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Why would anyone hesitate to give the Bush administration more cash…?

The proposal “does not include the necessary safeguards,” said House Speaker Nancy Pelosi, D-Calif. She called for “independent oversight, protections for homeowners and constraints on excessive executive compensation.”

Paulson urges quick action on $700 billion bailout.

This might be a “Good Thing” and since it’s election time, it will pass without any examination.  But geez, is it too much to ask that the government setup some sort of monitoring?

Categories: Just Stupid Politics

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Jan Dembowski

2 replies

  1. They will.  It’s all an act: the Bush administration will frame it as a full blown emergency and will make it look like Dodd and the rest “Hate America(tm)”.

    It’s an election year so excuses are the only thing left.