dtg

Glass-Steagall: If Not the Cause, Maybe the Cure?

If originators of loans sold those loans to Freddie Mac or investment banks doesn't that take it off the books of the banks?
How does any bank have them on their books? As securities aren't these assets owned by investors? Shouldn't the owner of these assetes bear the risk of market prices?
Did banks buy these assets for their own accounts?

Bush's Speech: Surprisingly Coherent

Banks need capital to continue normal business operations. How does selling assets at discounted values to the govt. increase capital?
Why not suspend "marking to the market" troubled assets? This will certainly help capital requirements.

America's Energy Policy: Coming to Terms with Reality

When you read these articles you ask "who are the idiots that elect these moronic senators?".- Answer, Panskeptic...a typical liberal that can't stay on point when it comes to an argument. Bear Sterns?