The Paulson Plan's WTF Moment

Bad News For The Bailout
http://www.forbes.com/home/2008/09/23/bailout-paulson-congress-biz-beltway-cx_jz_bw_0923bailout.html

"It's not based on any particular data point," a Treasury spokeswoman told Forbes.com Tuesday. "We just wanted to choose a really large number."

Wow...

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Comment:

They say that this bailout ABSOLUTELY has to happen. And they say it ABSOLUTELY has to happen right now, this week. But when they get questioned over details it's pretty clear that they are pulling all of the supposed "facts" out of their collective asses. This administration has no credibility. And I think Paulson just wasted what credibility he may have had on this bold ruse that has apparently failed.

I am starting to believe that the American people are not only awake but also seriously pissed off! And that's a very good thing. Anger is an energy.

At the same time they are trying to pull off this massive con-job on the taxpayer, we need to step up in turn and start listing the terms of Wall Street's surrender.

More anon...