Tuesday, September 30, 2008

Okay, My Turn

Here's my idea for bailing out Wall Street:

1. Go after the rich and the big megacorporations and not only raise their taxes but confiscate a percentage of their assets (said percentage to be based on their assets and earnings - gotta leave something for the stockholders).

2. Apply the assets confiscated to the problem.

3. Allow the market to find its own level while restraining banks and credit card companies from raising their rates to loan-shark heights.

What do you think?


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