Re: OT: Emergency Buy Out

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Author: Jason Spatafore
Date:  
To: Main PLUG discussion list
Subject: Re: OT: Emergency Buy Out
Vote Nader. Just save the hassle of dealing with stuff like this. Get these
idiots out of government....in a Nader ran country, this would be vetoed
immediately.

If "free trade" worked, we wouldn't even be evaluating the bailout...this
kind of situation is evidence that free trade *does not work*. High paid
executives go after the dollar, make crappy decisions, and now the public
will help fix the problems they created?

No. That is my final answer. :)



----- Original Message -----
From: "Joshua Zeidner" <>
To: "Main PLUG discussion list" <>
Sent: Sunday, September 28, 2008 1:49 PM
Subject: Re: OT: Emergency Buy Out


> Lisa,
>
> Clearly, nothing that has been suggested publicly thus far is at
> all in the interests of the tax payer.
>
> -jmz
>
>
>
> On Sun, Sep 28, 2008 at 12:43 PM, Lisa Kachold <>
> wrote:
>> Wait?
>>
>> While Bush is clearly for privatization, let's flow chart the full
>> "buyout"
>> plan?
>>
>> Freddy Mac and Fanny Mae will be privatized, getting the Federal
>> Government
>> out of the housing market as they purchase the assets and redistribute
>> it -
>> under Paulson's touch.
>>
>> All this effectively buys out is the government requirements for those
>> loans
>> (and the FDIC effects that follow with failures of the housing markets)
>> which they (and we and European and Asian Markets) clearly cannot afford
>> [Laugh!].
>>
>> http://www.marketwatch.com/news/story/former-fdic-chairman-seidman-advocates/story.aspx?guid={B12D3012-96D0-41E4-B944-62D5EA5D7FA3}
>>
>>
>>
>> (503)754-4452 Blackberry || Obnosis.com
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>> Laugh at this MSN Footer
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>
>
>
> --
> "I know not with what weapons World War III will be fought, but World
> War IV will be fought with sticks and stones." --Albert Einstein
>
> - http://www.joshuazeidner.com/
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