Individual country governments must take action.

This is the one that really boils my blood since bailing out AIG also seems to be part of the plan of bailing out Goldman...( Not only too big to fail but too powerful as well...)I'm against the concept of bail out myself as well, however in this case I don't think we had a choice.The part that strikes me the most is the fact that the government lends the banks money at zero interest and they all turn around and charge us an arm and a leg...

I have no issue with zoning and environmental laws, but those are imposed by the governing bodies (City, county, state, etc).

ThoughtsFollowing is the article.The Government is warning that New Zealand's fragile economy could be in for trouble with the prospect of property markets crashing in our biggest export markets.Finance Minister Bill English, relaxed and in good humour at a post-Budget gathering of South Island business people yesterday, said the Government was putting New Zealand on a path to greater prosperity but some things were outside its control.He was concerned about the potential for property-market crashes in Australia and China - New Zealand's two biggest export markets."

The bank and brokerage houses are saved by the Government following dramatic round-the-clock negotiations by leaders from both political parties.

Make a few late payments, claim poverty, and let the government write off part of your responsibility so you can sell for a profit(!)

also it said that before their term is up you should do a walk through with them and point out any thing that will deduct from their deposit and give them a chance to make it right before they vacate.I'm sure that sounds good to some socialist in the left coast government, but it is RIDICULOUS!

I've heard about auctions conducted by the US Marshalls and other government departments where property including houses and exotic cars are seized by drug cartels and others and sold to the highest bidder.

It reminds of that crazy dude with glasses on TV Matthew Lesko who has that book filled with all these "free government property" resources.

Abu Dhabi has a large one (expecially when you look at it per capita) that they are currently using trying to diversify away from the energy sector into other industries.Norway has a large one as well from oil profits.