17 November 2008
Paulson Won't Ask For the Second $350B
There is only 10 weeks left in the (mis)rule of Bush and Paulson and their Evil Minions™, and now they are saying that they do not want the 2nd half of the bailout package.
So Obama, and whoever is his SecTreas will get to make the decision on that chunk of change.
I can't figure this one out. They are passing up an opportunity to reward friends, and to fiscally constrain the incoming administration.
My guess is that given the incompetence, opacity, and general corruption of Paulson, he realizes that the Congress will attach strings to the second half that will get his ass thrown in jail over what he did with the first $350 billion.
So Obama, and whoever is his SecTreas will get to make the decision on that chunk of change.
I can't figure this one out. They are passing up an opportunity to reward friends, and to fiscally constrain the incoming administration.
My guess is that given the incompetence, opacity, and general corruption of Paulson, he realizes that the Congress will attach strings to the second half that will get his ass thrown in jail over what he did with the first $350 billion.
Labels:
Budget
,
Corruption
,
Finance
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