dzblonde

any updates on discount codes? I've tried a few and none work: movingsale, ilovechutingstar, skydiveradio and a few others I can't recall. Thanks!

I ask each of you to contact your Represenatives and ask them to “Just Say NO!” You can use http://congress.org to send this to all your Reps at once. This is what I wrote, feel free to use any or all of my words below: I oppose the proposed bailout plan because among my calls, all calls to congressional offices are ``running 50 percent `no,' and 50 percent `hell, no,''' Democrat Paul Kanjorski told CNBC today. ``Out of 100 calls, you are lucky if one of them is positive.'' There is massive stress in the credit markets because of mismanagement. We know where we are and how we got here. Now, we can and must fix it but, spending taxpayer money will not do so. The solution is simple and it will work. 1. Force all off-balance sheet "assets" back onto the balance sheet, and force the valuation models and identification of individual assets out of Level 3 and into 10Qs and 10Ks. 2. Force all OTC derivatives onto a regulated exchange similar to that used by listed options in the equity markets. This permanently defuses the derivatives time bomb. Give market participants 90 days; any that are not listed in 90 days are declared void; let the participants sue each other if they can't prove capital adequacy. 3. Force leverage by all institutions to no more than 12:1. The SEC intentionally dropped broker/dealer leverage limits in 2004; prior to that date 12:1 was the limit. Every firm that has failed had double or more the leverage of that former 12:1 limit. Enact this with a six month time limit and require 1/6th of the excess taken down monthly. Once 1-3 are put in place then send in the OTS and OCC examiners and look at every financial institution in the United States. All who are insolvent and unable to raise private capital immediately are forced through receivership where the debt is converted to equity and existing equity is wiped out. With the CDS monster caged the systemic risk is removed, the bondholders provide the cushion for recapitalization (as it should be) and the restructured firm emerges with no debt while the former bondholders are now the owners (of the equity) in the resulting firm. With a clean balance sheet the restructured firms remain in business and open the next morning able to raise and attract capital. For the few firms that have an insufficient debtholder capital cushion to successfully complete this process, they are liquidated instead. There will be few of these and in fact each of those firms is a regulatory failure, as we should have never permitted a firm to become so far "underwater" that the bondholder's capital is insufficient to capitalize a restructuring. Finally, drop the shorting restrictions. Liquidity in the market right now stinks and this is a big part of why. Start prosecuting aggressively the rumors and other manipulation that leads to stocks both rising and falling. This plan will work, it will stabilize the credit markets as balance sheets will be transparent, the CDS monster will be permanently de-fanged, leverage will be returned to reasonable levels and the forcibly restructured firms will have no debt on their balance sheets and be able to immediately access the capital markets. Best of all, it will require NO taxpayer dollars. God Bless America! (more info at www.FedUpUsa.org)