Jubilee

This . . .
I am not in favor of this $700 billion bail out.
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That . . .
I admit that I don't really understand what all is involved, but $700 billion dollars is a lot of money and I hate the thought of the government being in charge of how to spend it.
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This is That . . .
Here is my idea.
Jubilee.
Just wipe the slate clean. All debt would be cancelled, every mortgage marked paid.
This would help all the lenders with "bad paper" because they wouldn't have to worry about collecting all that bad debt.
I would vote for the guy or gal who could get that one done.