Junkdrawer
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Tue Sep-23-08 08:33 AM
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BLANK CHECK: Eyes on the Ball, People.... |
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The original Hank Paulson bailout proposal was a "Blank Check" because only Hank Paulson determined which securities he would buy, how much he would pay and when he would buy them.
So it's just like giving someone a Blank Check with the Payee, Amount and Date lines blank.
I think it's great that Democrats are talking about giving Main Street some relief, limiting CEO pay, and providing more retrospective Congressional review, but if they don't address the Who, How Much and When questions, it's still a Blank Check.
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bdamomma
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Tue Sep-23-08 08:34 AM
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1. financial shock and awe is correct. |
Junkdrawer
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Tue Sep-23-08 08:42 AM
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2. These are the HARD questions.... |
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I'd be very surprised if they are addressed.
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Wed Apr 24th 2024, 08:18 PM
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