Just trust us, our track record is good

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?

2 Replies to “Just trust us, our track record is good”

  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.

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