Quote:
Originally Posted by Tom Kazanski
The owner of a large local car dealer called in to a radio show I listen to last week to complain that the media was causing a large part of the problem.
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I hate to blame it all on the media because GWB and Hank Paulson got this ball rolling.
George Bush: “We need this bailout NOW or the financial markets will seize up.”
Hank Paulson: “If we don’t get this bailout approved we will be in a depression.”
A week goes by…another week goes by…banks are still lending…that $700BN is still sitting in the Treasury Department’s checking account…banks are still lending…