The Data Center Journal - Where IT, Facilities and Design Meet - Re:42U Rack Power Estimation - Data Center Journal Forum
(tags: datacenter)
Home Page of Dr. Ravi Batra - What should we do? The current problem is not with banks and financial institutions, but in the housing market. So the remedy should be applied there and nowhere else. There should be a partial bailout of harried homeowners who cannot pay their mortgages. They should be penalized somewhat for their reckless borrowing but still rescued for the sake of the economy. If homeowners are able to make timely payments for their home loans, the banks will be paid and their loans will be secure. The banks will have a healthy balance sheet and will not need any rescue. The housing-market will also stabilize. If some banks still fail, then the FDIC will come to their rescue. The total cost of the home-owner bailout will be less than $500 billion, a fraction of what the government has promised to spend on its multifaceted bailoutsââ¬âBear Stearns, Freddie Mac, Fannie May, AIG and now the entire financial sector. more...
(tags: crisis financial)
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