One immediate solution, and it is one that I think most people who think they know me would be shocked to hear me say, is for the Federal Government to seize the entire U.S. banking industry so that the it can begin to investigate and rectify the reckless behavior that has been allowed to occur due to the “good faith” of the Federal Infrastructure. After everything is sorted out the Federal Government could then sale off the institutions thus re-privatizing them. My only request would be that they are not allowed to be sold to foreign interests. Such a large foreign buy out would constitute a threat to national security.

Knowing that that solution is a highly improbable one at the moment here are a couple of possible solutions to calm revive the economy.

I think that once the U.S. Federal Government takes possesion of these crippled mortgages by way of the buy out they should convert them into fifty-year mortgages with a graduated interest rate. The rate should rise every five or ten years by a point. This would create a clear road-map for the taxpayer as well as the borrower. It would also slow the collapse to a manageable speed while at the same time allowing for the costs to balance against the worth. What is required at this moment is to slow down the loss of wealth. That is to say let price inflation find parity with liquid inflation. Had the nation been able to come to terms with this problem earlier the solution would have been a controlled and gradual de-inflation of the dollar possibly through the credit lines. Having foregone any real attempt to circumvent the current problem has put us on a narrow path. To continue to allow the credit markets to seize up and begin sliding in reverse is dangerous and puts us all upon the precipice of a financial disaster that is more akin to a “nation killer” than a “soup line maker”.  If it is allowed to continue do not be surprised to wake up one day soon and see that the airlines have all stopped service because they can’t get a “credit line” for the day to purchase fuel. Don’t be surprised when trucking halts and nothing is delivered to the stores because the trucking companies couldn’t get a “credit line” to purchase fuel as well. And please do not cry when you go into work one day and they tell everyone to collect their belongings and go home because they couldn’t get a “credit line” for payroll. Remember that you didn’t want a “bail out” for those “fat cats” on Wall Street. Right now the U.S. is a boat and practically everyone on that boat is pointing fingers at the crew and yelling “Don’t fix their boat!”. The people are so blind with ignorance or stupidity or some form of mental retardation that they can’t even see that they are in the same boat as the people they are wanting to see drown.

We must though, take these emotions into account. The emotions are, in all honestly, warranted. I believe to re-establish the faith of the people in the system, the executives and board members of these failing financial institutions should be charged with engaging in reckless and deceptive financial behavior and heavily fined. If it can be proven that they knowingly engaged in these practices then they should serve prison terms. These penalties are fair because these men and women were entrusted with the “good faith” of the people to manage the economic foundations of our community. These men and women were sold to the public as educated watchmen but have turned out to be charlatans and incompetent baboon’s asses. As much blame that lies at the feet of the greedy, covetous imbecile that borrowed more credit than they in their infinite wasteland of comprehension could ever understand they could never afford, more lies upon the shoulders of those who continued to allow the borrowing, whether through the same greedy, covetous, imbecilic logic or not.

Whatever the solution ultimately is, I hope pray that it is effective and that you and yours, as well as everyone else, makes it out of all of this ok if not just a little wiser.