Posted by Moderator on September 24th, 2008 |
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Robert L. Borosage
Posted September 23, 2008 | 02:21 PM (EST)
It’s gut check time.
The attempt by Treasury Secretary Paulson to put a gun to the head of Congress and terrify them into forking over a $700 billion blank check to the Bush administration in 48 hours has failed. Now what?
Most Americans would just as soon the […]
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Posted by Moderator on September 24th, 2008 |
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By James K. Galbraith & William K. Black
September 23, 2008
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Posted by Moderator on September 24th, 2008 |
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Congress Is Resisting the Bailout Plan Now, But Wall Street Will Do Anything to Get Its Way
By Nomi Prins,
After a day of debate, a few bumps in the road to passing Paulson’s $700 billion bailout package emerged. Paulson and Bernanke want a rush job. Democrats want more oversight and Main Street oriented provisions. Republicans […]
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