This will not go under a cut. Read it.

[interactiveleaf]

From RollCall, today:

White House Dispatches Team to Push Economic BillThe White House today is drumming up extraordinary pressure on Congress to approve its plan to enact a $700 billion mortgage bailout fund, suggesting the markets cannot wait much longer and dispatching Vice President Cheney and other top officials up Pennsylvania Avenue to

Comments

[m_danson]

Thought of you.

http://syndicated.livejournal.com/slacktivist/422905.html

[interactiveleaf]

Thank you. Fred often says things so much better than I. He's on my RSS feed, which I haven't had time to look at in forever, so I hadn't seen it. Thankee very much for this pointer.

I am so afraid.

[nemo_wistar]

I am stealing this and posting for slightly broader readership ... I'll hat tip of course.

As for the content ... I cannot believe that the White House is trying to bully through something of such magnitude without letting Congress read through the fine print. If we aren't careful, we'll end up in a far worse situation, especially with the wording in the bill that prohibits any and all oversight.

[interactiveleaf]

I am stealing this and posting for slightly broader readership

Good. Thank you.

[willful_zephyr]

I saw a headline - the Bailout bill is the financial version of the Patriot Act.

[jabber]

Obviously this has to be approved by Congress without really reading it. After all, Lehman Brothers tried to buy YELLOW CAKE URANIUM from Fannie Mae, and if you don't agree with this bailout, the Hedge Fund Managers will have WON!

[nemo_wistar]

Alternatively, this administration purposefully helped create the crisis specifically to allow itself greater powers ... but that's just crazy talk.

[interactiveleaf]

It's looting, pure and simple. It's last minute looting on a scale never seen before.