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Paulson and Bernanke: A Conspiracy of Dunces

The bottom up plan is the only one that makes sense. Some pencil to the paper could tell you. It would also reduce the voters' revolt who are mad as hell. The elected parties would fell safer and vote for it. The Banks could impliment the process but the Fed would provide the finances and the strict control. The toxic paper could simply be written down and the holders of these papers feel the pain.