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Issa Offers Proposal for Guaranteed Recovery Bonds to Rescue Financial Markets (ALT TO BAILOUT)
Press Release ^ | 9/27/08 | Darrell Issa (Congressman)

Posted on 09/29/2008 12:14:43 PM PDT by 1curiousmind

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This is just one possibility. Please post others being floated around. Whatever happened to good ole' American enginuity? Come on McCain....now's your chance to shine! Call Romney and get busy (if you haven't already)
1 posted on 09/29/2008 12:14:44 PM PDT by 1curiousmind
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To: 1curiousmind

This sounds interesting. Good for Darryl Issa for putting a viable alternative forth.

I am here at FR more than I should be. Sort of an addict I guess. I do miss some stuff on occasion. Wondering if Steve Forbes has, or has had any input for us. Has anybody seen anything from Steve Forbes?


2 posted on 09/29/2008 12:19:27 PM PDT by rockinqsranch (Dems, Libs, Socialists, Call 'em what you will, they ALL have Fairies livin' in their Trees.)
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To: 1curiousmind
Certainly a better alternative than what has been proposed. However, without changes to the CRA and banking laws... without the rollback of the systemic incentives to issue at-risk loans.... without the rollback of the penalties and punitive regulations that force banks to make such loans

.... we are only rearranging the deck chairs.

3 posted on 09/29/2008 12:21:06 PM PDT by taxcontrol
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To: 1curiousmind

This is the one to go with. John should be tallking this up.


4 posted on 09/29/2008 12:23:34 PM PDT by TexanToTheCore (If it ain't Rugby or Bullriding, it's for girls.........................................)
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To: rockinqsranch

Forbes was on Fox this weekend, but I don’t recall what he said. However, I just checked the ‘net and he was for the Paulson plan.


5 posted on 09/29/2008 12:24:49 PM PDT by skr (May God confound the enemy)
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To: rockinqsranch

“Sort of an addict I guess.” - gosh , can I relate! :-)

“Wondering if Steve Forbes has, or has had any input for us. Has anybody seen anything from Steve Forbes?” - I’m crossing fingers and hoping that McCain’s silence has been because he is getting input form people like Forbes and will come out with an alternative plan.

If he does, and if it is a viable plan. This election is over!


6 posted on 09/29/2008 12:26:03 PM PDT by 1curiousmind (Call me if you need me, just not at 3am.)
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To: TexanToTheCore

Where can we buy one of these T bills, can we get one of these documents with Mexican Pesos?


7 posted on 09/29/2008 12:26:03 PM PDT by rovenstinez (#)
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To: 1curiousmind

Rep Issa offers something that sounds viable.

Especially when compared to the massive govt intervention that Bush offered.

Right now, however, its a food fight in the House.


8 posted on 09/29/2008 12:27:15 PM PDT by Reagan Man ("In this present crisis, government is not the solution to our problem; government is the problem.")
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To: Reagan Man

Here’s another proposal.

Why not suggest an independent commission of UNBIASED economists and financial experts to propose legislation with no congressional input until a proposal is reached. And do it in PUBLIC and not BEHIND CLOSED DOORS.


9 posted on 09/29/2008 12:30:57 PM PDT by IM2MAD
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To: rockinqsranch
This sounds interesting. Good for Darryl Issa for putting a viable alternative forth.

Several nights ago, Mr. Newt suggested the gubmint money be made available, but as a LOAN, interest paid, set re-payment schedule, Uncle Sam does not hold/manage the assets. I like this one as well, much simpler then all this gobbeldy-gook, simple bill that could pass easily and the American people understand the terms. But of course, a simple bill means no hidden goodies to entice members to vote for it.

10 posted on 09/29/2008 12:31:57 PM PDT by MozarkDawg
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To: MozarkDawg
Sec. Paulson is walking into the White House, according to Fox News.

Do you suppose he has the character to be bringing his letter of resignation?

11 posted on 09/29/2008 12:37:20 PM PDT by unspun (Tell the truth about Obama to all you know.)
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To: MozarkDawg

Simple and to the point. Sounds like Mr. Newt. Good one.

You hit the nail on the head about no hidden goodies. The Left will lose loads of taxpayer scammed vote leverage in this deal and are looking to protect their own interests.

The bullet riddled dead body on the floor in this mystery movie is ours, and the Investigators are the MSM that are doing their best to NOT see the smoking gun in the Democrats hand.


12 posted on 09/29/2008 12:42:43 PM PDT by rockinqsranch (Dems, Libs, Socialists, Call 'em what you will, they ALL have Fairies livin' in their Trees.)
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To: IM2MAD

exactly.


13 posted on 09/29/2008 12:43:40 PM PDT by ari-freedom (Let freedom ring!)
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To: 1curiousmind

Boner is an impotent leader.
The majority of Republicans followed Mike Pence.
It is time for Boner to step aside as Minority Leader, and Mike Pence to take his place.


14 posted on 09/29/2008 12:44:51 PM PDT by counterpunch (Jim Jones was a Community Organizer)
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To: taxcontrol; All

“.... we are only rearranging the deck chairs.”

This is what is happening anyway, just like in 1929.

The money markets and credit lines are manipulated from within. When the whole thing begins to break down, banks and corps crash, leaving the fat cat international Round Table elitists to gladly pick up the pieces for pennies on the dollar.

All with a little help from the Socialists under our own roofs.


15 posted on 09/29/2008 12:44:54 PM PDT by wolfcreek (I see miles and miles of Texas....let's keep it that way.)
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To: 1curiousmind

Excellent! I hope it gets some traction.


16 posted on 09/29/2008 12:51:51 PM PDT by Daryl L.Hunter (Pacifists are the unwitting ally of the enemy!)
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To: 1curiousmind
More debt being paid into debt.

When you find yourself in a hole, STOP DIGGING!

17 posted on 09/29/2008 12:51:55 PM PDT by Realism (Some believe that the facts-of-life are open to debate.....)
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To: rovenstinez

Hey, I can get you one of those Z$I,000,000,000 Zimbabwe notes.


18 posted on 09/29/2008 12:58:53 PM PDT by happygrl
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To: counterpunch

I heard that in a private caucus meeting with Republicans (before the vote), Boehner called the bill a “crap sandwich”.


19 posted on 09/29/2008 1:04:22 PM PDT by EarlyBird
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To: rockinqsranch

I would put $1000 of my owm money in that. It’s a free market solution to the problem.


20 posted on 09/29/2008 1:08:55 PM PDT by qman (All Islamo-fachist must die")
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