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http://seekingalpha.com/article/114964-nationalize-citigroup-and-bank-of-america

http://www.bloomberg.com/apps/news?pid=20601087&sid=agfDfcTVCTqw

http://seekingalpha.com/article/114903-a-transaction-tax-to-reduce-liquidity-on-u-s-markets-terrible-idea?source=article_lb_articles

http://seekingalpha.com/article/114910-proposal-debt-indexing-during-deflation?source=article_lb_articles

Congratulations to US taxpayers....you own but do not own MER...MER should have gone to $0....like LEH.... Mr. Thain gets credit for passing on the baton of insolvency....giving the ownership to BAC, and the bill to US taxpayers.... This is just plain wrong....A perfect example of...

http://www.nakedcapitalism.com/2009/01/us-negotiating-to-backstop-bofa.html

http://www.nakedcapitalism.com/2009/01/bernanke-expert-on-great-depression.html

http://globaleconomicanalysis.blogspot.com/2009/01/massive-taxpayer-backlash-over-pension.html

The bottom line here is that the nominated person is a typical "cost cutter" who will not be concerned with "stepping on any toes".... However....one would think one should know something about making cars, before they get to oversee making cars.... You want a surgeon working on you that...

http://www.bloomberg.com/apps/news?pid=20601170&refer=home&sid=azXIW.KjETz0 Typical reason why government has to be restructured.... And quickly.... Dramatic reduction in expenses.... 10% Consumption taxes.......

One has a choice..... "Cure" the cancer.... Or just "let it fester".... The patient has "economic cancer"....

http://mises.org/story/3290 10% Consumption tax only Dramatic cuts in government expenditures ........................................................................ Will provide the best means towards recovery....

http://blog.atimes.net/?p=408 Logic suggests that money will inevitably go towards what has the best payback....early, ontime, and late.... What does this mean? That China or whomever "has the money" will not flock around a "box of problematic assets", but will flock around "promising...

The real problem in the US is the income tax and the IRS.... Both should be immediately eliminated and replaced by a 10% consumption tax.... Then there would be no need for tax havens.... The treasury department actuarial number crunchers think that a 10% consumption tax would be...

Seriously.....for non-trading.... Commence dollar cost averaging the "best of the best" in the stock markets that were down the most in 2008.... 30 months fuse.....ie Templeton approach... .................................................................. What would be helpful.....is...

Just another reason for..... 10% consumption tax only..... ................................................................... Then what happens to .... Swiss Banks.... All tax havens.... "Havens" ...for ....what ?

Welcome to "US Politico Economics"..... It was generated at the same place they generate the "Unemployment numbers"...... "What they don't know....don't hurt 'em ".... ............................................................................................. However this chart...

Good Economics and Good Politics..... Are like salt and pepper.... Oil and water..... ..................................................................... Structural changes required..... If real progress is going to be made.... Otherwise....just more of the same.... And...

The Politicos do not know the term "truth".... Once they understand what "truth" means.... Then progress may be possible.... However not with Lawyers = "Professional Liars".... Another word missing from their vocabulary is "competence".... "Truth and Competence".... Just...

Remember "Truth or Consequences ?" http://seekingalpha.com/article/114087-there-s-unemployment-and-then-there-s-unemployment 7%......10%.....18% ....................................................................................... The "tax take" in each country is the biggest...