Paulson panics ... and we eat it

The Reckoning - As Credit Crisis Spiraled, Alarm Led to Action - Series -

"That Thursday evening, however, time was of the essence. In a hastily convened meeting in the conference room of the House speaker, Nancy Pelosi, the two men presented, in the starkest terms imaginable, the outline of the $700 billion plan to Congressional leaders. “If we don’t do this,” Mr. Bernanke said, according to several participants, “we may not have an economy on Monday.”"

And yet ... we did. This whole thing is a big con job. It's very annoying.
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