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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (86435)	9/24/2008 4:40:51 AM
From: mishedlo	8 Recommendations Read Replies (3) \| Respond to of 116555

Senator Sanders' Petition Against Paulson globaleconomicanalysis.blogspot.com Mish

To: NOW who wrote (86435)	9/24/2008 7:16:56 AM
From: see clearly now	4 Recommendations Read Replies (2) \| Respond to of 116555

From: LindyBill 9/24/2008 6:55:24 AM of 270012 The Meltzer Plan By Greg Mankiw Talking on the NewHour, economist Allan Meltzer says he does not like the Treasury Plan to end the financial crisis and proposes an alternative: "if they're going to do something, then what they ought to do is make loans, which the financial institutions have to repay with interest. And if you think -- that's an idea which the Chileans have used in a bigger crisis than this for them in 1982, and it worked for them. People paid back the loans. They weren't allowed to pay dividends until they repaid the loans. They weren't allowed to take bonuses until they repaid the loans. I think that's the way -- if we're going to do this, then that's the way we should do it." From Politics for Pros thread