Repubs plan calls for financial companies to buy insurance from the government?

[kitkat65]

I don't the specifics.

It was just on my local station and I can't find any story on it using the Google.

[gopbuster]

1. Bonehead Boehner brought it up at the WH meeting

Paulson said it won't work
Obama asked for more details
Bonehead didn't have any

[DJ13]

2. House GOP Working Group Unveils Alternative Rescue Plan

http://www.nasdaq.com/aspxcontent/NewsStory.aspx?cpath=20080925%5cACQDJON200809251548DOWJONESDJONLINE000869.htm&&mypage=newsheadlines&title=House%20GOP%20Working%20Group%20Unveils%20Alternative%20Rescue%20Plan

[John Q. Citizen]

3. Is this like single payer mortgage derivative insurance? For businesses? I see.

[EC]

4. And the banks get the money to buy the insurance where?

From the government in loans of course, so how is this different from borrowing money from the government in the Paulson plan? Oh, I know, the accountablity...




On Edit: Paul Ryan is a little dipshit, that looks like a vampire with that widows-peak hairline...