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| Home Front Economy |
| U.S. Plans $800 Billion in Lending to Ease Crisis |
| 2008-11-26 |
| Posted by:tipper |
| #12 Dumping capital into the markets is NOT a solution. It is a temporary bandaid. Once that capital is burned through, they will just need more unless something is done that creates VALUE. Home equity was the dominant driver in the markets with things like mortgage-backed securities being purchased by banks around the globe and people using home equity loans as an ATM card for "durable goods" purchases, vacations, and tuition. Simply dumping capital into the markets won't do anything long term unless something is done to increase the value of some other investment. Maybe something like eliminating capital gains tax altogether would spur investment and raise the value of corporate equity. |
| Posted by: crosspatch 2008-11-26 23:16 |
| #11 1040 Supplement Line 1: Got your $2400 yet? Line 2: Good, send it back to us Line 3: No? We don't believe you Line 4: Send penalty and interest |
| Posted by: KBK 2008-11-26 22:44 |
| #10 And whose ass do they propose to pull the $800 billion from? |
| Posted by: ed 2008-11-26 19:44 |
| #9 *snort* |
| Posted by: Frank G 2008-11-26 19:36 |
| #8 RJ ran out of fingers and toes. |
| Posted by: Deacon Blues 2008-11-26 19:33 |
| #7 1 Trillion/300 Million is about $3300 |
| Posted by: Chris in Fort Worth 2008-11-26 15:08 |
| #6 1 Trillion divided by 300 million (America's population) gives $333,333,333.33 Think of it as three hundred,thirty three million per person, every single Man Woman and Child. |
| Posted by: Redneck Jim 2008-11-26 14:03 |
| #5 "Easing the crisis" is the best result we can hope for. There is a huge bill yet to be paid for the Kredit Kool Aid party of 1998-2008. Please keep in mind that debts which cannot be paid shrink the money supply, and that no one knows how many debts have gone under, and how many will go under. |
| Posted by: Anguper Hupomosing9418 2008-11-26 13:36 |
| #4 I guess we won't be hearing much about "corporate welfare" anymore, eh? |
| Posted by: Grenter, Protector of the Geats 2008-11-26 10:36 |
| #3 Taxing the ants to feed the grasshoppers. |
| Posted by: Darrell 2008-11-26 10:21 |
| #2 It's important not to overload the printing presses---just saying. |
| Posted by: g(r)omgoru 2008-11-26 09:11 |
| #1 I want my fair share. That's about $2400. I'd like that in twenties, please. |
| Posted by: Richard of Oregon 2008-11-26 08:20 |