http://disqus.com/people/torris187/enWed, 01 Oct 2008 22:22:57 -0000http://nmindependent.disqus.com/us_senate_passes_bailout_bill_domenici_and_bingaman_support_it/#comment-2793130To simplify the bailout bill.<br>1. Wall street, Goverment, American households are all broke.<br>2. The government is going to tax American households (through printing of money and inflation) to get money for this bailout.<br>3. The government is then going to lend this money to Wall Street at a negative interest rate and lose money on it.<br>4. Wall Street is then going to lend it back to us through bank loans at a high interest rate.<br>5. American households will be discouraged to work due to high inflation and declare bankruptcy.<br>6. A high number of bankruptcies will cause Wall street to go into bankruptcy.<br>7. Wash rinse repeat till we have a serious depression or the value of the dollar is equal to 0.torris187Wed, 01 Oct 2008 22:22:57 -0000http://americablog.disqus.com/by_large_margin_senate_passes_bailout_bill/#comment-2793078To simplify the bailout bill.<br>1. Wall street, Goverment, American households are all broke.<br>2. The government is going to tax American households (through printing of money and inflation) to get money for this bailout.<br>3. The government is then going to lend this money to Wall Street at a negative interest rate and lose money on it.<br>4. Wall Street is then going to lend it back to us through bank loans at a high interest rate.<br>5. American households will be discouraged to work due to high inflation and declare bankruptcy.<br>6. A high number of bankruptcies will cause Wall street to go into bankruptcy.<br>7. Wash rinse repeat till we have a serious depression or the value of the dollar is equal to 0.torris187Wed, 01 Oct 2008 22:17:33 -0000