25 Harshest Reactions To the Wall Street Bailout
"The point is this is one of the most important irrevokable economic decisions we will ever make. Let's make it in a state of panic."
— Stephen Colbert
"The fox is guarding the hen house."
— A heckler mocking Treasury secretary Henry Paulson
"As of now we [journalists] are, as a group, behaving just as we did the
last two times the administration sought to rush through a hastily
thought out, ill-conceived plan. Why in the world are we being so
gullible and naive?"
— Former New York Times reporter David Cay Johnston
"If you think the Bailout of All Bailouts...won't saddle American taxpayers with billions, if not trillions, of risky obligations, you don't know politics... Never before in the history of American capitalism has so much been asked of so many for...so few."
— Robert Reich, former Secretary of Labor
"Normally, this is a process that would take months — years."
Instead, the law is being worked out, live on television, over the course of a few days.
— NPR, quoting the chief lobbyist for the Financial Services Roundtable, Scott Talbott
"Watching Washington rush to throw taxpayer money at Wall Street has been sobering and a little frightening."
— Newt Gingrich
"No 'cash for trash.'"
— Dennis Kucinich, proposing Americans should also take partial ownership of any institutions receiving bailout money.
I think it's embarrassing to the United States of America. There is a lot of blame to go around."
— Treasury Secretary Henry Paulson
"For anybody out there living in cave, let me just say this. Congratulations. You've apparently made the soundest real estate investment possible."
— Jon Stewart