Do we really need a “bailout?” If so, let’s actually PAY for the “bailout.”

Some really good stuff at DailyKos.   Here are some much under-appreciated proposals to actually pay for the bailout.  Better yet, these include some proposals to make the people benefiting from the bailout pay for it. Really, does it make any sense to call this a "bailout" when we are accomplishing…

Continue ReadingDo we really need a “bailout?” If so, let’s actually PAY for the “bailout.”

Making numerical sense of the “bailout”

I’m sitting here, stunned by the amount of money that is about to be casually taken out of the U.S. Treasury to “save” the economy.  I’m highly suspicious.  I’m not sure this taxpayer revenue is needed or that it is any more than a band-aid.  Surely, Wall Street (or other…

Continue ReadingMaking numerical sense of the “bailout”