Printing who knows how many Trillions of dollars is the absoulute worst thing you could do to the economy and this country. The dollar will sink like an anchor, gasoline will shoot up past $5 a gallon, and we will have a prolonged recession similar to Japan (10 years).
I can't believe Paulson thinks printing more money and destroying it's value in the process is going to stabilize this country. It's more like he is only thinking about his self interests in this matter and selling capiutalism down the river to communism/socialism and making slaves out of generations to come to the tax man.
There are numerous better ideas available and they all require the capitalist spirit.
#1 we have to start cutting government spending and start laying off government employees left and right!
#2 Let the rich recapitalize the system with incentives to borrow, maybe a combination of lowering capital gains and accelerating depreciation on capital expenditures for new machinery and production systems.
#3 And the most important, trash cap and trade, eliminate enviro-whacko lawsuits and Just Drill Baby!
Are these morons really this stupid? Allowing more domestic energy production is the Real answer to the problem, Exoon Mobil pays $4 in taxes for every $1 in profits. How stupid do you have to be to not see that ramping up enery production of all kinds is not one the best things the government could do right now?
Al Gore can go pound solar panels in the dark, it's thinking like his that are going to bankrupt this country.
This crisis should be used to allow US business to modernize, yea, maybe even subsidize them in the process.