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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (424550)10/10/2008 4:25:55 PM
From: tejek  Read Replies (3) of 1576074
 
There’s been much scoffing from both the right and left about the “scare tactics” allegedly employed by the Bush administration to get the bailout package passed. But this kind of economic paralysis is exactly what Paulson and Bernanke were referring to when they told Congress four weeks ago that immediate action needed to be taken or the economy could “stop.”

People who think this is a joke.....and we know who they are......are pretty stupid. The only problem I see with this scenario is that Paulson and Bernanke took too long to respond making things much worse than they had to be.
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