Treasury Secretary Henry Paulson received a skeptical reception today when he appeared before senators, asking to grant him authority to rescue the country’s financial system, The New York Times writes. The administration has proposed a $700 billion plan to buy up and hopefully resell troubled mortgage-backed securities.
Christian financial adviser Dave Ramsey is against the bailout. Feel free to post more evangelicals’ reaction in the comments section below.
Cartoon by Gary Varvel, Indianapolis Star