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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Geoff Altman who wrote (271211)	9/29/2008 4:50:54 PM
From: alanrs	1 Recommendation Respond to of 793983

"Not that the 700B isn't bad enough but I've heard they want to take a portion of whatever that nets in returns and give it to corrupt groups like ACORN, ARGH!, how can they even consider that....." That was inserted over the weekend in a particularly egregious form, with 20% of the gain from any profitable transaction going toward "the cause", regardless of the total amount outstanding. It was removed. Just another indication that I'm being conned. Paulson should resign. There are other good plans out there, I've read a couple of them. When someone goes on TV and explains why these other options are not being considered, siting chapter and verse, I will be more inclined to think them credible. And yes, I know everybody will be hurt. Me too. That's in the works one way or the other. Too many "we must pass this plan and HOPE it will do the job" comments. Let the bad banks fail. That WILL do the job and we can begin to pick up the pieces and move on. ARS