Mikulski on Paulson's Cash for Trash

Promising text from an e-mail I received from Sen. Mikulski's office this afternoon: "Congress must act promptly to restore confidence and stability in the economy. But I will not be stampeded into voting for the Bush Administration bill. During the last seven years, every time there's a crisis, they generate fear and they generate bad ideas. This three-page bill gives the Secretary of the Treasury unlimited power to intervene in our financial markets without any review by Congress, agencies, or courts. It cannot be rubber stamped by the Congress."

$700G Bailout

Secretary Hank Paulson's Cash for Trash Scheme.

1. From Tom Schaller, political science professor at UMBC, a Baltimore Sun editorial on liberal vs. conservative takes on government assistance, socialism, etc.
2. Lauren Weinstein's take on the mess.
3. From the Daily Kos: The Biggest Heist in World History