Fill or Kill: Strong Case We Don't Need Geithner's Toxic Debt Scheme

And the lunacy continues! Only in the USA....LOL.

what a mess, where do you think the billions come from.....??? maybe the noise from the printing presses has clouded your judgment. who is and when are we going to pay it back?? what will the true cost be?? these toxic assets are long term instruments, not to be valued as short term turn and burn assets. they aren't "Toxic" if looked at, as what they really are.... long term mortgage pools. long term.... short term solution to a long term problem that isn't! don't believe the hype. it's all a lie....

let the markets work..... let the banks price(sell) their assets as they seem fit

key words "make money" "free money" sounds like they mean counterfeiting. The banks and the government are insolvent and all they can do is pretend they are solvent always pulling the wool tightly over the taxpayers eyes. What a joke.

1.21.2013 the day the nightmare ends.

"DISTORT & SHORT". Now who's doing the distorting? Remember the witch hunt around this time last year and think about how nobody needed to twist the facts to make the banks look unstable. Although we were told greedy bears were at work fooling the public, making the poor banker looks bad and would be hunted down etc... Now we know the bears were just stating the facts and should've been praised for their insight and taken much more seriously at the time. They were 100% right as history has proven. It was all true...and then some. If they were allowed to speak out, many people would've sold before the crash last fall and be much happier now.

Invest in Canadian banks, solvent and the right price with an .86 dollar exchange rate.

The toxic assets are only long term when the are held long term and do not go into foreclosure (remember we are talking about mortgages). Until jobs come back, exotic mortgages are re-written and home prices stabilize they (the mortgages) will be toxic debt. Jobs (things that are made or produced here in the United States). Exotic Mortgages (no money down...adjustable..interest only. Home price stabilization greatly reduced new home building and again back to jobs. So yes I think to banks will be back for more help, and by the way the latest survey on foreclosures shows that traditional mortgages has gone way up. Jobs and take home pay related issues are not going to get any better for quite some time.

PPIP will be put forward as many hedge funds have Madoff like balance sheets. If Treasury does not clean up their balance sheets soon many hedgies will fold under the coming cmo and cmbs crisis that will begin in September. Additionally, these hedge funds own a boatload of derivatives tied to re performance. The also own many of the CDS's that will fetch 2 cents like LEH garbage did in liquidation. AIG will need another 300 billion to cover the package losses. One quickie, with PPIP the Feds clean up the hedge funds balance sheets and creates the new medium for the banks to revolve the toxic loans amongst one another by injecting another trillion into a 12 trillion market. Since the banks are no longer required to let the public know what the true value of the loans are that they hold (mark to market suspension) they can rotate the loans at inflated values amongst one another until the market improves in 15 years. They must use NPV finding to value all of these assets before repackaging and shipping. The scariest part is that even after the correction we have experienced across the nation many major metro areas are still way over-priced when compared to the income median. Imagine, the market has corrected tremendously in NY and still only 20% of the houses are considered affordable. NY is right behind CA with budget issues and I would sell their muni's right away. God Bless every American

PPIP will be put forward as many hedge funds have Madoff like balance sheets. If Treasury does not clean up their balance sheets soon many hedgies will fold under the coming cmo and cmbs crisis that will begin in September. Additionally, these hedge funds own a boatload of derivatives tied to re performance. The also own many of the CDS's that will fetch 2 cents like LEH garbage did in liquidation. AIG will need another 300 billion to cover the package losses. One quickie, with PPIP the Feds clean up the hedge funds balance sheets and creates the new medium for the banks to revolve the toxic loans amongst one another by injecting another trillion into a 12 trillion market. Since the banks are no longer required to let the public know what the true value of the loans are that they hold (mark to market suspension) they can rotate the loans at inflated values amongst one another until the market improves in 15 years. They must use NPV finding to value all of these assets before repackaging and shipping. The scariest part is that even after the correction we have experienced across the nation many major metro areas are still way over-priced when compared to the income median. Imagine, the market has corrected tremendously in NY and still only 20% of the houses are considered affordable. NY is right behind CA with budget issues and I would sell their muni's right away. God Bless every American

PPIP will be put forward as many hedge funds have Madoff like balance sheets. If Treasury does not clean up their balance sheets soon many hedgies will fold under the coming cmo and cmbs crisis that will begin in September. Additionally, these hedge funds own a boatload of derivatives tied to re performance. The also own many of the CDS's that will fetch 2 cents like LEH garbage did in liquidation. AIG will need another 300 billion to cover the package losses. One quickie, with PPIP the Feds clean up the hedge funds balance sheets and creates the new medium for the banks to revolve the toxic loans amongst one another by injecting another trillion into a 12 trillion market. Since the banks are no longer required to let the public know what the true value of the loans are that they hold (mark to market suspension) they can rotate the loans at inflated values amongst one another until the market improves in 15 years. They must use NPV finding to value all of these assets before repackaging and shipping. The scariest part is that even after the correction we have experienced across the nation many major metro areas are still way over-priced when compared to the income median. Imagine, the market has corrected tremendously in NY and still only 20% of the houses are considered affordable. NY is right behind CA with budget issues and I would sell their muni's right away. God Bless every American

The toxic assets are only long term when the are held long term and do not go into foreclosure (remember we are talking about mortgages). Until jobs come back, exotic mortgages are re-written and home prices stabilize they (the mortgages) will be toxic debt. Jobs (things that are made or produced here in the United States). Exotic Mortgages (no money down...adjustable..interest only. Home price stabilization greatly reduced new home building and again back to jobs. So yes I think to banks will be back for more help, and by the way the latest survey on foreclosures shows that traditional mortgages has gone way up. Jobs and take home pay related issues are not going to get any better for quite some time.

lisalipps,why wait? Contact your senator/house rep NOW. Audit the FED HR 1207 S 6055 http://www.ronpaul.com/on-the-issues/audit-the-federal-reserve-hr-1207/

you got what you voted for at midterm make sure you put that x next to the same name you always have and america can continue to go down just proves the point never underestimate the stupidity of the american voting public

Take all the politicians benefits away. They steal enough to get along.

Bail out Calif. instead. The banks are not doing anybody any favors,

Toxic Debt is always worse than Toxic Assets.

Hey, Marx, Don't ask the question. We can't stand the answer!

US has the best congress money can buy.

Why should we bail out CA? They were dumb enough to elect Pelosi and other comucrats - let them fail!! And why should we believe anything coming out of this administration? CAP & Trade will be the final nail in the coffin that was once the U.S. economy. It will destroy our coal industry and the legislature, according to Alan Carlin (EPA Anlyst) is based on an out dated study - google Competitive Enterprise Institute for Alan's report! Then call your Senators or you will be sorry!