[ExI] The bailout

Techno neptune at superlink.net
Tue Sep 30 02:25:33 UTC 2008

On Monday, September 29, 2008 5:38 PM John K Clark jonkc at bellsouth.net 
>I see that the House has rejected the 700 billion bailout of Wall
> Street. But clearly something must be done and done damn quick to 
> outmaneuver disaster, and this is no time to be paralyzed by dogma even if 
> that dogma happens to be true. I was wondering about an alternative idea 
> that I've had, a massive 700 billion tax cut with 90% aimed at the middle 
> class. Realistically you've got to let corporations have at least 10% if 
> you actually expect the idea to get passed by the congress. I'd be 
> interested to know if any of you economic wonks think that
> idea would pass the mustard. It may not, it may be too slow,
> I'm just asking.

These are the same guys who told us there were weapons of mass destruction 
in Iraq.  Why let fear, especially fear they're fomenting, cloud your 



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