I used to work for Lehman Brothers in the FX trading field before going on deployment.

Not in favor of the Paulsen plan --- no oversight and it is essentially a giveaway. We will overpay for the bad assets, and this is part of the plan.Socialism for the wealthy, capitalism for the little guy. No thanks. This post runs down the major reasons why this $700 bn blank check is a HORRIBLE idea.

Haven't we learned that giving this Administration a blank check to do anything is something to avoid? If Congress gets buffaloed again, I might just vote for Ron Paul after all.