The Bailout Rush: Time Is Money or Haste Makes Waste?

[formercia]

http://abcnews.go.com/print?id=5870351


For Some Financial Experts, a Rushed Bailout Has Echoes of Hasty Bush Administration Policies
By RUSSELL GOLDMAN

Sept. 24, 2008 —

Though the ongoing financial crisis was years in the making and its fallout will undoubtedly shape U.S. fiscal policy for years to come, the secretary of the treasury urged Congress Tuesday to act "quickly and cleanly" on approving a multibillion-dollar bailout measure.

Time is money, goes the old proverb, but members of Congress -- both Democrat and Republican -- as well as a chorus of economists have questioned the urgency with which Bush administration officials want to act.

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For crissakes, even ABC isn't towing the party propaganda line.