CR has posted the “bailout plan,” as it currently stands.
Glenn Greenwald has an important response, as does gjohnsit over at DKos.
But here’s all you need to know. Hank Paulson is asking for $700,000,000,000. That’s $2,333 from every man, woman, and child in the United States.
In exchange for that money, Paulson is unwilling to accept any demands to make markets more transparent, limit executive compensation, or assist homeowners fighting foreclosure.