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Obama Has Recycled Bush's "Cash For Trash" Bail Out Plan

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AAPolitical Slugfest

AAPolitical Slugfest

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The Huffington Post reports that over the weekend The Times and other newspapers reported leaked details about the Obama administration's bank rescue plan, which is to be officially released this week. If the reports are correct, Tim Geithner, the Treasury secretary, has persuaded President Obama to recycle Bush administration policy -- specifically, the "cash for trash" plan proposed, then abandoned, six months ago by then-Treasury Secretary Henry Paulson. Let's talk politics tonight on the slugfest!

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