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

Trump Deports JD Vance and His Wife

According to aides who were present when Trump discussed the issue, but who choose to remain anonymous for fear of retribution, Trump said he was sick of Vance and wanted to fire him. “I wanted him to be my attack dog,” said Trump, “but he appears foolish on television. He dropped the college football trophy. He met with Pope Francis and the next day the pope died. Vance is toxic, and I don’t want him to come near me. He just doesn’t look as good on television as I thought he would.”   read more

Trump Offers to Return Alaska to Russia

In an attempt to end the war caused by Russia’s invasion of Ukraine, U.S. President Donald Trump has offered to return Alaska to Russia in exchange for Russia pulling its troops from Eastern Ukraine. Russian dictator Vladimir Putin said he would agree to the proposal if Trump also returned Fort Ross and the Russian River in California, Russia sold Fort Ross to Mexican citizen John Sutter in 1841.   read more

Musk and Trump Fire Members of Congress

Elon Musk’s Department of Government Efficiency (DOGE) sent messages to all members of Congress terminating their positions, stating “Your performance has not been adequate to justify further employment.” All Democratic and independent members of Congress, as well as two Republicans, found themselves locked out of their offices after everything inside had been confiscated.   read more

Trump Calls for Violent Street Demonstrations Against Himself

President Donald Trump has repeatedly expressed outrage to aides because there have been no violent mass street demonstrations against his statements and policies. He believes he needs violent demonstrations against him in order to declare a national state of emergency that would allow him to do anything he wants.   read more

Trump Changes Name of Republican Party

Said Trump, “Any politician who insists on continuing to call himself a Republican will be primaried or even worse.” "Those cabinet members and members of the Trumpican Party in Congress who have not appeared regularly on Fox News will be required to take a screen test. Those who fail will be required to take acting classes.”   read more
see more...