In this great video posted by Bloomberg on July 23, Sen. Jim Bunning criticizes the proposed Fannie and Freddie bailout plan, since enacted just this past Sunday.
One highlight among many:
Bloomberg: It sounds like you don’t trust Hank Paulson.
Senator Bunning: I do not.
Bloomberg: Why is that?
Senator Bunning: Because he hasn’t told us the truth about this bill. Why would you put a backstop of unlimited amount of money if you didn’t think you were going to need it?
