Paulson Emasculates His Own Bill: Bailing Out Foreign Banks
Henry Paulson has suggested that part of the genius of his plan to save the US financial system by purchasing toxic mortgage paper from banks and brokerages is that it ...Read Full Story »
Daily Archives: September 21, 2008
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Killing The Bailout: A Million Add-Ons To The Paulson Bill
Nearly everyone in Congress likes the Paulson plan to bail out American financial institutions by purchasing up to $700 billion of their troubled assets. Nearly every legislator wants to add ...Read Full Story »
Bail-Out Legislation: A Dictatorship For The Treasury Secretary
Most dictators get to wear general's uniforms, have multiple palaces, and several wives. Henry Paulson had better call his tailor. The Administration's proposal to buy up to $700 billion in ...Read Full Story »
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