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Professor S · 09-29-2008, 12:27 PM

Xantar, while we have you: What are your thoughts on the "bailout" plan. Myself, I'm torn about it, and the more a look into it, the more torn I become.

To keep it from happening again, my thoughts were to go back to separating the Mortgage industry from Investment/Securities and installing a government committee to oversee the Federal Reserve, and not a single Fed czar, so that we can better manage the cost of money and not have runs on bad debt.

Am I completely nuts on that? Thoughts?

09-29-2008, 12:27 PM	#47
Professor S Devourer of Worlds Professor S is offline Location: Mount Penn, PA Now Playing: Team Fortress 2, all day everyday Posts: 6,608	Re: Game On: The First Presidential Debate Xantar, while we have you: What are your thoughts on the "bailout" plan. Myself, I'm torn about it, and the more a look into it, the more torn I become. To keep it from happening again, my thoughts were to go back to separating the Mortgage industry from Investment/Securities and installing a government committee to oversee the Federal Reserve, and not a single Fed czar, so that we can better manage the cost of money and not have runs on bad debt. Am I completely nuts on that? Thoughts? __________________