Solutions to the Financial Crisis

Date: Tuesday, September 30, 2008 1:01 AM
Category: Allgov Blogs
Watching the nation’s news commentators, you would think that the bailout proposal created by the Bush administration, adjusted by the Congressional leaders and then rejected by the House of Representatives was the only possible answer to the nation’s financial problems. Fortunately, many observers from the Left, Right and Middle have presented alternative solutions. Here are a few of these ideas. Some are comprehensive and some deal with individual issues, but they are all worth a look.
 

Where to Find $900 billion for Recovery (by Anderson, Collins, Muhammad and Pizzigati, Institute for Policy Studies

Tweak the Bailout Plan (by Stuart M. Butler and Edwin Meese, III, Heritage Foundation)
Fix the Bailout Plan (by Dominique Strauss-Kahn, International Monetary Fund)
Increase Transparency, Liquidity and Supervision (by Martin Neil Naily and Robert E. Litan, Brookings Institution)
Home Owners Loan Corp. and Federal Revenue Sharing (by James K. Galbraith, Washington Post)
Cut Defense Spending, now at $612 billion for 2009 (by Chalmers Johnson, TomDispatch.com)
Homeowners Emergency Loan Program (National Community Reinvestment Coalition)
Keep Borrowers in Their Homes (by Andrew Jakabovics, Center for American Progress)
Super-Bonds (by John P. Hussman, Hussman Funds)
 

Latest News

Right to Abortion Ends in the U.S….Thanks to the Electoral College

Five of the six justices who voted to end the right to abortion were nominated by two presidents, George W. Bush and Donald Trump, both of whom lost the popular vote, but became president, despite finishing in second place, thanks to the Electoral College system.   read more

Another Way of Looking at the French Election: Le Pen Lost to None of the Above

Final Results Emmanuel Macron: 18,779,812 Abstentions: 13,655,960 Marine Le Pen: 13,297,719 Blancs and Nuls: 3,018,999   read more

Why I’m Not Going to the Beijing Winter Olympics

I have attended 19 Olympics, Summer and Winter, usually as a radio or television commentator. The last one I missed was the Calgary Winter Games in 1988. I was granted access to the 2022 Beijing Winter Games, but I will not be going. I am not going because I do not feel comfortable with the intrusive “surveillance bubble” imposed on visitors by the Chinese government.   read more

Marjorie Taylor Greene, in Reversal, Promotes Vaccinations

Greene explained, "Most victims of Covid are not vaccinated and most of them are Republicans. It’s clear that Democrats have infiltrated the anti-vax, anti-mask movement in order to kill off as many Republicans as possible."   read more

Why Do They Hate Us? A 20-Year Update

In the days following the terrorist attacks of September 11, 2001, many people I spoke with simply could not understand why anyone, anywhere, would not like Americans, even if it was just a few dozen fanatics. In one form or another, they asked: Why do they hate us? Back in 2001, I tried to address this question in a short essay I wrote one month after the attacks.   read more
see more...