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True. But then what do you expect by the most INCOMPETENT Administration in the history of our Country. Leave it to them to send Paulson to the House of Reps last week with a 3-page proposal essentially saying, "Give Me $700 Billion and Trust Me With It." It's now up to 110 pages ( you...

You need to try turning your BRAIN on for once. The FED has been injecting a TON of money into the global market place. Their Balance Sheet is now well over $1 TRILLION DOLLARS for the first time ever. They have taken control of an "absurdly" political situation because they know full...

A very naive post. The FED's "bail-out" has already started. The FED's balance sheet increased by $218 BILLION as of the week ended last Wednesday, and now puts the FED's balance sheet well over $1 TRILLION DOLLARS for the first time ever! Continue at such a pace for the next two-weeks...

With all due respect, the "bail-out" has already been going on for the last week and a half . . . Try taking a look at the FED's latest reported balance sheet ending last Wednesday. They added $218 BILLION. :eek: They are now up over $1 TRILLION for the first time in history. Continue at...

The balance sheet of the FED increased about $218 BILLION in the week ended last Wednesday. They are now up over $1 Trillion dollars for the first time ever. Read this week's "Current Yield" column in Barron's.

Very true. On a similar note, there are ECONOMISTS from academia that are advising the likes of Reps. DeFazio and Pete Stark who are part of this "Transaction Tax". I had one of their assistants return my phone call of last week, earlier today, and she said we need a REVENUE RAISER to PAY...

Easy. It's called a run on a bank. WAMU lost $17 BILLION in one week.

http://www.washingtonpost.com/wp-dyn/content/article/2008/09/23/AR2008092302322.html Bill Gross, an obvious interested market participant who has "skin" in the game. Nonetheless, it is a basic primer and spells out how the Treasury's Proposal would unfold. Be mindful that this debt is NOT...

A word of wisdom from the wise. Purely refreshing. :)

I really don't think that the Treasury acting as the initial bidder is all that bad. What these securities need is "price-discovery" via some sort of market mechanism. It would be great if someone in Congress were smart enough to propose that these securities clear through some sort of a...

Oh, you mean the "paper-trader" that averages down into positions that have gone 20% against him and he NEVER, ever has a losing trade? You are too funny, Mr. Photo Shop! :D

Ron Paul is wonderful at pointing out what is wrong, but he offers relatively few answers aside from cutting defense spending and getting out of Iraq. As screwed up as the RTC was with all of its political cronyism, that "bail-out" still helped save roughly $250 billion for taxpayers. The...

Agreed. The RTC "bail-out" nearly 20 years ago saved taxpayers roughly $250 Billion. But no one wants to even talk about that. Again, the problem is that most people on "Main Street" haven't the slightest clue of how the banking system works, counter-party risk, corporate financing...

Stop being so lazy. The Wall Street Journal and Barron's have been covering the specifics of the Treasury's proposal for the last week. Are you just too lazy to research it yourself via simple reading? http://blogs.wsj.com/economics/2008/09/23/how-will-troubled-assets-get-priced/...

There is no doubt that GE Capital has been reducing leverage and boosting capital; given the counter-party risk out there, this is really no surprise; hence the suspension of the stock buyback. But "excessive" leverage at GE? Please cite a specific leverage ratio.

Thank You. Excellent point. But as usual, it's lost on the highly naive economic base of most on ET.

How did that Lightspeed platform work for you today? A few latency issues? LOL! :D :D :D

First off, I hate to break this to you but this is NOT a Democracy. It is a Republic. If it were a Democracy then you would not merely have the House of Reps voting on this legislation. FYI: I am a registered Republican.

Agreed.

There is nothing wrong with the Treasury facilitating "price discovery" in this case given the severity and magnitude of the current situation. Does the United States wish to go the way of Japan for the next decade? Again, many of you simply wish to let the "patient" die in intensive care...