You Can’t Blame Pelosi…Totally
I’m doing something I haven’t done in a long time - respectfully, yet diametrically disagreeing with Neil.
In order to understand the failure, we should first look at where this plan originated - the Bush Administration. This was a brokered bill; nonetheless, the original framework for the bailout was crafted by the Administration, lead by Treasury Secretary Paulson. Like virtually anything that could had had a chance of passing the Untied States Congress, the final iteration of the bill was a compromise through and through. In order to get behind the bill, Dems got executive pay limits added for companies selling their mortgages to the government as well as the ability to have controlling shares of some companies, and the Administration …
Tags: Bush, Congress, Democrats, george bush, IRS, president, republican



