Give me & the US Taxpayer a break (NOT them)!

Mr Paulson and Mr Bernanke stated we must commit US Taxpayer dollars for each of the previous "Once in a lifetime, extraordinary, critical rescues".
Bear Stearns $29B, Indy Mac (FDIC), Fannie Mae $100B, Freddie Mac $100B, Washington Mutual (FDIC), Wachovia (merged Wells Fargo), Lehman Brothers (allowed to file BK), Merrill Lynch ("encouraged" merger with BofA), AIG $85B + $37.5B (plus NY Ins Comm. ok'd dip into its Insurance reserves) PLUS Office of Financial Stability $700B

Today's date is Ocotber 10, 2008
According to Messers Paulson & Bernanke TODAY'S extraordinary, critical, must do is: "Equity stakes in banks, brokers, insurance companies"; when will it stop?

All of the above steps were direct aid to shareholders and bondholders and each necessitated further surgery. It's as if the Mr Paulson and Bernanke believe that the US economy was ONLY comprised of financial institutions which warranted commitment of US Taxpayer funds and which could not be allowed to fail, merge or fold; why not? What did they know and when did they know it?

DO WE NEED TO STATE the OBVIOUS?
Not all financial firms are in danger - in the past some chose (an action verb) despite investor and analyst pressures, to be prudent, forego profits from said risky behavior and should be allowed to seize new markets, business opportunities for their patient shareholders.

In the interim Part of the solution POTS

Requires NO immediate US Taxpayer funds:

The root aid that's required is to DIRECTLY enhance the UNDERLYING, temporarily impaired assets (NOT the securities, not bailout the institutions or investors of yore rather):

• Real estate


• Autos


• Tax incentives for FUTURE investment in OLD assets; greater tax incentives the longer the holding periods.


• As a jump start - NEW investments (as of a date in the near future for a 45, 60, 90 day period) qualify for tax free status; undoubtedly many are sitting on the sidelines waiting with CASH to invest for such an opportunity - at least it will stimulate a greater level of investment / risk capital activity.


• Further any investments in repairs, maintenance, landscape, or capital improvements, labor costs for same would qualify for favorable tax treatment. If same are GREEN friendly could qualify for even further tax incentives.


• Creates jobs, stimulates demand for the underlying assets and would be more Green friendly; what's wrong that solution? Its the American way! NOT BAILOUTS or EQUITY STAKES!