I've become a skeptic. We've heard so many lies from the Bush administration, I think I need more information about the Bush plan to bailout Wall Street. Here are a few reminders:
* Bush + Co. said there were WMDs in Iraq.
* The Bush administration said they were not using torture on detainees.
* George W. Bush promised, if he were elected in 2000, that he would bring dignity and honesty back into the White House.
* They (the administration) told us that we'd be greeted as liberators.
* They said the war would not last long.
* They said the economy was fine.
* They've refused to protect the environment, and our food.
* They said they'd punish the person who leaked the name of an undercover CIA agent.
* They've tried to hide the deaths and injuries of our men and women in the military by not allowing pictures of the returning flag-draped coffins or pictures of funerals.
ETC.
The Bush administration wants to throw $700 billion down Wall Street. However, Secretary of the Treasury Henry Paulson wants to maintain the salaries of the CEO's and officers of the firms. I think this is wrong. Because of the mismanagement and greed of the CEO's and officers, their companies/firms/corporations are teetering on the brink of total collapse. Bush, Paulson, and these Wall Street CEO's cannot have it all. There should be some negotiations regarding what exactly will/will not be covered, how homeowners near foreclosure can be included, and how to guarantee the repayment of the loans to taxpayers and the federal government.
I am not a Wall Street guru but I believe that there should be some give and take on any settlement or bailout plan.
