“Until they show us the plan, we cannot show them the money”
Automakers-need a “plan” for a line of credit.
Banks—no plan, $350 billion in bailouts, gifts and graft related to mystical financial instruments.
The instruments aren’t too much of a mystery.
Heck, as I said, all Paulson has to do is turn over 25 bill of the 350 he’s saving for Obama.
Talk about NO LEGAL CONTROLLING AUTHORITY, Paulson has it in spades, he doesn’t have to disclose or justify anything.
But, Paulson will save the bankers, but not working class joes. Bush of course, is just a witless, hapless bystander with no control over anything.
Fine, let the Chinese build the Corvette and the Koreans, the Mustang.
Surreal.
Voters know the Bank/No-Plan bailout was a debacle.
The fact that we screwed up once is not a reason to keep doing it forever. Everybody can see the bailout line starting to form. Automakers, then who? It will be an endless stream.
I think congress is hearing that voters don’t expect it to go on forever. It looks like the automakers got in line right after the door closed.