I was browsing through the full text of the bailout plan and this part caught my eye: For the purpose of the authorities granted in this Act, and for the costs of administering those authorities, the Secretary may use the proceeds of the sale of any securities issued under chapter 31 of title 31, United States Code, […]
Tag: Paulson
McCain Accepts His Intellectual Deficiency, Puts Off Debate
Finally! I think the media is being too hard on McCain for chickening out of his upcoming debate. Clearly, a man who – as Lehman Bros employees packed their personal belongings into archive boxes – recently proclaimed the “fundamentals of the economy are strong”, urgently needs to get caught up on a few decades worth of […]