Now that Treasury Secretary Henry Paulson has admitted that his $700-billion plan didn’t work out as planned, some in the media are acknowledging that they helped stampede the Congress into passing it
The American people may be losing their jobs and savings, but on Friday night, November 14, on the eve of the international financial summit, they provided President Bush and other G20 leaders a lavish banquet that included $300-a-bottle wine, Vermont Brie, eggplant fondue, and rack of lamb. Details of the “culinary delights” and “sumptuous feast” provided to the politicians who departed their black limousines were included in wire service stories. They were toasting the demise of America as a global economic and military superpower and planning to loot another trillion dollars from U.S. taxpayers.
