Editor,
Nationalize the banks, fire the so-called executives, and use their employees and infrastructure to do what banks are supposed to do: makes loans.
Take the $700 billion going into so-called executives' pockets and dole it out to mortgagees who can't make their payments, thus making bad loans good.
Explain the "unfairness" of dumbos getting help with their loans when straight-arrow economic geniuses have to pay their own mortgages as "sacrifice" for the good of the nation. Sometimes someone other than inner city youth, pregnant teenagers, and unemployed rust-belt cannon fodder have to make sacrifices for their country.
re: "Bailouts for Bunglers" (2/2/2009)
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