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I forget where I read this (Andrew Sullivan?). Someone predicted that now the Democrats will put out a new bill and it'll be voted through the house along party
by msg 18y ago
I forget where I read this (Andrew Sullivan?). Someone predicted that now the Democrats will put out a new bill and it'll be voted through the house along party lines. Bush could veto it in the middle of his financial armageddon, or sign something with real teeth in it...
It seems like just buying equity in the failing companies is a more direct way to deal with the problem than throwing money at the problem, in exchange for promises that Paulson will write up warrants that benefit the American taxpayer.