Is the Paulsen/Bernanke approach Trickle-down again?

Discussion in 'Wall St. News' started by WaveStrider, Sep 23, 2008.

  1. The mortgage holders get no relief, only the financial corporations who get to unload the worst CDO's to the taxpayer.

    But - if the mortgage holders just keep defaulting, then the value of the CDO's are going to be squat once they are traded via Dutch-style auction.

    So the financial companies get to stick the taxpayer with junk, and since the little guy gets no help, he is pretty much going to default and make the value of what John Q Public bought worse.

    Definitely a "top-down/trickle-down" approach to the whole thing.
  2. Would you trust a man who sticks his tongue out every time he finishes a thought.

    Paulson is probably offering blow jobs for votes.
  3. These guys are totally ruining the lives of the future American generations. Why not demand back at least 50% of the profits these wreckless companies made? Why isn't that even an option??