25 Comments on the Wall Street Bailout

Some of these should become classics...

*"I'm not going to fire you; you can still be called Congress. But you don't have any power."

— Jon Macey, Yale Law School professor and deputy dean, providing an allegory for Secretary Paulson's proposal


*"As of now we [journalists] are, as a group, behaving just as we did the
last two times the administration sought to rush through a hastily
thought out, ill-conceived plan. Why in the world are we being so
gullible and naive?"

— Former New York Times reporter David Cay Johnston


*"If you think the Bailout of All Bailouts...won't saddle American taxpayers with billions, if not trillions, of risky obligations, you don't know politics... Never before in the history of American capitalism has so much been asked of so many for...so few."

— Robert Reich, former Secretary of Labor