wallster

No Wonder the $700 Billion Bailout 'Deal' Failed

Terrible post. "Socialistic" best describes the bailout in general, where losses incurred by wealthy individuals will be shared with taxpayers. This is the bailout supported by Bush, McCain, and Paulson, as well as those you probably call socialists on a regular basis.

Would you advocate giving Paulson $700b and tell him to go nuts without any oversight? Sounds like you'd prefer that.

I agree that some of the housing preservation stuff is too vague, but