Here is a simple solution. Give every homeowner in trouble a two year
moratorium to restructure their loan payments at their current lender so
those that want to stay in their homes can. Bail out the lenders until they
can collect in the form of a loan to be repaid. Have some review of their
expenses including executive compensation as part of the deal.
Daniel A Stromquist
-----Original Message-----
From: healeys-bounces+dan=warner-associates.com@autox.team.net
[mailto:healeys-bounces+dan=warner-associates.com@autox.team.net] On Behalf
Of Dave Porter
Sent: Thursday, September 25, 2008 9:10 AM
To: 'David Z'; healeys@autox.team.net
Subject: Re: [Healeys] FW: Common sense bailout plan
Great, now its my fault...
frogeye@porterscustom.com
Porter Customs
Albuquerque, NM USA 87107
505-352-1378
1954 BN2
Porter Custom Bicycles
www.britishcarforum.com/portercustoms.html
http://picasaweb.google.com/porterscustombicycles/PorterCustomBicyclesStuff
-----Original Message-----
From: healeys-bounces+frogeye=porterscustom.com@autox.team.net
[mailto:healeys-bounces+frogeye=porterscustom.com@autox.team.net] On Behalf
Of David Z
Sent: Thursday, September 25, 2008 8:02 AM
To: Johnsen, Bernard; healeys@autox.team.net
Subject: Re: [Healeys] FW: Common sense bailout plan
Bernie,
You're right. A few too many 0's on the original figure per person. This is
how bad info gets sent all over the internet unless people sit down and
think a bit about what they're reading.
David Z.
----- Original Message -----
From: "Johnsen, Bernard" <bernard.johnsen@ngc.com>
To: <healeys@autox.team.net>
Sent: Thursday, September 25, 2008 9:40 AM
Subject: Re: [Healeys] FW: Common sense bailout plan
> (snip)
> So divide 200 million adults 18+ into $85 billon that equals
> $425,000.00.
> (snip)
>
> I believe (200 million) gazinta (85 billion) 425 times, not
> 425,000 times. (Assuming we are talking about American Billions, not
> British Billions).
>
> - Bernie Johnsen
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