Let's swap treasury issues from social security trust fund for preferred and convertible stock in failing institutions securitized by mortage backed securities with direct interest in real property. And use Citi; Chase; and BOA to manage orderly process of consolidating the 117 Fed Reserve "watchlist" banks to streamline management.
At least this time WE THE PEOPLE could recieve some benefit from r(41)(b) theory of comparative valuation economic meltdown instead of just giving it to the banks though taxpayer bailout.
Should we soften demand by deporting 12 million tenants?
SEC. 2. PURPOSES.
The purposes of this Act are-
(1) to immediately provide authority and faciliies ties that the Secretary of the Treasury can use to restore liquidity and stability to the financial system of the United States; and
(2) to ensure that such authority and such facilities are used in a manner that-
(A) protects home values, college funds, retirement accounts, and life savings;
(B) preserves homeownership and promotes jobs and economic growth;
(C) maximizes overall returns to the tax payers of the United States; and
(D) provides public accountability for the exercise of such authority.