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From:Sent: Thursday, April 02, 2009 6:15 PMTo: LLPCommentsSubject: SimplyAnonymously, please:WE MUST HAVE FULL DISCLOSURE AND REGULATION! Let's stop touching the pretty,glowing coils on the stovetop.And geithner & FDIC - enough with the nauseating acronyms. Just plainly callit theft, please. WE PUBLIC SCHOOL-EDUCATED PEOPLE ARE NOT AS STUPID AS YOUASSUME. And we are SO sick of the abuse.
 
 
From:
Chuck Davies [mailto:cdavies64@yahoo.com]
Sent:
Friday, April 03, 2009 1:03 PM
To:
LLPComments
Subject:
Legacy program
 This program to save zombie banks instead of the public is an outrage. The idea is thefton the grandest scale. The bankers are pigmen stealing our childrens future. Dont think were all dumb and don't know what's happening here. It's called gaming the system. Theywill buy each others assets at a price that they are not even close to worth and stick it tothe taxpayers.You are all traitors and need to be relieved of your duties..I look forward to the day whenthe revolution comes and all the bankers, govt. agencies, congress, ratings agencies, wallstreet, hedge funds and insurance companies are history..Your programs are full of lies and deceit. A well informed citizen.regards,Chuck Davies
 
 
From:
Christine Cooney [mailto:clcooney@gmail.com]
Sent:
Sunday, March 29, 2009 1:37 AM
To:
LLPComments
Subject:
Legacy Loans Program
 
To whom it may concern,
 
I am writing to inform you of my concerns for this latest program. While I am not employed by thefinancial sector, I am a taxpayer. As such, I am obliged to tell you how broke I am as you arecontinually reaching into my bank book to pay for these crazy bailouts. What, you didn't think Icould see through this latest PPIP?
 
Being broke, I cannot afford this.
 
Neither can the rest of the taxpayers. I'm not sure if you've seen the latest numbers, but thisgovernment is in debt up to its ears.
 
It therefore follows: you can't afford it. Do you get this? You are spending my money.
 
From your site:
 "To address this concern, the Treasury will join with private investors to purchase theseassets. This combination uses the expertise of the private sector and discipline from thefinancial markets to determine a market-based price for loans and other assets that havebeen hard to value."
It is not a market value when the government is putting up more than 80% of themoney. There will be no discipline from the financial markets when they are allowed to payfor their own bad "loans and other assets" with guaranteed money from the government.Rather, they will be inflating the price resulting in even more toxicity on the books.
 
Regards,
 
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