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FULL DISCLOSURE: I do not own any WAMU stock. And, for obvious reasons, this is cross-posted at REDMASS.

Stimulus, my anatomy! The Democrats want to give away money, and raise taxes to pay for the giveaway. The Republicans want to reduce taxes on the corporations, and reduce payroll taxes for one year.

Both are truly STUPID ideas. That's STUPID, with a capital ASS, which both Democrats and Republicans have on backwards.

Herewith, after much consternation and consideration, I present the Chimpschump Five-Point Economic Moneysaving Plan (hereafter CHEMP-5):
1. The federal government will immediately buy all the mortgages that have failed, are failing, or are about to fail, because of crooked mortgage brokers (I typed this expression into Google, and got 49,000 hits - pick one!) who suckered stupid people into buying houses at unrealistically low variable interest rates, then sold, repackaged, diced, sliced and tie-dyed them, such that nobody could trace who did what to whom.