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To: Jim Robinson

Agreed.
If they want to get out of this financial fiasco without costing the taxpayers a cent, all they need to do is outlaw Credit Default Swaps retroactively, nullifying them, and rescind Sarbanes-Oxley.

That would make the credit crisis disappear overnight.


63 posted on 09/24/2008 2:39:00 PM PDT by counterpunch (Jim Jones was a Community Organizer)
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To: counterpunch; Jim Robinson

I listened to Dave Ramsey discuss this yesterday.......

http://en.wikipedia.org/wiki/Mark_to_market

Said it was best solution. I seek opinions if ya have em regarding the Mark to Market solution.

Stay safe Ya’ll !


132 posted on 09/24/2008 5:03:55 PM PDT by Squantos (Be polite. Be professional. But have a plan to kill everyone you meet)
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