No you are right. Paulson is just flat out lying TO EVERYONE. /sarc
Let's just give him $700,000,000,000.00 to spend however he sees fit. No strings attached. Let's exempt him from existing contracting laws. Let's remove all administrative reviews from him. Let's bar the the courts from considering any action he decides to take.
Ad hoc government without the rule of law.
And the socialists predictably cheer...