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note Interesting amendment to the bailout... New

Forum: LiquidLounge
Date: Sep 26 2008, 0:59 GMT
From: Chrisj

Chrisj
One principle that's central to the market bailout is this notion that risk and reward go together.  Why should this not also apply to the folks in government?  Do you think we'd get a little more risk aversion if the president, SecTreas, Fed Chief, and everybody in congress's future pay and pension was tied to the outcome?

http://gregransom.com/prestopundit/2008/09/a-modest-proposal-my-amendment.html

What's good for the goose is good for the gander, after all... :-)

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gack I really think this whole thing is the worst idea ever.   <NT> Tallman New
feedback what do you think about private investors buying (cough) bailing them out? decker New
note I think that that would better reflect the real valuation of the goods Chrisj New
feedback My banking friends tell me the bailout has to happen.... JohnnyB New
more Oh, and this is just the beginning. <NT> JohnnyB New
question If you have zero debt, are you affected? rlhartman New
more Yes. <NT> JohnnyB New
feedback Care to elaborate? <NT> rlhartman New
smile No. <NT> JohnnyB New
feedback The world doesn't only revolve around one person. If you interact with others who are affected, you will be too. Wilko New
note Absolutely!  I had been thinking about the top execs of companies begging for help mtnsport New
feedback Just seems childish to me snowwrestler New
note What, asking for accountability?  Asking that risk go with reward? Chrisj New
more This is not asking for accountability snowwrestler New
th_up That's a capital idea! ha ha!! <NT> GRITS New
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