A modest proposal.

[randomness]

If we're going to collectively own all these mortgages we're bailing out, I propose we start a collective crash space program with all those properties.

I'm not even asking the current owner/tenants to provide a bed, although I suppose we could make that a condition of aid. I can sleep in a sleeping bag as long as the roof is intact.

It really would rock to have possible crash space anywhere in the United States. And think of the effect on labor mobility!

Comments

[marginaleye.livejournal.com]

How about a "financial death penalty" for all of the corporate officers of a company that needs a bailout?

Forbidden to possess anything but cash or a simple bank account ever again. No stocks. Nothing that can be traded on an exchange or in a market of any kind. No real estate, apart from a personal home. They can be salaried employees, but that's it.

Oh, and a big red "bailout case" tattooed across the back of the signature-signing hand.