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Oct 07, 2008 12:40

you know how mccain wants to take "credit" for the bailout?

when did we all decide the bailout was a good thing? this is so fucking bogus. every mainstream news source won't even consider the idea that the bailout isn't the right thing to do.

Came across this little breakdown by eric de place.

The Entire Debt of Africa Is Only $350 BillionI just ( Read more... )

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caphe October 8 2008, 19:02:10 UTC
Another idea floating around - give every American who earns less than $100,000/household, $200,000 to $500,000. They could pay the banks back for their mortgage (therefore stimulating the banks), they would use money (stimulating the economy).

Of course, this will never happen, because millionaires would stand to lose the value of their dollar.

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jondis October 9 2008, 16:42:34 UTC
the bailout that was passed included an ownership clause that Treasury Secretary Henry Paulson could exercise if he chose....

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