Sensitive to criticism that the administration is trying to pull a $700 billion dollar fast one on the American public...assessing us another $10,000 per household debt before explaining exactly how it's going to help, a White House spokesman explained today that the plan has been formulated as a 'contingency' over 'previous months and weeks' by administration officials.
OK, so that would mean that Bush and Co. knew this was a problem for all that time, but never bothered letting the public know. And that as Bush and Paulson were assuring us that the 'fundamentals' of the economy were absolutely sound--no, wait a minute--DON'T TELL ME THEY LIED!
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