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    Let’s Bailout Paris Hilton Too

    Given the state of the Federal budget deficit, this just makes me sick (from Think Progress):

    Sen. Jon Kyl (R-AZ) and Sen. Blanche Lincoln (D-AR) have a $250 billion proposal to cut estate taxes for the children of multi-millionaires even more than George W. Bush already did, and it’s attracting a disturbing amount of support.

    Their $250 billion proposal would raise the [...]



    we can’t take anymore

    Ed Schultz said today that governors and state legislatures should do what they can to prop up the auto makers to give consumers an incentive to buy cars. He was suggested a tax credit for buying a car made in the U.S.

    In the first place, Ed, most states are looking at budget deficits right now – the last thing they need is [...]



    can someone please tell me why this wouldn’t work?

    (1) Figure out how much money is past-due on all those “bad” mortgages (it has to be less than $700 Billion) and LOAN that money to the banks to get them through this “crisis”;

    (2) Get the mortgage holders into mediation with their banks and get them to agree on a realistic value of the home at an interest rate/payment schedule that the [...]