I say screw the bailout. Let's just pump money into AIG, since we already own it, and take over the credit industry. So what if the other companies fail, we (the taxpayers) can just buy the assets on the cheap. We would be one of the only players out there with enough capital to loan directly to the citizens.
Sunday, September 21, 2008
Then after everything has shaken out, we just divvy the company up, giving every American a share, and let the free market take over.
I'd also like to see a 85% income/capital gains tax applied retroactively to every single CEO who has had a hand in this crisis.