I have no problem with the bail out deal BUT it should be like the
Chrysler deal was in the 80s and it should be a LOAN. Also the greedy
ass corporate leaders should be put on a tight ass leash and there
expenses monitored. They also should not get away with this free and
clear there assets should be put up as a sort of collateral just like
if you or were to go get a loan from them.
On Sep 25, 2008, at 11:06 AM, Dan Stromquist wrote:
> 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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