“It’s a sad fact, but Americans can no longer trust the economic information they are getting from this Administration. And any Republican or Democrat who shares these concerns cannot in good conscience vote for this bailout and pretend to care about protecting the taxpayer….Now they want us to trust them to spend nearly a trillion dollars on more government bailouts. It’s completely irresponsible Reduce…
Secretary Paulson’s market predictions have been consistently wrong in the last year. The Administration said the bailout of Bear Stearns would stop the bleeding and solve the problem, but they were wrong. They said $150 billion in new government spending using rebate checks would solve the problem, but they were wrong again. They said new authority to bailout Fannie Mae and Freddie Mac would solve the problem without being used, but they were wrong again.”
