And rightly so. From ABC News: Some Chicago economists are leading an opposition movement to get lawmakers to consider other options. Two economists lead the opposition movement, one from the University of Chicago, the other from Northwestern University. And Thursday their concerns were brought into the White House meeting. Senator Richard Shelby went to the…
Tag: Paulison
Paulison’s Unconstitutional Bailout Proposal
From The Nation: Under Paulson’s draft plan, Congress and the courts would have been barred from reviewing or challenging his moves to stabilize financial markets — effectively making him the nation’s economic czar. That’s not just a dangerous power grab for economic and politic reasons. It’s unconstitutional. So basically, this man is looking for $700…