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Old 10-01-2008, 02:52 PM   #716 (permalink)
prescient63
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Join Date: Jan 2002
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Your average American is a retard so what's your point. I like the idea of issuing preffered stock to bolster balance sheets which will let this work itself out rather than buying to a of debt because the US would get an equity stake in the bailout. Either way something is better than complete collapse of banks because that is bad for everyone. people in the US are going to pay for it one way or another. It'll come out of your retirement portfolio, your home value, or you'll just end up losing your job. We might as well spread the losses as evenly as possible and just think of it as insurance.
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