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Amity Shlaes: Paulson Plan Bring On Accounting Deja Vu

Will my mutual fund account statement suspend mark-to-market accounting until things turn around? I mean, hey, those stocks have GOTTA be worth more than that.

Can I use these same tactics to refinance my house, based on its old value?

Trust me- when this thing blows over, I'm sure it'll return to its former luster.

Besides, I'm a "hold-to-maturity" kinda guy.

Oh, and by the way, could the government put a temporary ban on anyone in my neighborhood selling for awhile? Listen- their selling is hurting my home's value... it's like SHORT SELLING!

While we're at it, could we institute a no-confidence provision? That way, we'd have a chance to dump the whole lot- executive and legislative branch- in one fell swoop.

Has it occurred to anyone that Main Street folks might prefer some short-term pain to this steaming load that's being forced down our throats?