The Bailout is a Bad Idea, Part II

If there is no oversight, there should be no bailout. See:

• Article from The Huffington Post
• Dirty Secret Of The Bailout: Thirty-Two Words That None Dare Utter
• Article from The Nation
• Paulson Bailout Plan a Historic Swindle
• New York Times Op-Ed Columnist
• A Second Opinion?
• Lobbyists, bankers and Wall Street types are already hopping up and down like over-excited children, ready to burst into the government’s $700 billion piñata. This widespread eagerness is itself an indication that there is something too sweet about the Paulson plan. . . . The free-market madmen who treated the American economy like a giant casino have had their day. It’s time to drag them away from the tables and into the sunlight of reality.