you better find a new news source, it is the democrats that want to throw money at the problem (what else is new?), it's the republicans that said, no way, come up with a better deal.
Seriously, john9001, how do you say that straight up? How can you?
Paulsen is former Goldman Sachs, a revolving door he's going to head back to once he raids the US Treasury. Bernake is a Bush appointment. Bush went on TV, and said "pass this plan as it is written, or there will be a recession". What he implied was depression.
What we have here is an issue that needs to transcend party politics. Some Dems are falling in line, some GOP are defecting from Bush and saying hold up.
Support for the plan, and what form the plan takes - is not forming along party lines. But the proposal comes from a Republican executive branch. The democratically held House and Senate did not propose this plan.
The Secretary of the Treasury sits on the President's cabinet. He is a member of the NSC.
I should also point out that the Federal Reserve is neither Federal or a reserve. The Federal reserve is as private as Federal Express is.
If you want to draw a line on this fight - it is the legislative vs. the executive branch of government, with the money masters on Bush's side. But the executive branch is Republican held.
I should put the GOP attacks aside now. Because BushCo is no longer a Republican or a conservative. There is nothing in that man that Barry Goldwater or Ronald Reagan would recognize. He's a profiteering thief.
It would make me very happy to have the OC wake up and agree with that. But I know many of them can't bring themselves to it.