I think Bush and Paulson blew this from the very beginning. Their initial bill basically said:
“Give us $700 Billion dollars. We’ll spend it however we like without any oversight. And you can never hold us accountable.”
That bill screamed BAILOUT FOR WALL STREET. Even with all the negotiated changes, the bill still can’t shake that initial public image. At this point, you could come up with a bill that even Warren Buffett would want to invest money in and the public would still see it as nothing more than a bailout for wall street.
If the bill was initially written and marketed as a good investment for America, we would have all been better off. But, of course, that wasn’t Bush and Paulson’s primary concern.
