The Bailout

I'm still sorting through the debate on the bailout proposals, and I have to admit, a lot of this is beyond my expertise. I'll try to post some sort of analysis on it later. What I do want to say right now is that I am glad to see that Congress is pushing back against more expansion of executive power. Both Democrats and Republicans alike are resisting the Paulson plan, which would give the government a blank check to purchase bad debts.