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To: penelopesire
Bernanke and Paulson (not the Dems on Capitol Hill) have already said that the bailout plan would not necessarily exclude:

mortgage backed securities held by Chinese foreign banks

securities backed by student loans

securities backed by credit card debt.

It may have been just an oversight, but no one has yet asked whether the Treasury would be buying securities backed by torn-up Lotto tickets.

26 posted on 09/24/2008 7:35:33 AM PDT by Notary Sojac (America's never won a "war" unless the enemy was named using a proper noun.)
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To: Notary Sojac

According to reports, it was the dems that pushed for those things to be included. They were not included in the original draft from what I understand.


30 posted on 09/24/2008 7:40:58 AM PDT by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
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