Paulson to leave rest of 700 billion bailout for Obama administration
source: http://rawstory.com/news/afp/Paulson_unlikely_to_tap_rest_of_bai_11172008.html
-
-
- bansheewail
- added this
http://rawstory.com/news/afp/Paulson_unlikely_to_tap_rest_of_bai_1117...
US Treasury Secretary Henry Paulson said in an interview Monday he would likely leave the remainder of a 700 billion dollar finance sector bailout fund for the incoming administration of president-elect Barack Obama.The Wall Street Journal quoted Paulson as saying he would probably not tap the remaining 410 billion dollars of the rescue fund to launch any substantial new programs.
" Looks to me like he want to share the wealth and the blame with Obama. If he is just going to sit on that mountain of cash now, why the hasty rush to push the bailout package through Congress??"
-
- groups:
- Community, News and Politics, Politics, Money
-
- tags:
- News, Politics, News and Politics, US, 6 more
-
-
onechance
-
Good idea. Keep Bu$hCo's creepy corporate bloody paws off of it.
- 4 years ago
-
onechance
-
-
pokesmot
-
Good thing he is on our side.
- 4 years ago
-
pokesmot
-
-
bluestranger
-
Anyone ever seen the movie Brewsters Millions? How is it possible to spend this kind of money? Does this look as if there's a snowbal's chance that any of this is apt to trickle to us,or on us?
- 4 years ago
-
bluestranger
-
-
jubal
-
He already spent 290 Billion. I would really like to have what that was spent on spelled out clearly in a list.
- 4 years ago
-
jubal
