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My idea so everyone profits from this debacle
Sep 25, 2008 08:48
guesttgreene Now I am not an ecomonist, but I know the dangers of letting BIG government fix BIG banking. This is a no braner and should not happen.

Bottom line is once again we are running full on to intercept a possible problem that the crooks of Washington are saying is in "our best interest". (Where have I heard that before).

All this is, is nothing more than a way for the governemt to take more control. And they have no clue what they are going to be controlling, what it will cost, or what the long term effects of doing so will be.

Seeing that we the tax payers are footing the bill, I say we create a privately held entity that controls this revenue. That privately controlled entity determines what is funded and what is not. With monies being distributed for a return shareholding of said funded entity. And in return, all taxpayers for the year 2008 get stocks in this company. In 6 months the company goes public to be traded as "our", the taxpayers big bank.

This company does not start out with a 700billion line of credit. It starts out with a 250 billion line of credit and can seek additional funding upto 700 billion over the period of 6 months.

An entity run by the people for the people to enssure "our" future. Not some bonehead in Washington that will eventually end up with deeper pockets because of this debacle.

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