Michael Moore’s critique of the bailout recently mailed around the intertubes includes this list of problems:
1. The bailout bill had NO enforcement provisions for the so-called oversight group that was going to monitor Wall Street’s spending of the $700 billion;
2. It had NO penalties, fines or imprisonment for any executive who might steal any of the people’s money;
3. It did NOTHING to force banks and lenders to rewrite people’s mortgages to avoid foreclosures — this bill would not have stopped ONE foreclosure!;
4. It had NO teeth anywhere in the entire piece of legislation, using words like “suggested” when referring to the government being paid back for the bailout;
So, we have a day off. What should congress do tomorrow?