Repeal Sarbanes-Oxley, eliminate Capital Gain taxes this week, let Paulson use 150 billion to temporarily fund strapped credit market. Free market will do pull us out of the mess more quickly than Paulson proposal.
I like the repeal of SOX. The only problem I have right now is that there is just no cash out there in the market. The money is gone. Our whole economy is built on debt and the piper must be paid - now. I am not sure we have much choice other than to make this deal with the devil and then try to back out of it slowly over the next 20 -30 years (it is near impossible to wrest power AWAY from the gov’t once you give it to them).
Earth to Mogollon:
Nancy and Harry are in control...