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<p>[QUOTE=&quot;bahabully, post: 1136487, member: 17555&quot;]Korea,,, your logic still appears backwards and rewards crooks imo... </p><p>....&quot;Anyone who has a checking, savings or brokerage account, mortgage or credit facility at one of the top-15 financial institutions benefitted directly from the bailout&quot;</p><p>&nbsp;</p><p>Can you add content to the above statement ?</p><p>&nbsp;</p><p>Here&#039;s my thought.</p><p>1 - Let those accounts vapor lock (checking, savings, brokerage, and credit),,,,, I don&#039;t understand the reference to mortgage here but will guess at what you are tying to say in a second.</p><p>2 - After all accounts are locked, run each banks net...&nbsp;&nbsp; Here&#039;s where we find they have overleveraged and raped thier shareholders and common folks account and now have a net negative value of some 9T or more.</p><p>3 - That&#039;s&nbsp; a bankrupt bank, so:</p><p>&nbsp;&nbsp;&nbsp; 1 - close the doors.</p><p>&nbsp;&nbsp;&nbsp; 2 - dole out the 100k fed insurance to all individual account holders.</p><p>&nbsp;&nbsp;&nbsp; 3 - ACCOUNTABILITY - seize all the banks assets</p><p>&nbsp;&nbsp;&nbsp; 4 - ACCOUNTABILITY - seize all the bank owners and bank primary&#039;s assets </p><p>&nbsp;&nbsp;&nbsp; 5 - Sell it all,,,, just like ol&#039; Made-off...... the banks really did the same thing.</p><p>.... my guess is that one of the smaller banks out there, with strong books, could have stepped in and purchased one of these bailed out companies stock at the huge discount they would have sold for.&nbsp;&nbsp; </p><p>Take all the money from the banks sale (buildings, computers, etc...), and refund it to the account holders.</p><p>Take all the money from the bank owner&#039;s asset liquidation and refund it to the account holders.</p><p>Take all the money from the banks corporate primary&#039;s assests liquidation and refund it to the account holders.</p><p>...... wouldn&#039;t that be nice ?&nbsp;&nbsp; just like 48hrs with Eddy Murphy,,, to see ol&#039; Winthorp and his brother held accountable for crooked business practices ?&nbsp; </p><p>Instead ol&#039; Winthorp&nbsp; and company just dial up a few senators and congressmen and fed buddies,,, and viola&nbsp; &gt;&gt; QE , which in essence is a tax on the people for Winthorp&#039;s excessive greed.&nbsp;&nbsp; What we&#039;ll have now are 10,000 Winthorp&#039;s out there as everyone knows the required elements for Free money and the preceident has been established for it&#039;s dispersement.... Which is why I say we&#039;ll see QE become a standard line item in the US budget....</p><p>&nbsp;</p><p>Now, back to your mortgage reference,,,,, The only logical line I can think of for my mort benefiting from QE may be the debasement of the dollar,,, meaning my hypothetical 100k mortgage will eventually be inflated to only 50k in today&#039;s dollars (that should happen naturally in 10-20 years anyway),,, so maybe QE will make it happen in 5-10 years..... I&#039;d be happy as a clam to see the value of my mort sink as fast as possible !!, but it only works if my income matches the same rate of inflation....... that would be nice to see I guess.&nbsp; Heck, I&#039;d kinda like to see hype-inflation and see my paycheck rise to 1,000,000 a week.... would love to go pay off my house with one paycheck !!!&nbsp; </p><p>.... now if that&#039;s the road we&#039;re on,,,, BRING IT ON ; )&nbsp;&nbsp; Let&#039;s pay off these houses folks !![/QUOTE]</p><p><br /></p>

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