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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (147320)	11/15/2008 2:42:40 PM
From: JBTFD	Respond to of 173976

If it were up to me I would let the bankrupt banks fail. I would beef up the FDIC so that depositors got their money back. I would dissolve the Federal Reserve since they have failed in their duty to keep the economy stable and I would have the government print money. I think it is an inherently unfair system that allows one class of men to profit from all the money that is in circulation and that is what is happening in the Federal reserve system. The advantage of my program is that there would be a huge credit deleveraging but it would happen relatively quick and be over, and then the economy could pick up the pieces and move on. As it is we are going to lunge from one economic crisis to another.