On Sept. 12, Treasury Secretary Henry Paulson said the financial system had been fixed and "under no circumstances" would there be further bailouts; on Friday, Sept. 19th, Paulson said the system was collapsing and another $700 billion was needed. Suddenly Paulson is insisting the country has no choice other than immediately to hand over $700 billion to Wall Street fat cats, with barely any debate or even explanation of the plan.
Is He To Be Believed This Time?
Short answer? NO.
Should we give them the money?
Only answer: NO.
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