[Cog]

$this->bbcode_second_pass_quote('perdition79', '')$this->bbcode_second_pass_quote('Cog', ' ')

Dobbs is a populist, saying only what lay people want to hear. As much as the idea of spending money to buy debts seems to make sense, buying $200 billion in real estate would be a deflationary action. All the checkbook money created from that debt, along with the checkbook money that debt is based upon, would cease to exist. Debt is designed to be serviced, not repaid. If home loans are repaid, the money that was created by securitizing the loans is taken out of circulation. Repay enough debts and money eventually disappears.

[MrBean]

$this->bbcode_second_pass_quote('Duende', 'B')asically, I've come to believe that the money being given to the banks is meant to replace money that never really existed to begin with. It just disappeared, like a goddamn ghost in the night

[GeneralGreen]

I expect before Obama is done TRILLIONS more will be sent into bailouts..only inflating world currencies...
Ohh and others will copy the same as they all copied the bailouts..no nation will be spared.