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Politics : THE WHITE HOUSE -- Ignore unavailable to you. Want to Upgrade?

To: pompsander who wrote (23719)	10/11/2008 1:21:21 PM
From: DuckTapeSunroof	Respond to of 25737

Re: "I am more inclined to this infusion of equity approach than others." Yes. Studies of banking crisis throughout history shows that (as long as the action is taken speedily and in a larger enough amount) that this approach stands the best chance of ending the panic and restoring more normal economic conditions. Most efficient method for recapitalizing the banks --- which problem lies at the route of their failing to lend now. FAR BETTER then over-paying for bad assets! "At least then the government has a chance to sell the stakes down the road and recover some investment.' That too! (Always best to act like any SMART INVESTOR would be expected to!) "I would prefer the government not stay in the banking business any longer than necessary." Oh, I'm sure that if they can sell out at a profit, down the road, (given the pressures of the federal deficits and all), they'll be quite happy to!