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  • Why Didn't Bernanke, Paulson Plan Better? [View article]
    Here's a thought. Instead of giving $700BB to the banks, give the same amount directly to the taxpayers as a tax credit. The effect on the Treasury's balance sheet would be the same, but meanwhile ordinary people would have money to put into their bank accounts, pay their mortgages, pay off their credit cards--all of which puts $$ back onto the banks' balance sheets and eradicates debt. How's that for a win-win?
    Sep 23 17:30 pm |Rating: 0 0
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