mycoldcheese

Recent Comments

  1. 1
    Posted 2008-09-29 18:54:38 on Liquidity Versus Solvency: Part II

    can someone tell me why that government hasn't considered bailing out the taxpayer/the troubled homeowner instead? like a reversal of the trickle down theory where you get the banks to lend by backstopping their asset values by guaranteeing/subsidizing loan payments? bail out the homeowner, who in congress is going to say nay to that?

  2. 2
    Posted 2008-09-29 18:15:36 on To Kill List Released

    was there any consideration for the bailout plan to work from the bottom up? subsidized payments at the homeowners level to create a backstop for these securities at the root of all the trouble. if congress won't pass a bailout for wall st, how about a bailout the american home owner?