Remember the Constitution?

September 27, 2008

From Three Pages to 102 Pages

In the below story, reported by the AP, it shows the typical work our government is capable of producing.   There are now 102 reason why our government needs to sty out of this fiasco that they created.

This is just more of the same.  I can’t wait to hear about this on the Sunday morning talk shows.

By The Associated Press Fri Sep 26, 6:15 PM ET

A week ago, it totaled just three pages — the White House’s request for $700 billion to rescue tottering financial institutions by buying their devalued mortgage-related assets

By Monday, after an intense weekend of negotiations, the draft of the bailout legislation before Congress had swelled to 42 pages.

By Friday, after almost a week of marathon talks between Treasury Secretary Henry Paulson and key lawmakers in both parties, the working version was up to 102 pages

It likely will grow even longer as negotiators continue to tweak the proposal this weekend, adding and subtracting key elements.

Rep. Barney Frank, D-Mass., the House Financial Services Committee’s chairman, was optimistic Friday that a final agreement could be reached by Sunday.

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