President Paulson didn't ask for oversight on our 700 billion dollar bail out of Wall Street because it would have presumptuous of him, but asking f
September 22, 2008

President Paulson didn't ask for oversight on our 700 billion dollar bail out of Wall Street because it would have presumptuous of him, but asking for the money in like a day with virtually no debate is supposed to be normal?

Paulsen: We gave you a simple, three-page legislative outline and I thought it would have been presumptuous for us on that outline to come up with an oversight mechanism. That's the role of Congress, that's something we're going to work on together. So if any of you felt that I didn't believe that we needed oversight: I believe we need oversight. We need oversight.

Sure, we believe you.

Duncan asks:

This week, the Bush administration is attempting to steal $700 billion and give it to Wall Street. Will they succeed?

Can you help us out?

For nearly 20 years we have been exposing Washington lies and untangling media deceit, but now Facebook is drowning us in an ocean of right wing lies. Please give a one-time or recurring donation, or buy a year's subscription for an ad-free experience. Thank you.

Discussion

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service for information on our posting policy.
Mastodon