There are a lot of people that complain that there is too much control held by wealthy people. I don’t really think it’s that big a deal, if there is buying of power I don’t think the people buying it are as bad as the ones selling it…
Anyway, if you are someone that worries about power being controlled by a few people with money, you should be livid at the prospect of $700 billion being handed over to the treasury secretary. Talk about too much power in someone’s hands! The money part of this whole debacle is infuriating, but the power issue is really scary IMO. I’ll give Paulson the benefit of the doubt and assume that he’s a decent, upstanding guy, but no one should have that kind of discretion with that amount of other people’s money without their say so. To me, this is the last piece of W’s legacy, government power gone amuck. I’m really hoping that this whole mess will finally wake people up. Government needs to be reigned in, there has to be hard limits on what they can do. I hope that this isn’t too expensive a lesson to learn…