Sorry to belabor the obvious, but doesn’t this kind of skip over the whole Constitution and legislative process? Oh that’s right, I forgot, we are using the Constitution as toilet paper these days in Washington.
The House and Senate voted for $750 billion of play money for Paulson to dole out. Bush is directing how to dole it out. The whole insanity of opening the checkbook like that should have been stopped before it was passed. Besides, it was really a bait and switch. The real amount is more like $8 trillion.