Before we spend another $trillion dollars on the bank...

[kentuck]

Shouldn't we try to come up with a different solution? Some have suggested that rather than giving the banks the money up front, that we insure their bad loans. The banks keep the loans and we insure them if they don't pan out. But what incentive would they have to make them good if they knew Uncle Sam was going to give them the money anyway?? Sounds like a bait and switch?

Perhaps a better solution might be that we would insure them up to half their value. That way, the banks would have some incentive to make the mortgage work. There has to be a better way than just giving them another $trillion dollars??

[Trajan]

1. Welp ... Time is short ....

You had better call Washington QUICKLY before they implement this plan without first hearing from you directly ...

[kentuck]

2. Yep. Tuesday is the day...

But why the rush??