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Politics : View from the Center and Left
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To: Mary Cluney who wrote (105387)3/3/2009 6:12:29 PM
From: Cogito  Read Replies (1) of 542009
 
>>That was a proposal written September 23, 2008. Henry Paulson was Treasury Secretary and George W. Bush was President. They are both Republicans.<<

Mary -

A lot of sh*t hit the proverbial fan after that proposal was made. The people who wrote it had no idea of the depth of the developing financial crisis.

And you are correct that Bush and Paulson didn't exactly jump right on the proposal to try to implement it in any case.

- Allen
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