Behavior of Markets Proves We Should Have Had a 'Stock Injection Plan' like Sweden...

Discussion in 'Economics' started by ByLoSellHi, Oct 7, 2008.

  1. ...rather than this deeply, systematically flawed 'we'll try to price the impossible to price shit and buy it from you with taxpayer money' plan that the Treasury morons and Fed Reserve morons crafted.
     
  2. sprstpd

    sprstpd

    I thought the stock-injection plan is included as an option in the bailout bill that passed.
     
  3. There's a very vague clause that intimates this power, but it's completely discretionary at the whim of the 'Czar.'

    We should have had a mandatory, exclusive 'stock injection plan.'

    If the taxpayers are going to buy the shit, they should get a proportionate share of the okay and good assets, also, as well as a say on executive compensation and the manner by which the banks are run.
     
  4. I completely agree. this is the way to solve the situation.

    the US taxpayer should take control of the banking system. I think it will happen anyway.