tag:blogger.com,1999:blog-4119943.post8261157365284041875..comments2023-09-29T06:57:06.991-07:00Comments on Anglachel's Journal: Proactive ThinkingAnglachelhttp://www.blogger.com/profile/01110546252851760414noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-4119943.post-23167676711643381192008-09-25T18:42:00.000-07:002008-09-25T18:42:00.000-07:00Unless there's significant mortgage relief along t...Unless there's significant mortgage relief along the lines of the HOLC proposal that HRC and others are floating, let's just say no deal. Because the alternative is relief for Wall Street and none for anybody we actually give a damn about.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4119943.post-7684725362995287232008-09-25T17:49:00.000-07:002008-09-25T17:49:00.000-07:00I was under the impression that the US government ...I was under the impression that the US government did not have enough resources to pay for the things we citizens need...like healthcare, social security, education, infra-structure, national security, disaster relief, childcare, veterans benefits, environmental projects, even military supplies...the list is a long one. So how is it that we suddenly have an extra 700bn to pay for anything? Even if the US gov't HAD the money, which it clearly doesn't (and probably won't) doesn't the phrase "Don't throw good money after bad" come to mind?<BR/><BR/>Why do so many believe that our government should attempt to restore "consumer confidence" in such a clearly disastrous system?daily democrathttps://www.blogger.com/profile/10391374802659833282noreply@blogger.comtag:blogger.com,1999:blog-4119943.post-52261267758607009712008-09-25T15:33:00.000-07:002008-09-25T15:33:00.000-07:00Why does P. Krugman see a need for a carefully str...Why does P. Krugman see a need for a carefully structured bailout? Hillary Clinton? When I try to sift through all that has been written and said about this, I think the general consensus is that an intervention is needed but the Bush proposal submitted to congress did not have provisions to protect taxpayers, to structure competent oversight. Those seem to me to be items that are being addressed and worked out through initiatives proposed by HRC and others. I also trust Warren Buffet who says we need intervention and has put forward his own support with 5B $ but stressed the need for government run market stability/liquidity.jangleshttps://www.blogger.com/profile/16562164166132990166noreply@blogger.comtag:blogger.com,1999:blog-4119943.post-51886843714568379282008-09-25T10:33:00.000-07:002008-09-25T10:33:00.000-07:00I'm a giant fan of the Galbraith family. James' fa...I'm a giant fan of the Galbraith family. James' father, John Kenneth, was they guy FDR used to implement Keynesian policies during the new deal. The plan James puts forth makes more sense to me than anything else I have heard.The Red Queenhttps://www.blogger.com/profile/05878357454951384602noreply@blogger.com