The Key to Passing the $700 Billion Bailout Is Insurance

Note to Paulson: The Key to Passing the $700 Billion Bailout Is Insurance - Michael Barone usnews.com

Wow, this explains it better than anything else I've seen. I heard this morning on the news that the republicans wanted to use "loan garuntees" instead of purchases, but that didn't mean anything to me then (just financial gobbly-goop) but now the term means something..