The Valley's Deadly Financial Ripples

Silver Surfer here... OK I have come up with a couple keys for a New American Plan to move us forward. Please note I need all of you to chime in with you great ideas and vision to make this work. We have till Thursday to come up with the Right Plan. Please help... Step 1. The Fed needs to lower rates by .5 basis points tomorrow AM. Step 2. We need to use a great deal of money to fund the Samll Business Sector of the economy. We need to free up the Entrepenuers with new capital. i. At the moment I see them providing the Jobs we will need as the consolidation of Major Corporation moves forward. It was a given ... they could only keep down the Entrepenurial Spirit so long in this Country. The innovators and Entrepenures will save the day. ii. Going Green and providing alot of Financial Leverage against the big oil status quo is essential. We need a cleaner and more diversified aproach to Energy. This has started to some degree if GM an Ford follow through with Electric and Hydrogen Fuel Cell autos. Wind Farms, cleaner cole et al. Safe Nuclear power. I can see millions of jobs emerging for this sector. I am sure you can also. Whose is going to give me step 3. Come on you all wanted to stop the Bail Out. Give me some Amry Strong Mission Critical answers. In Spirt - Silver Surfer Out

we are fuuuu....ked

Come on Guys and Gals.. You won the day. Be glad, be proud, give something back... Silver Surfer Out...Give me what I need from you. Look it is not that hard. Lesson one we are in a Capital driven economy where do you really want your capital in Tax dollars to go to help out? Steer the Great American Plan.

Within the Greatest Battles of Fear and Shock emerges the silver lining...look for it. It is in your grasp. I am not going away, you need me, you called out to me, I am here for you.

Mr Perfect you did all the right things. But you know you can still loose the equity the 15 or 20% you have tied up inb your home. And you know if you can I bet you might thick about a 95% refi right now so you too could walk away from your home if you have to with little loss. The people that leverage themselves this way were not so dumb were they. I too am like you and may refi to protect myself from a major down turn in home prices. I would still have my equity back and just need to drop the mortgage on the bank. Loser regulations allow this kind of thinking to prevail. We need to tighten down the regs. It will be painful and lot more people will be hurt before this gets better so prepare for the worst. Now please give me a step to make a Great American Plan.Silver Surfer out.

People made the financial decisions for many reasons, at one point there was a time when buying houses believe it or not was a good investment. I work in mortgage banking, and it is much bigger than just bailing out the big business, essentially this plan would bail out America. We WOULD have to pay higher taxes for this, granted, but if there isnt any type of action taken things will get much worse...There are more people that are being affected than this other than those who borrowed too much on their inflated house value, it is a domino effect and if something isnt done immediately we will see ourselves in a depression, and the sad thing is that no one other than those directly involved seem to care....and there are still those ignorant people who just because it isnt impacting them directly right now, dont want to pay higher taxes...to those people i say quit being selfish and give back.

Those who bought homes with nothing down expecting 10% equity growth a year were just simply foolish. Now we're all in that fools boat together.

Thank God for a democratic congress. Thanks for not passing the bailout! I'd rather have people with poor credit have trouble getting loans then put all of us on the hook for those same people. Lets hope this bailout stays a NO vote. Our voices were actually heard!

Silver Surfer here... The Great American Story is just starting anew. Some one give me the next step we need to take to get this plan going. Step 1. Tomorrow lower Fed funds by ,5 basis pts. Step 2. Focus capital to Small Business for Job Growth. Step 3... ???

Republicans sure know how to stick it to the american public!!

though i don't agree with Step 1 or 2 my suggestions is to unwind these mortgages by making them transparent. we could do this by trading these on exchanges like we do everything else. the problem were in is because they bundle these bad mortgages with good mortgages ie CDO's. by the way this was not a Republican idea, we can thank clinton for this one. On energy, green is good but its not the solution. i have solar panels but these only produce so much and of course only during daylight hours. if us goverment stated we will build 100 nuclear power plants in 10 years the price of oil would drop in half. plus we can tell the middle east and russia to take a hike.

The problem is the people have decided they want to be the suicide bombers of the economy, and their representatives were more than happy to blow it all up good. The "bailout" plan wasn't perfect . . . or even really good. But it was acceptable after the Dems amended it, and the situation required quick action. I mean, when the government says it, analysts say it, economists are in a panic and Warren Buffett wants to know what we're waiting on, I think it's safe to assume the situation is dire. But no. . . . What we wanted to do was make our "enemies" -- and they are enemies in one respect -- even if wounding them would kill us, and lots of other people. I'm sorry, but that's mass insanity. We invade Iraq and end up becoming Iraq. http://revolution-21.blogspot.com/2008/09/suicide-bombers-of-economy.html And if you're in the mood for some relevant music, try this: http://www.revolution21.podomatic.com/

Step 3: The second coming of Christ.

So it time now that we come out of Iraaaaaaqqqqqq and focus back home???????????????????????????????????????? Mr BUUUUUUUUUUUUUSHY

Now i can BUY stocks at a lower price AAPL,RIMM,IBM,XOM,CVX, WOW MERRY XMAS TO ALL ...

I'm retired and think the crash (sort of ) is a reason to get back in.I really loose in a peroid of inflation and the dollars continued lost against value is my concern not credit. Anybody with cash ? Lots of cheap buys becoming available and capitalism needs fixed?

Tax the rich until there ain't no rich no more! Health care for all Americans, stop the wars, house the homeless.

It all over greedy.

the american economy is bust,if you have any dollars in savings convert it into euros and stick it in an european bank...the dollar is way over valued how can the matkets justify its vale --the value ot the dollar the next bubble to burst

Step 3 go to an average grade school Civics class and let them vote on the Bailout. They are more likely than Congress to understand the crises.