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No. of Recommendations: 2
I'm not for "the" bailout. I'm for a solution to the problem tout de suite. Sounds like the FDIC changes could fix some of it. Sounds like the changing of the reserve requirements (as JP Morgan did in 1907) will work/help. I could care less what fixes it. I could care less how they fix it. The problem is it needs done now. Why?

You have noticed banks failing? No? Each one that fails causes others to fail as they have daisy chained their assets. It is most likely a geometric progression and is near critical mass. Time to split the banking atom and make a big boom.

Adding to the problem is that this is a global problem. -- Banks failing here cause banks to fail there. Banks failing there will cause more banks to fail here.

Adding to the failures is massive runs on these banks as people try to get out their assets ahead to the big ba-da-boom. This causes more banks to fail.

Time to fix it or die.
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