-They affect natural market forces by decreasing consumer risk adversion disproportionately… resulting in increased pricing for legitimate borrowers

-Banks are rewarded for taking inappropriate risks on poor borrower propoects… Their downside liability is subsidized by Americans thru tax payer dollars and increased private market borrowing costs.

-Costs associated with Administrating this bill is passed directly to the American tax payer.

-Entitlement attitutes are enhanced because of this bad precedent… This will also raise tax payer costs associcated with other entitlement programs

Summary… Americans need to take care of themselves and this variable rate mortgage crisis needs to be solved where it began… at the contract level between the bank and the consumer. Let them work the problem out… not the government.