Fratto insisted that the plan was not slapped together and had been drawn up as a contingency over previous months and weeks by administration officials. He acknowledged lawmakers were getting only days to peruse it, but he said this should be enough. [my emphasis]

"Which raises three questions for me:

"A) First, as we'll discuss today in the book salon on Woodward's War Within, the Bush Administration refused to admit Iraq was FUBAR even while, for seven months, they were drumming up a new strategy because it was FUBAR. They did so because they didn't want to affect the mid-term elections.  So has the Bush Administration been formulating a plan to bail out their buddies, in secret, because they didn't want to let the voters know how badly they had fucked up the American economy before November?

" And if that is true, how much worse has the economy gotten--and how much more expensive will the bailout be--because the Bushies were trying to hide yet another colossal Republican failure?

"C) Or, did they simply not tell us about their fuck-up so they could spring the $700,000,000,000 surprise on us on a Friday and demand results by Monday? The Shock Doctrine at work!

"Though, I guess "A" and "C" are not necessarily either/or propositions." 

Democrats on Capitol Hill should put on the brakes and begin investigating why this Bush-Benanke-Paulson anti-Constitution, power grabbing plan has been in the works for months but Congress was told this was and emergency?  This smells like a fraudulent scam being perpetrated by Bush regime to save themselves and their corporate crony gamblers in the mortgage lending institutions and on Wall Street from disaster and accountability by doling out $700 billion without any strings or oversight.

Impeachment, anyone?