Wednesday, September 24, 2008
MAKES NO SENSE I keep seeing news reports about what provisions of the Wall Street bailout Hank Paulson has or has not agreed. But to be blunt about it: Who cares?
Does anyone honestly believe that if Congress comes up with a bailout plan--any bailout plan at all--clocking in at several hundred billion dollars, President Bush is going to veto it?
What Paulson thinks is (thankfully) irrelevant. Congress should figure out if passing a plan would be a good idea; if so, what plan would be best; and then Congress should pass that plan.
Looking at it any other way makes no sense.
