MY BAILOUT PLAN
STOP! THINK, LISTEN TO THE PUBLIC Here are my thoughts that I am sending to my Maine representatives. Their should be no rush when a full public airing has not been done for the huge structural changes to the financial, fiscal, monetary and executive brnach of government that does NOT support the balance of powers amongst the three branches of government in accordance with our Contsitution. A Two phase Plan: One for action now and one for a thoughtful public airing of a long term solutions ending in a voter referendum required to enter the bill into law. Paulsen plan is throwing out too much structure, further concentrating extraordinary power in the executive branch, and perpetuating the “power without consequences” that got us to this point of collapse. Key Elements: Not this: • Treasury printing new treasury bonds to pay for $ 700 billion plus money to buy junk collateralized securities that do not have an market value. Why: because this borrowing will push every private enterpr...