Who knew GWB was a communist?

The Treasury Department is considering buying equity stakes in insurance companies, a sign of how the government's $700 billion rescue program could turn into a piggy bank for a range of beleaguered industries. The availability of US government cash in the middle of a global credit squeeze is drawing requests from insurance firms, auto makers, state governments and transit agencies. While Treasury intended for the program to apply broadly, the growing requests could put a strain on the $700 billion, a sum that only last month stunned lawmakers. MetLife, Prudential and New York Life are interested in exploring a sale of equity stakes to the government, according to people familiar with the matter.

Aside from the socialist aspects, it's clear that Paulson has no clue what he's doing. First the money is to buy mortgage backed securities, then it's to capitalize banks, now it's to capitalize insurers. Does he have the first idea what to do? Why did Bush give him a blank check?

Here's Michelle Malkin's take on this: http://michellemalkin.com/2008/10/25/bailout-creep-what-the-hell-is-hank-paulson-up-to-now/