I am damned glad and grateful he gave weapons to ANYONE fighting communists. I wish we had given them far far more!!!
It didn't result in the overthrow of that country's government, though-Hell, Daniel Ortega managed to get elected back into power.
Now, to get back into the subject of the bailout...Saw this that might indicate some action:
http://news.yahoo.com/s/ap/20080925/ap_on_bi_ge/financial_meltdownI don't see how they can make this work by trying to make Wall Street bail itself out, though...from the article:
Key lawmakers in Washington said at midday that few difficulties actually remained, although no details of their accord were immediately available.
"There really isn't much of a deadlock to break," said Rep. Barney Frank, D-Mass, chairman of the House Financial Services Committee.
But there were fresh signs of trouble in the House Republican Caucus. A group of GOP lawmakers circulated an alternative designed to attract private capital back into the credit markets with less government intrusion.
Under the proposal, the government would provide insurance to companies that agree to buy frozen assets, rather than purchase them directly as envisioned under the administration's plan. The firms would have to pay insurance premiums to the Treasury Department for the coverage.
"The taxpayers haven't done anything wrong," said Rep Eric Cantor, R-Va., adding that rather than require them to bear the cost of the bailout, the alternative "pretty much puts the burden on Wall Street over time."
Rep. John A. Boehner, R-Ohio, the minority leader, was huddling with McCain on the rescue. Earlier, asked whether the GOP presidential nominee could corral restive Republicans to support the plan, Boehner said, "Who knows?"
And Rep. Spencer Bachus of Alabama, the only House Republican in the bargaining meeting, did not directly say he agreed with the other lawmakers who emerged describing an imminent deal.
