[lbo-talk] Discussing the Crisis/Bailout

[John Thornton]

Jordan Hayes wrote:
> John Thornton says:
>
>> I doubt anyone on this list doesn't have different ideas
>> about how a bailout could be done but a different and better
>> option wasn't on the table.
>
> Which table are you talking about here?  The Paulson table?  The House 
> Leadership table?  The pundit table?  the blogosphere table?
>
> The LBO table?
>
> There was no other option on the table but the invasion of Iraq, too.
>
> Missing a point here, I guess ...
>
> /jordan 

The current administration was not going to offer a good package in a 
timely manner.
Any better package would not have passed right now.
Unless you don't believe a package was needed right now this was as good 
as it was going to get.
If you don't believe a bailout of some kind was needed right away what 
do you base such a believe on?

John Thornton