I’ve just finished reading the key points to Senator Chris Dodd’s alternative to the bail out plan and I have to say I agree with the folks like Paul Krugman who are saying this is more like it — it’s a “step in the right direction.” The thing is, as Krugman points out: Paulson displayed a lot of arrogance here — he basically marched in and said Daddy knows best, don’t worry your pretty little heads about the details....




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