Re: Throwing a “TARP” Over Economic Reality? No. No Bailout.

Daniel — Tue, 12 May 2009 04:03:53 -0000

I must say that this idea behind the bailout plan, it seems, is to remake a market for this paper by having the federal government buy it.
home mortgage

Re: Throwing a “TARP” Over Economic Reality? No. No Bailout.

donnaklopez — Sun, 12 Apr 2009 08:55:24 -0000

Now, what if the government came in and bought $700 billion dollars worth of beach sand? Current holders of beach sand would get a tremendous windfall, and the government would get a lot of beach sand, but the market for beach sand would not be restored. It would only Karls Mortgage Calculator return when beach sand was again priced at a value that people believed was right. Taxpayers would be out $700 billion and the market for beach sand would be no stronger than before.

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Re: Throwing a “TARP” Over Economic Reality? No. No Bailout.

Re: Throwing a “TARP” Over Economic Reality? No. No Bailout.