Looks like Dodd's counter-proposal to the Paulson bailout seems to have some smart additions in terms of oversight, getting equity in return for buying the bad loans, and the politically popular but largely meaningless idea of limiting executive compensation.
http://news.yahoo.com/s/nm/20080922/ts_nm/financial_bailout_congress_dc
Let's now wait to hear the Bushies howl about how Democrats are delaying and putting the future of the world at risk. How come we can't just talk about this for 4 hours or so, what the hell is the rush to spend $700 billion when Bush and others have been saying for months that things were under control!
Stupid idiots, trying to play brinkmanship politics with this, just like they did with Iraq. Look out for the mushroom cloud on Wall Street if the Democrats don't do exactly what we say!
Are Democrats going to be that stupid twice? I'm afraid I know the answer.
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