Great article on the corruptness Bush & Paulson started

[Carl]

http://www.thenation.com/doc/20090504/scheer?rel=hp_picks

[fallout2600]

This is EXACTLY why us freak fringe kook free market economist were against the bailouts!!!

[msmith198025]

Funny that you left the Obama part out:05:


Unfortunately, President Obama's administration continued that practice.

The only difference is that the amount of public money being put at risk is now far greater, and the hedge funds, which are totally unregulated, have been brought in as the central players. One of the largest of those hedge funds, D.E. Shaw, carried Obama's top economic adviser, Lawrence Summers, on its payroll to the tune of $5.2 million last year. He may have reason to trust these secretive enterprises that operate beyond the law, but the public does not.

[msmith198025]

Lets face it, this is a whole government problem. Not just one party

[fallout2600]

Lets face it, this is a whole government problem. Not just one party
:thumbup::thumbup:

[vurbano]

but only one party now wants to escalate the bailouts to unprecedented record proportions. Blame Bush all you want for the past bailout but for gods sake stop this madness from growing to epic proportions.

[Bear Paws]

Funny that you left the Obama part out:05: Well its the "Nation" after all. http://www.nysun.com/national/bush-mccain-obama-huddle-on-bailout-deal/86620/

The day's earlier apparent breakthrough, announced with fanfare at midday, was followed by a White House summit bringing together President Bush, Senators McCain and Obama, and top congressional leaders. But that meeting, aimed at showing unity in resolving a national financial crisis, broke up with conflicts in plain view

http://www.nysun.com/pics/8531.jpg