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Daily Bailout: Congress hits the grill

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Bailout Burning Bull

Today Henry Paulson & Ben Bernanke are on the Hill to answer questions before Congress. What can you expect? Finger pointing, blame games, vague details and bulls*#t all around.

- Philip Delves Broughton writes about the bailout under the title ‘The Biggest Bank Heist Ever: And it’s the bankers who are committing the crime’

- Malkin blogged, Heritage Foundation says Paulson is Part of the problem in a complete understatement

- Paulson is against using his bailout funds for automakers, no doubt because he probably guarenteed every dime while Barney Frank whose handling of Freddie & Fannie got us into this mess, now wants the money to be used for all kinds of projects

- US News & World Reports notes the 11 blunders of Hank Paulson

NEXT: Automakers are set for a 3 PM meeting with Congress to beg for money.

- CNN looks at what is really killing Detroit

- The AP reports bailout fatique has hit Washington spelling potential trouble for automakers.

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