I think I understand how asset backed securities of the banks prop up the issued credit card accounts and how the later fuels the economy.  I question the plan to help loosen the pool of consumer credit when in general, everyone is too reliant on/fancy free with credit spending leading to the overall instability of individuals' economic health.  Promoting the one faction of our economy (which is abused/misused) that often starts the domino effect of account defaults, right down to those asset based liabilities often the only security of individuals, seems to be a short-sighted "fix."  Just throwing more money around.  I would rather see efforts placed on easing up credit which adds to ones long-term assets or employment advancements.  Let the Banks continue to assume the high risks of consumer credit cards - separating them institutionally from more "healthy" (not necessarily profitable) assets through forced restructuring as a step to receive more fed-backing.  Is this not possible?