[nospin2244]

Well worth the read from an expert money manager.

[ronnie raygun]

They have just legitimized Obama’s tax plan

[givemELL]

This link from Mish Shedlock produces an email to the involved Senators: senator@shelby.senate.gov;senator@sessions.senate.gov;senator@biden.senate.gov;senator@akaka.senate.gov;senator_lugar@lugar.senate.gov;olympia@snowe.senate.gov;senator@kennedy.senate.gov;senator@stabenow.senate.gov;senator@levin.senate.gov;senator@klobuchar.senate.gov;kit_bond@bond.senate.gov;mccaskilltransition@mccaskill.senate.gov;senator@bennelson.senate.gov;senator@ensign.senate.gov;mailbox@sununu.senate.gov;senator_bingaman@bingaman.senate.gov;senator@dorgan.senate.gov;arlen_specter@specter.senate.gov;tim@johnson.senate.gov;senator@hutchison.senate.gov;senator_leahy@leahy.senate.gov;senator@warner.senate.gov;senator_murray@murray.senate.gov;senator_byrd@byrd.senate.gov;senator@rockefeller.senate.gov;senator_kohl@kohl.senate.gov;

Here is the body of a suggested letter which may be emailed:

Dear Senator

Instead of rushing into a $700 billion Paulson bailout proposal, please consider the following alternatives:

Mish’s Open Letter To Congress On The $700 Billion Paulson Bailout Plan
http://globaleconomicanalysis.blogspot.com/2008/09/open-letter-to-congress-on-700-billion.html

Hussman’s Open Letter to the U.S. Congress Regarding the Current Financial Crisis
http://www.hussmanfunds.com/wmc/wmc080922.htm

Your Name
Your Address
Your Phone Number
Your Email Address

[wac3rd]

Great post.

[AprilfromTexas]

Simple solutions that will probably not even be considered by our government because they see $700 billion coming their way...

[Rennes Templar]

“Congress can benefit the American public by maintaining a focus on responsibly assisting homeowners in distress rather than defending the stockholders and bondholders of overleveraged financial companies. It is essential to recognize that the failure of these companies need not result in “financial meltdown” provided that the “good bank” representing the vast majority of assets and liabilities is cut away, protecting customers and counterparties, so that the losses are properly borne out of the capital base of the companies that incurred them. “

[jwparkerjr]

I loved this guy when he starred in all those episodes of “The Paper Chase” and then did the ads for the investment firm, “They still make money the old fashioned way, they EARN it!”

I thought he was dead, though.

[Travis McGee]

Won’t work. Doesn’t fit on a bumper sticker, or into a 30 second campaign ad.