How would you limit our exposure from Paulson’s decisions? Neither of use were able to cast a ballot in his appointment and I doubt the senate considered giving a single individual this much power during his confirmation hearing.
If we had a Republican-controlled Congress, I would be very much in favor of stronger Congressional control of how the bailout is carried out.
But as between the Bush Administration and the Reid/Pelosi Congress, give me the Bush Administration.
I would rather hope for a competent performance by the Treasury Department than rely on the known incompetence of the political crooks and grifters that make up the Congressional Democrats and are at the root of the mess we are in.
If Obama is elected and we have a Democrat Congress, then we are simply completely screwed.