The latest is to nationalize the banks?
Buying bad assets will not work, more are going bad.
Buying stock in banks with bad assets is the same.
I hate to say it, but it makes sense to fund banks.
Highly restricted funds, they can loan them, but not mix them with the losses.
The banks are one problem, getting some float capital moving is another.
Some very sound business runs on short term funding.
Buy materials, pay labor, deliver product, and consumers who can fund the purchase.
We cannot fix housing, stop building and wait.
As most mortgages are performing, little choice but to leave it alone.
Those with subprime collections are going to lose, and should.
Those with good credit should be able to continue borrowing, or we lose the economy.
We the People put up the funds, and as banks fold, We the People buy them, at fair value.
People buy houses, Fanny and Freddie buy the mortgage, so we cut out the middle men.
Banks as a service, like the Post Office.
Next, We the People own the oil in the ground, I can see paying a fee to have it drilled, refined, then it is ours. Then we sell it to people who distribute.
Something is wrong when oil companies make billions a day on the People's oil.
Next, we Nationalize the Government, Of the People, By the People, For the People, via the Internet.