Sep 19, 2008 4:26 PM GMT
An article by Jeannine Aversa and Julie Hirschfeld Davis, Associated Press Writers .
Bush administration wants hundreds of billions, new powers ASAP to attack financial crisis:
President Bush, flanked by Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke, acknowledged that the program will put a "significant amount of taxpayers' money on the line."
The administration is asking Congress to give it sweeping new powers to execute the plan. Paulson said it "needs to be big enough to make a real difference and get to the heart of the problem."
http://biz.yahoo.com/ap/080919/financial_meltdown.html
I don't know how I feel about about granting president Bush any more powers, especially after the Patriot's Act, which is scary enough on its own. Wouldn't even more power seriously put our rights as U.S. citizens at risk?
Bush administration wants hundreds of billions, new powers ASAP to attack financial crisis:
President Bush, flanked by Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke, acknowledged that the program will put a "significant amount of taxpayers' money on the line."
The administration is asking Congress to give it sweeping new powers to execute the plan. Paulson said it "needs to be big enough to make a real difference and get to the heart of the problem."
http://biz.yahoo.com/ap/080919/financial_meltdown.html
I don't know how I feel about about granting president Bush any more powers, especially after the Patriot's Act, which is scary enough on its own. Wouldn't even more power seriously put our rights as U.S. citizens at risk?