Wednesday, September 24, 2008
Another Washington Bailout is Needed - For Houston
Houston Chronicle STEWART M. POWELL and BENNETT ROTH:
Mayor Bill White of Houston described the potential range of costs to both the federal government and insurance companies in an interview with the Houston Chronicle. He then joined Galveston Mayor Lyda Ann Thomas and Texas Lt. Gov. David Dewhurst on Capitol Hill to testify before a Senate Homeland Security subcommittee on disaster recovery.This bailout will benefit the people and there is transparency in the financing. If this was the Paulson plan the head of FEMA would be demanding $30 billion right now to dole out as he saw fit to crony contractors he picked with no oversight to make good the losses of large corporations in the Houston area.
Gary Permalink on 9/24/2008
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