Yeah, I'm going to be a politi-dork and tell you that I sent a fax to "my Congressman." The D.C. servers are all down — hmm, wonder why? They haven't ever expected "us" to be involved to this extent. Funny.
If you have access to a fax and you live in KCMO, tell Emanuel Cleaver how you feel: 202-225-4403.
He is one of the Dems who switched from "no" to "yes" after "sweeteners" like tax breaks for natural disaster victims (great precedent, eh?), money for rural schools (again, what does this have to do with banks taking risks they are not able to sustain?), and even rum, I read, were added.
I do not see how my government's buying risky assets is a good thing, especially when the idea is to "create a market for risky debt again."
See any safeguards? Regulation? Sure, just print more money and cause inflation. That helps consumers.
Who owns America? In case you had forgotten, they are making a huge transparent show of it.