Foreign banks to get a hand out as well...

[YellowRubberDuckie]

http://www.politico.com/news/stories/0908/13690.html

snip:
In a change from the original proposal sent to Capitol Hill, foreign-based banks with big U.S. operations could qualify for the Treasury Department’s mortgage bailout, according to the fine print of an administration statement Saturday night.

The theory, according to a participant in the negotiations, is that if the goal is to solve a liquidity crisis, it makes no sense to exclude banks that do a lot of lending in the United States.

Treasury Secretary Henry Paulson confirmed the change on ABC's "This Week," telling George Stephanopoulos that coverage of foreign-based banks is "a distinction without a difference to the American people."

The article ends with this:
House Democrats plan to insist on adding protections for homeowners facing foreclosure. They also want to add a measure to help homeowners facing bankruptcy and an executive compensation restriction designed to prevent golden parachutes for the heads of troubled institutions.

Sen. Barack Obama (D-Ill.), who was supportive of the bailout concept in a statement released Friday, believes that “whatever gets done in Congress has to protect Main Street,” senior adviser Stephanie Cutter said on MSNBC on Saturday.

On “Fox News Sunday,” Paulson told Chris Wallace that he would resist the Democrats' desired limits on executive compensation.

***
Yeah. Let's give the idiots who got us into this mess a nice little reward for costing us a Trillion bucks. :eyes:
Duckie

[Raschel]

1. What happened to bootstraps?

So the only people who should pull themselves up by their bootstraps are the taxpayers of the United States?

All of the unethical CEOs, Senators, and Foreign corporations should all be given handouts by me?

The next republican who says we need to pull ourselves up by our bootstraps should have his exhorbitant taxpayer pension and medical care taken away by us.

Excuse me, I have to go scream...

[YellowRubberDuckie]

2. Pretty much.

It is terribly uneven around here.
Duckie

[AlCzervik]

3. AIG did a ton of underwriting in Europe, where is the bailout money from the EU

and other european governments?