The Federal Government, with Wall Streeter Henry Paulson in charge, plans to quickly give $700,000,000,000 (seven hundred billion) with no strings attached to Wall Street firms and take their rotten Mortgage business of their hands in return.
It sounds like a very bad plan for us taxpayers. Congress must wait a while until they are desperate and then give them the $700 billion in return for OWNERSHIP in these firms. Then we taxpayers won't be sent to the poorhouse while the financial guys walk off with yet another $700 billion.
