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To: ggamer who wrote (87391)	9/30/2008 3:25:28 PM
From: benwood	Respond to of 116555

I could be mistaken, I am probably mistaken, but I think the very LAST thing they want is for people to pay off their loans early, as that would invoke the reverse reserve phenomena of causing them to be overly leveraged, and thus cause they to have to pay down some debt themselves (e.g. lower credit card balances, etc.). My take on this whole bailout is that its intent is to replace the debt contraction (caused by the revelation that much 'money' is fictitious capital) with newly printed debt. If the debt contracts too far, the fiat currency will die. So the debt must continue being pumped up at all costs. So as the real-estate debt shrinks, debt must be pumped up at gunpoint to replace it.

To: ggamer who wrote (87391)	9/30/2008 4:11:53 PM
From: Dan3	Read Replies (1) \| Respond to of 116555

Re: I think the government should allow people who saved their money for rainy days to pay off their mortgages at a discount. Government/Banks get the much needed funds. Good citizens get a discount on their loans. Win win situation! What do you all think???????????? It's a lot more fair than the current plan, and you would then have funds available to spend elsewhere, which would stimulate the economy, but what about renters? It's quite unfair to them. It also would take a while for it to help small businesses. I like the speed and evenhandedness of a FICA tax holiday. It could be implemented very quickly, and would help businesses as well as consumers. If it were backdated, and refunds were sent out, it could help small businesses that are in trouble make their next few payrolls (that seems to be the big bugaboo that's being pushed as justification for the wall street bailout).