The Jacob 700 Billion Dollar Bail-Out

Jacob to the rescue

Here is the deal.

The Fed should lend the money to the banks.

The Banks should pay the money back with interest.

Make the banks deal with the undervalued assets.

Increase Insurance on deposits to 200 g’s

No fuss, no muss.

Government gets paid back when the assets sell, AND THEY WILL!!!!

The Government makes Interest on the money.

Trust me, this will work. Period.

Everybody is happy…

Except special interest groups, and all the other people trying to take advantage of the situation.

This entry was posted on October 1, 2008 at 11:29 pm and is filed under in politics, thoughts, world events. Tagged: 700 billion, bailout, mortgage. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “The Jacob 700 Billion Dollar Bail-Out”

jwojdylo Says:
October 1, 2008 at 11:32 pm
makes a lot of sense, but we know that things can’t be that easy! great picture by the way!
http://jwojdylo.wordpress.com

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