| The president has spoken. Ben Bernanke has | | | | benefit from the proposed bailout. They spoke on |
| been before Congress. Christopher Cox has let | | | | condition of anonymity because Paulson's decision |
| the SEC run wild. Paulson doesn't want to be the | | | | had not been formally announced. |
| man at Treasury when all hell breaks loose. Does | | | | Limit the pay packages? Limit you say? Cut |
| anyone really know what's going on? No way. | | | | their pay! |
| What everyone wants is for the immediate | | | | Former General Electric Co. Chairman and Chief |
| problem to go away and for those that make | | | | Executive Officer Jack Welch said the U.S. |
| millions a year to keep on making them and | | | | economy faces a deep downturn in coming |
| throwing the debt to our children. | | | | quarters, and he supports a proposed $700 billion |
| Can you gather I think the BAILOUT is a | | | | government rescue package for the financial |
| COPOUT? | | | | sector. "I now believe we are in for one hell of a |
| Republican presidential candidate Sen. John McCain | | | | deep downturn," Welch told the World Business |
| announced Wednesday that he is suspending his | | | | Forum in New York on Wednesday, adding that |
| campaign to return to Washington and focus on | | | | the first quarter of 2009 will likely be "brutal." |
| the "historic" crisis facing the U.S. economy. News | | | | We've been living in a house of cards and building |
| flash! We don't need yet another COngressman | | | | one of straw. We can't keep pretending all is well |
| on the hill, especailly one looking for a major | | | | and that all we need to do is add a trillion more |
| photo-op! The 533 ones that are there now can | | | | fiat dollars to our economy so we can PAR-TEE |
| do just fine with McCain or Obama. | | | | for a little while longer. Bush will probably get |
| Republican officials said that Paulson had bowed to | | | | something because everyone is predicting dire |
| demands from critics in both parties to limit the | | | | circumstances. |
| pay packages of executives whose companies | | | | |