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About This Page: This is a discussion on Politics within the LetsGoKings.com forums, at Los Angeles Kings Hockey Fan Forum.
There is a growing protest against the $700 billion bailout that the Bush administration and the Fed are engineering. The Republicans are saying to the Congress (in the usual Bush

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Old September 22nd, 2008, 08:46 AM   #1
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There is a growing protest against the $700 billion bailout that the Bush administration and the Fed are engineering. The Republicans are saying to the Congress (in the usual Bush fashion) give all the power over the program to the executive branch (Treasury department) and don't attach any Congressional oversight conditions or guarantees for the taxpayers.

Here's a good set of ideas from Robert Reich that would impose the necessary policing on Wall Street banks--who the Treasury currently plans to PAY to administer the program that is supposed to clean up the mess those same banks made in the first place!! Can you imagine the conflicts of interest that that little giveaway/payoff entails??

TPMCafe | Talking Points Memo | What Wall Street Should Do To Get Its Blank Check
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Old September 22nd, 2008, 03:06 PM   #2
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Paul Krugman also tells the Congress not to buy a pig in a poke (with lipstick on it).

http://www.nytimes.com/2008/09/22/op...gewanted=print

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Old September 22nd, 2008, 03:14 PM   #3
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Robert Kuttner also explains why Treasury Sec. Paulson's demand for a "clean bill" is a dirty trick that needs to be amended to be more careful about taxpayer money and fair to taxpayers who aren't part of the financial scammer community.

Robert Kuttner: Calling Paulson's Bluff
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Old September 22nd, 2008, 03:18 PM   #4
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house of cards. can we have a tsunami sweep out everyone in government at this point?
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