On Sep 20, 1:14 pm, BretCah...@peoplepc.com wrote: The rest of us will have to suffer under GOP tax cut stagflation. Bret Cahill We have some very stupid, senile investors who think that the government can "absorb" 20+ trillion dollars in debt in a 1 trillion dollar budget. Doesn't quite add up. They are going to destroy the currency, as well as the overall economy. The dollar is collapsing, oil is skyrocketing again. ...

...G, totals about $42 trillion dollars alone. That's trillion. Nobody knows how much of this debt will ultimately be paid back, because that depends on the health of the broader economy and the confidence of investors. Paulson's idea of allowing financial institutions to park questionable securities in a government agency may not be sufficient to stem the damage -- unless it is coupled with broader reforms. In return for taking a lot of...

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... a lesser house to keep it affordable. -------------------------------------------------------- Ed, the last time I looked, no one is "bailing out" anyone with a home mortgage in trouble. The Govt has been bailing out FF/FF Investors/bankers, ie the Chinese Govt, not individual mortagees pushed into foreclosure. If you imagine this "crisis" is a mini hickup, and nothing like as bad as 1929, and that the Govt. stepping into toss...

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