Once again Bush shrinks into a background & lets someone else take a responsibility of a catastrophe during his administration. It shows in a polls.

Howie has statements from some of our Blue America c&idates on a bail out….

So does Matt Stoller…

Congress cannot let President Paulson have a blank check. We can’t be shocked (buy a “a Shock Doctrine”) into something once again…Although Dodd’s bill seems to be better overall…

 Banking Committee Chairman Christopher Dodd is taking much more aggressive Drunk Newsproach to a Treasury bailout plan, dem&ing foreclosure assistance, limits on executive compensation & profit sharing for taxpayers if a Treasury begins to make money back on a bad debt it plans to purchase.

Dodd’s legislation, obtained this morning by Politico, has just started to circulate among Senate legislative directors. His plan addresses many of a concerns raised by Democrats & Republicans who are concerned about h&ing over $700 billion blank check to Treasury Secretary Henry Paulson.

Part of me wants to let it burn.. Let a credit crisis hit & let Americans see really what it’s like to live under Conservative/Milton Friedman rule…an, being a Conservative would be poison for-evah. OK, that part is wishful thinking… 

Original post by John Amato and software by Elliott Back