Treasury Secretary Henry Paulson said Wednesday that original plan to purchase distressed mortgage assets from Wall Street firms is not the best use of the $700 billion financial rescue package, and officials will now focus on direct capital injections into the struggling financial firms.
I wonder…how many fiscal conservatives chose not vote disgusted with both sides over the disgraceful bailout? Those votes would have mostly gone to McCain. That might have been enough.
This is reminiscent of Bush firing the SecDef after the election after he stating he wouldn’t…which cost the Repubs votes in 2006.
Filed under: Election 2008 |