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What's the rush?
The biggest financial rescue in the history of this country, and we're told get it done now or it could be the end of this country?
Please.
Please tell me why waiting a while to read this, understand this, make sense of the enormity of this..is a bad thing?
I mean didn't we get into this pickle "not" reading mortgage documents, not examining the details, not doing all the prudent thing prudent buyers should be doing?
We're supposed to do that on a loan and a lot of us did not.
And now, we as taxpayers are signing on to this huge loan, and a lot of our politicians tell us we should not?
Treasury secretary Hank Paulson himself says times-a-wastin'...sign the damn thing.
Not quite...but he had little patience for those who wanted to read a little more.
Why, Hank?
Playing fast and loose on details got us here? Why compound things here?
Believe me, Secretary, I share your concern that the more time that goes by, the more trinkets and goodies will be added onto this thing.
That's a risk with waiting. It shouldn't be an excuse for not waiting.
We should police making a Christmas tree out of this.
But we should police even more not making a mockery of this too.
This rescue deserves all our input, since it's being paid for with all our dollars.
At least 700 billion of our dollars...that's a lot of dollars.
That should raise a lot of questions, and comments.
Neither should be the death of our capitalist system, secretary...you seem to have taken that out quite nicely with what amounts to nationalizing so many capitalist institutions.
And if our system is so fragile it can't stand a few days of scrutiny, then maybe it's in worse shape than we thought.
For all I know, secretary, you've got a great proposal...just like so many lenders assured home buyers they had great mortgages.
A lot of them didn't. And the funny thing is neither borrower nor lender knew that.
They mortgaged away their future.
Nationally, I'd hate to see us now doing the same...all over again.
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