Comments
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.



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February 3rd, 2009 at 11:48 am
I wonder whether a more simple method of forcing the banks to write down 30% of the loan principle, the government buying 30%. So the principle owed to the bank falls to 30%. The government can then choose to hold onto the remain 30% or write itself down. By buying 30% of the stake the government negates the 30% loss for the bank but produces bigger relief for the debtor.
Would it be possible to use Intense Debate or Disqus as part of you commenting system?
February 3rd, 2009 at 12:13 pm
These people may really deserve their huge bonuses, since it clearly takes a wizard to make these business structures look like the biggest, best businesses in the nation or the world:
Then again, it also takes a theif… http://tv1.com/playlists/211
February 3rd, 2009 at 1:51 pm
I cannot see the Good Bank solution…
February 3rd, 2009 at 3:35 pm
Schumer was on CNBC today saying he wants the taxpayers to guarantee bank assets at a price of $.60 on the dollar… even though those assets are only worth about $.22 on the dollar.