Why You Should Hate the Treasury Bailout Proposal

Why? This is good news.

Realistically, some sort of agreement is going to be get done. But, if it isn't getting done immediately, that means that it isn't being rubber stamped.

Paulson walked into the room where Democrats were caucusing after today's meeting at the White House and pleaded with them, "Please don't blow this up."

Rep. Barney Frank, D-Mass., chair of the House Financial Services Committee was livid saying, "Don't say that to us after all we've been through!"

House Speaker Nancy Pelosi said, "We're not the ones trying to blow this up; it's the House Republicans."

"I know, I know," Paulson replied.

:covri: