so the proposal is to have the government assume the risk by insuring against a loss?
wow, that worked so well for aig.......
the insurance proposal does not address the liquidity issues.
the insurance proposal leaves only the downside to the government for their trouble, there is no upside should the securities recover their value.
so who gets the most (the upside) out of the republican insurance proposal? the holders of those securities.
that is the true definition of a bailout.
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