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View Diary: Fox's focus group goes Obama (318 comments)

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  •  financial crisis solutions anyone?? (0+ / 0-)

    All this b.s. about Obama v. McCain is a stunt!

    Why can't we just buy back the faulty products that were sold protecting the investors. Freeze the accounts of all brokerages that sold these crummy investments that have brought us ruin, so they don't go belly up like Lehman, arrest anyone who seeks to get out "clean."

    A "Derivatives Resolution Trust Corporation" ought to be able to make it whole. Figure the original asset costs and factor in careful regulations for the banks that need government protection as we unwind the tangle. But refund the original cost, plus interest for the use of the money.  Lots of people and lots of institutions that sold this crap will go belly up, but that would wrap them up nicely. Just freeze the damn market. It has to be stopped, and I haven't heard that the CDS market has stopped.

    Above all, we have to protect the investors and their institutions, but there is no other way to pay the bill. How else are we going to do it?

    Bernanke and Paulson are actually trying to increase the disaster. That was the plan: to bankrupt the United States Treasury and any and all comers along the way.

    "The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." -Thomas Jefferson

    by ezdidit on Wed Oct 15, 2008 at 09:36:22 PM PDT

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