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Strategies & Market Trends : The coming US dollar crisis

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To: Gary Mohilner who wrote (19987)4/25/2009 8:42:22 AM
From: niceguy7671 Recommendation   of 71456
 
Sounds good to me.

Give consumers a break by applying those bailout funds to lowering mortgage interest rates and/or rent relief, and lowering credit cards.

The banks could receive funding for the equivalent that consumers benefit from the lowered rate.

That way the consumer gets a break and the banks don't get penalized. (vs. the current formula whereby bank failures are rewarded and the consumer, by comparison, is left twisting in the wind.)

Pareto optimal (the best for the most)! That's a novel thought...at least for this gang of monopoly money maroons currently making the decisions.
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