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Thursday, November 13, 2008

OpEd: Saving Private Somebody---the reality

Recently the Observer got an angry comment from someone at the US Senate in Washington---it seems that that person felt it was unreasonable for the public to know where the money from the recent bailout was going----the comment suggested that the Congress has oversight responsibility and that it will review this every six months or so. Why the need for any faster supervision?

And just yesterday, it was announced that the previous hotly debated "bailout" of the banks, will in fact not be consituted as previously discussed by Treasury Paulson during one exhausting week of very public debate---It seems that the banks,,,and the public credit will not be bailed out, but somebody will..........an unnamed party.

So---We're Saving Private Somebody. This would be a great movie title. You can write the script yourself. I am all ears as to the script details. You make the call.

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