Henry Paulson structured the Wall Street bailout deliberately in a way to avoid the movement to greater regulation and oversight and public auditing, etc.
If the U.S. had never gone the way Reagan and his ilk wanted, Henry Paulson would never have been paid hundreds of millions of dollars to come up with junk — worthless garbage, snake oil. He's doing his best (worst) to continue the dreadful practices started under Reagan taking the nation(s) backwards to Hooverville times.
The laissez-faire capitalists can whine all they want to about it. I'm an Isaiah liberal and devise liberal things and stand by them. They are not. They stand opposed to what is best for all. I'm right. They're wrong. The only thing we agree on is being anti-coercive. I'm anti-coercive across-the-board. They're hypocritical about it. They are for coercion so long as it's coercing others into living under capitalism. Jesus and I are on the same page together here. The laissez-faire capitalists are not on that page with us.
The Christian Commons Project™ is an Isaiah-liberal device. You would be wise to promote and support it in any ways you are able.
A source: Europe: Screw the Paulson Plan, we're nationalizing our banks. By: Ian Welsh. firedoglake.com. Tuesday October 7, 2008 4:35 pm.