karl you start so well

uncle's 7 trillion backing
gives the wall street casinos
a potential 7 trillion in pre funded loses
far better uncle insures
the entire home morgage debt of amerika

and then you add a nice passage
on
a social necessity :
serious household debt relief

but......then this:

"fair-minded people might conclude that The Federal Reserve is in fact broke and lying about their own solvency"

and you start the climb up the sunny side
of ron paul mountain

the thin air makes you dizzy and the movement of money
makes you see goblins
where only the late 70's in reverse
are passing by

"instantaneous run on money market accounts across the United States"

ya ?????? and ?????

Posted by: paine | Link to comment | December 17, 2008 at 08:29 AM

paine says...
"Why should recent house buyers (or people who have used the housing ATM liberally) be favoured over everybody else."

they shouldn't
it should be an offer u can't refuse
open to all

if it were done by say
a fed land bank
as a 30 year
balloon re fi at a zero first five year rate
on the full value of your lot
uncle strip teaser might tempt even the thrifty