Straight from the horse's mouth: Paulson on 60 minutes.

[riverdeep]

http://www.cbsnews.com/video/watch/?id=4484039n

This is the interview of Paulson on yesterday's 60 minutes, it's a good one. When asked 'what if this doesn't work?', he sounds like a coach trying to give confidence to a sports team he knows is going to lose by twenty points. 'It's going to work, we're going to make this work.'

Oh, btw, he himself is worth $500 million.

[madokie]

1. Trouble is I'm not sure of what it is they want this to work for

Methinks its to saddle us with so much debt that the government can't keep up with SS, Medicare/Medicade etc.

fucking crooks need hanging

[GinaMaria]

2. Take Action: from Democrates.Com Email

Monday: Call to Stop Paulson's Plunder


(1) Call your Representatives and Senators at 800-473-6711 or 202-224-3121 and say No Bailout!

(2) Email them too and tell your friends:
http://democrats.com/stop-paulsons-plunder

After a week of high-drama negotiations, Congress and Hank Paulson issued Bailout version 1.1, which is just the original Paulson pig with a lot of lipstick.

Republicans say the deal will be profitable for taxpayers, but they are lying - just as they did about the invasion of Iraq producing lower gas prices. It's a lie because Paulson has full power to pay too much for the securities and he will because his real goal is a bailout of bank executives and shareholders with our money - a massive ($2,333 per person!) transfer of wealth from the poor and middle class to the rich.

Democrats say they got oversight, accountability, and limits on executive compensation but each of these provisions is so full of Republican-written loopholes that they are meaningless - just like all other restrictions imposed on the Bush Administration, from Iraq to wiretapping. And that's before Bush simply negates any restrictions he doesn't like with one of his unconstitutional (and hence impeachable) signing statements.

So our answer remains ABSOLUTELY NOT.

The House will vote on Monday and the Senate will vote on Wednesday.


So call your Senators and Representative right now to say "No $700 Billion Bailout for Wall Street" - dial the Capitol switchboard at 800-473-6711 or 202-224-3121 or dial direct using the instant phone lookup on the right side of http://usalone.com


And if you have not e mailed your Senators and Representative , please do it now:
http://www.democrats.com/stop-paulsons-plunder


Find more information and comment here:
http://www.democrats.com/still-no-bailout

Thanks for all you do!