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Sunday, September 28, 2008

This Just In: Bailout, Bailout ... read all about it!

[DISCUSSION DRAFT]

SEPTEMBER 28, 2008

110TH CONGRESS
2D SESSION H. R. __________


To provide authority for the Federal Government to purchase certain types
of troubled assets for the purposes of providing stability to and preventing
disruption in the economy and financial system and protecting
taxpayers, and for other purposes.

(full draft)

The link above is courtesy of The Washington Post, which also provided this tid bit of information:

Treasury Confirms Paulson Woozy Spell

At the final, critical meeting in negotiations on the $700 billion Wall Street bailout -- the last round of talks began at 10:40 p.m. Saturday and ended around 12:25 a.m. this morning - Treasury Secretary Hank Paulson was so short of breath that lawmakers called the Capitol physician because they were so concerned.

Paulson, 62, a former Dartmouth offensive tackle, told lawmakers he was fine and waved off the doctor, despite working around the clock for several days.

But as Paulson and Sen. Chuck Schumer (D-N.Y.) later walked to the microphones to address the media, they were locked arm in arm. Treasury confirmed moments ago that Schumer was steadying Paulson, helping him walk.
The question is, was Paulson drunk with power ... or does it take every bit of energy he has to screw the American public?

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