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I haven't finalized the language, so bear with me.
We're told that the stock market lost 1.2 trillion dollars in value today. That's just in stocks; it doesn't even touch on all of the crappy securities in which all of the stupid CEOs have invested and on which they rely to float their books.
So, what if we legislatively reverse the losses of yesterday's trading with the understanding that the people who benefit from the reversal are required to to donate their reversal windfalls to the "bailout." You don't get nothin', you don't lose nothin'.
This will immediately achieve three things: (1) The market will be adjusted, (2) the taxpayers won't be hit for the bailout, and (3) confidence will be restored to the market.
It's so simple!
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