tag:blogger.com,1999:blog-11542449.post5838188511418774255..comments2024-03-28T15:39:28.239-04:00Comments on Vital Remnants: The rational case for a bailoutMartin Cothranhttp://www.blogger.com/profile/16452612266051351726noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-11542449.post-20636524868692790622008-10-02T17:09:00.000-04:002008-10-02T17:09:00.000-04:00thomas,Delighted to find us to be in agreement for...thomas,<BR/><BR/>Delighted to find us to be in agreement for a change.<BR/><BR/><BR/>kycobb,<BR/><BR/>If something has no market, it is by definition not worth very much. It's not the the houses attached to Fannie and Freddie's defaulted mortgages have zero value. Of course they have some value, just not as much as they are down for on the mortgages. That's the whole problem. That the prices Leehttps://www.blogger.com/profile/12974887002402743628noreply@blogger.comtag:blogger.com,1999:blog-11542449.post-83855236276122572012008-10-02T15:01:00.000-04:002008-10-02T15:01:00.000-04:00The second link doesn't contain any case for the n...The second link doesn't contain any case for the need for the bailout. I'd be interested to see a solid case for it. As it is, we are in a scenario where poorly written legislation has not been subjected to the proper debate but is being rushed through because if we don't terrible, terrible things will happen. Instead of a mushroom cloud over Washington it's a meltdown in our financial system. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11542449.post-63983250608586222862008-10-01T22:29:00.000-04:002008-10-01T22:29:00.000-04:00I read an interesting article that suggested that ...I read an interesting article that suggested that the paper Treasury would buy is actually quite valuable. The problem is that at this particular point in time its difficult to value and there is no market for it. Only the U.S. government is currently liquid enough to purchase it, and not only will the cash infusion loosen up the credit markets, the Treasury stands to make a huge (as in over a Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11542449.post-44695864485604256842008-10-01T12:21:00.000-04:002008-10-01T12:21:00.000-04:00You would be more persuasive if you were a little ...You would be more persuasive if you were a little more succinct.Martin Cothranhttps://www.blogger.com/profile/16452612266051351726noreply@blogger.comtag:blogger.com,1999:blog-11542449.post-22012157958253990822008-10-01T10:46:00.000-04:002008-10-01T10:46:00.000-04:00Don’t believe one optimistic word from any public ...Don’t believe one optimistic word from any public figure about the economy or humanity in general. They are all part of the problem. Its like a game of Monopoly. In America, the richest 1% now hold ALMOST 1/2 OF ALL UNITED STATES WEALTH. Unlike ‘lesser’ estimates, this includes all stocks, bonds, cash, offshore accounts, and material assets held by America’s richest 1%. Even that filthy pig OprahAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11542449.post-82701504591237061332008-09-30T22:48:00.000-04:002008-09-30T22:48:00.000-04:00For the contrary position, I find this fellow pers...For the contrary position, I find this fellow persuasive:<BR/><BR/>http://www.cnn.com/2008/POLITICS/09/29/miron.bailout/index.html?iref=mpstoryview<BR/><BR/>There is no way I can be convinced that the solution to this mess is to give more money to the people who made it.Leehttps://www.blogger.com/profile/12974887002402743628noreply@blogger.com