for the financial meltdown wants to relax loans standards again. Chairman Barney Frank (D) of the House Financial Services Committee wants the standards for mortgages on new condominiums to be relaxed. This is the same Rep. Frank who was a key backer of the lax rules that prevailed in the Fannie-and-Freddie-backed subprime loan fiasco that sank the U.S. housing market and global financial markets.

It was big government that created the mess in which we find ourselves into today. Looking back to the passage in 1977 of the Community Reinvestment Act, which directed regulators to encourage financial institutions to "meet the credit needs of the local communities."

Then in the 1990s, the CRA was revised to (1) pressure banks into relaxing lending standards for low-income borrowers and (2) push Fannie and Freddie to buy subprime loans and subprime securities to meet "affirmative action" quotas.

The following comment was made by Chairman Frank: "Fannie Mae and Freddie Mac have played a very useful role in helping make housing more affordable. My critics exaggerate a threat of safety and conjure up the possibility of serious financial losses to the Treasury, which I do not see."

Since that statement by Rep. Frank, the U.S. Treasury has been forced to bail out the financial system and two major car companies to the tune of $700 billion and counting. Fannie and Freddie are in government receivership.

Another key player in this housing and financial meltdown was Association of Community Organization for Reform Now, which at the present time is under investigatin for voter fraud. But wait, ACORN is also part of the $825 billion American Recovery and Reinvestment Act of 2009.

We the people will continue to suffer the devastation of future programs - whether they target housing, banking, energy or health care. People, we must demand more from our local, state and federal leaders. It's also important we get more involved and let them know we have had enough of this crap and for them to quit rolling the dice on our future.