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alstry (35.03)

Alstrynomics comes to the rescue

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February 06, 2009 – Comments (5)

If Alstrynomics were going to take on this issue of protecting the banking system....it would primarily insure most of the bank debt out there....it might take on only the most toxic of the debt and create a relatively small "bad bank." 

Once you insure the debt, you should apply market to market accounting to bring back credibility to the banking system as there is zero credibility right now.

Once you have the banks stablized and credibility restored to the system...we can safely go into the mother of all depressions to purge the excesses and get this mess behind us sooner than later.

At the bottom, expect PositiveAlstry to raise his pretty head and start cheering when most of you will be crying.

See, it ain't that hard if you understand Alstrynomics....let's see if Mr. Geithner is an Alstrynomics practioner.

See ya all Monday.....we are approaching Happy Hour!!!!!!!!!!!!!!!!!!!!!

5 Comments – Post Your Own

#1) On February 06, 2009 at 4:51 PM, RonChapmanJr (97.20) wrote:

who cares about what alstrynomics would do? 

the most important question right now is, are you taking that bet with donnernv?

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#2) On February 06, 2009 at 4:57 PM, leo744 (< 20) wrote:

All you nay sayers that think Alstry is wrong should remember your history.......why did the roman empire fall......ans...greed and ignorance of the facts being presented to them.

Hey the "King has no cloths"   yips!!!! 

Me I'm keeping the blue side up and doing 50 feet at the speed of heat baby :o)  

 

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#3) On February 06, 2009 at 5:41 PM, dinodelaurentis (69.10) wrote:

go leo744!

donnernv's  offer is somewhat outside the channels isn't it?

on the other hand i've had many request to not do this or that on this site... and i don't listen.

i don't listen because i know from long experience that none of these people will come with me to the dojo and learn what i have a degree in.

they just talk $#!t.

and the Internet is $#!t squared.

we play games to learn what to do in real life.

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#4) On February 06, 2009 at 6:29 PM, jeffduby (20.57) wrote:

yeah happy hour!

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#5) On February 06, 2009 at 9:14 PM, nthought (< 20) wrote:

How about letting home prices go down without forcing people to sell their homes?  A simple, free, solution to the problem is to allow homeowners who can't pay mortgages to rent for 10 years from the banks.  This will reduce the inventory of houses on the market.  Banks would be more willing to renegotiate as well. 

 

We'd still have a severe recession, but, at least we would be able to see the light at the end of the tunnel.

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