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The money should be issued as vouchers, redeemable by the first lender who would then toss it down the line to all the slices. That would have a double resolvency action: houses saved and liquidity injected.

You can't be me, I'm taken
by Sven Triloqvist on Fri Jan 23rd, 2009 at 02:07:14 PM EST
[ Parent ]
You are so right. Quick~! Where's my time machine?

And, I will need a great powerpoint document to show to all those who made the wrong decisions and gave free bail-out money to the people who caused the problem (and probably the solution) in the first place.

Oh, and a super-incredibly great powerpoint doc on ethics and society, the needs of the many and so forth. You think that it will be so good that those 10% with 60% of the assets will allow 20% of their assets to those 50% who only have 0% of the assets?

How about a 'rousing round of Kumbaya, at least?

Never underestimate their intelligence, always underestimate their knowledge.

Frank Delaney ~ Ireland

by siegestate (siegestate or beyondwarispeace.com) on Sat Jan 24th, 2009 at 11:57:45 AM EST
[ Parent ]

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