Identity Fraud

You may think this is a weird time for me to bring this up, but I've been thinking.

If I was to take your identity (without your consent of course), sign contracts and take out loans in your name, that would be called fraud wouldn't it?

If I was to agree to give away the ownership of your house and other belongings too, that would also be fraud right?

Transactions committed as fraud cannot be binding on the victim can it? A contract with an illegal signature has no binding power, right?

So, why the FUCK can the government do this, and call it a bailout? Why the FUCK are we in the EU and why the FUCK is Gordon Brown talking about committing an entire economy to some shit-brained suprantional scheme?

I'm confused.