@slotplayer 177908 wrote:
Unfortunately, It’s not a monetary problem, it’s really an honesty an intregrity problem or lack thereof. Hard to fix that.
If there are folks that have money (like the government) to buy these junk instruments then it does not matter where the money comes from it’s still money.
There are other options available to stimulate the economy and get things moving.
I thought that they said that everything was going to collapse on Friday without action? That was crap. I’m not saying that nothing has to be done, but I’m not liking being told that the world will end in five days unless we give Hank Paulson and Wall Street $700 billion dollars with NO oversight or accountability! WT@ is that about? Any time someone puts a time limit on me I don’t trust them.