To pay for the bailout. Along with charging the criminals with the crimes they committed. http://www.votenader.org/index.html Michael Moore also has a similar plan: http://www.michaelmoore.com/words/message/index.php?id=237 Here's the actual bailout bill: http://freespeech.vo.llnwd.net/o25/pub/misc/bankerbill.pdf As far as foreign banks go, they can only sell US assets http://www.iht.com/articles/2008/09/22/business/22global.php