Tell me Lancer, can I have some of what you're having?
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Originally posted by Arrian
I have to say, this is by far the best post I've seen from you in ages.
Plan B. If they can fling about $850 billion w/o too much concern, I figure they can give every man, woman, and child in America $2000 and let us pay off our debts. That will help finance creditors a lot of whom are the same schmucks facing bankruptcy due to CDS's. Result? Same deal but at least I've got another 2 grand.
Or instead of the govt handing over $850 billion, they consult with the mortgage holders to reduce a % of the sub-prime loans and the govt pays an additional % of those loans, allowing the homeowners to pay off the rest at rates they can afford. They'll take a hit to their credit rating, but at least they have a roof over their heads and it'll prolly cost a LOT less than plan A.I'm consitently stupid- Japher
I think that opinion in the United States is decidedly different from the rest of the world because we have a free press -- by free, I mean a virgorously presented right wing point of view on the air and available to all.- Ned
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