wrote in message
...
shirley - you jest.

well, yes, in part(and, don't call me Shirley!).
Still, I think you read a worst-case scenario into what is at best,
currently, a vague proposal. Also, I think you underestimate the need for
the TARP in the first place, or at least trivialize it. Hell, I thought that
the situation was allowed to go WAY past any sensibility, in terms of
lending, and personal responsibilities, but there was(IMO) a somewhat likely
scenario of sequential failures of large financial institutions that would
have ****ed things up for all of us. Hence, the need for a stabilizing
influx, which, as noted, seems to be coming back to us in pretty short
order. And, yes, I agree with a good part of your rant on personal
responsibility....and am in the camp with a very wary eye on credit card and
commercial real estate defaults. I do, however, try and take the position of
waiting to see a more precise proposal before wailing about the imminent
failure of said proposal........
Tom