Clark: So What Happened To $700B Bailout?

So now comes this new and improved cockamamie plan to save the economy. Treasury Secretary Henry J. Paulson Jr. has announced that the U.S. government would buy direct stakes in the nation’s troubled banks. The last time we did anything this drastic was back in the Great Depression days, when men wore fedoras and called women “doll baby.” This brings up some important questions. Does this mean every taxpayer will be getting a free checking account? Or, at the very least, a complimentary toaster? Excuse me for being confused. But I thought the $700ƒ|billion bailout was supposed to save the economy/ Doug Clark, SR. More here.

Question: Do you think anyone in the Bush administration or Congress actually has a clue re: how to get us out of this financial mess?