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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (425036)	10/12/2008 6:53:23 AM
From: steve harris	Read Replies (2) \| Respond to of 1578942

ted, tell me again how this bailout is going to help? These Goldman Sachs liberals are idiots. "Hey, I got another idea, here, hold my beer, watch this!" www2.arkansasonline.com U.S. rethinks bailout details Treasury chief now sees merit in cash going directly to banks WASHINGTON - As international leaders gathered Saturday to grapple with the global financial crisis, the Bush administration raced to overhaul its own strategy for rescuing the foundering financial system. Two weeks after persuading Congress to let it spend $700 billion to buy distressed mortgage-backed securities, the Bush administration has put its original idea on the back burner and is trying to come up with a new plan over the next several days. The new approach, which would have the government inject capital directly into the nation’s banks, is one that administration officials had publicly opposed until just a few days ago.