Without a Bailout Plan, What Will the Cost Be?

9-29-2008 • Time magazine

Taxpayers are already on the hook for the failures of financial institutions, and it's possible that the bill will actually be larger without bailout legislation than with it. That's because the regulators who mind the financial industry - th

2 Comments in Response to Without a Bailout Plan, What Will the Cost Be?

Comment by PureTrust

Entered on: 9/30/2008 3:22:13 PM

It's really simple. All the government needs to do is start minting and circulating different coins with a face value based on the value of the metal that they are made of, while taking currency off the market.

Comment by Brock

Entered on: 9/29/2008 10:28:15 PM

To paraphrase: there are blank checks out there, so by not signing a blank check all congress did was guarantee the other blank checks will continue to be blank.

Hahahahahaahaha!

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