Wednesday, September 24, 2008

Bailout: Gambling Evils Run by an Unelected Official

...Hastily crafted legislation ceding an unprecedented amount of power to an unelected official whose successor remains unknown at this time. Imagine what would happen if, hypothetically, a President Obama appointed Franklin Raines, the ex-Fannie Mae CEO who cooked the books to insure his bonus, as the Secretary of the Treasury and the appointment was confirmed by a corrupt democrat-controlled Senate. Talk about a worst case scenario?

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