Word: trusted
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...people to support the radical idea of rescuing rich investment bankers, don't send a rich, former investment banker (Henry Paulson) to convince them. And don't send a discredited, lame-duck President, either. As in normal life, people are more likely to believe the advice of someone they trust. There aren't many well-known experts in this field who aren't rich, but even Warren Buffett would have brought less baggage to the process than Bush...
...wrote a letter to the local paper to voice her opposition. "A $700 billion bailout I feel is going to my grandchildren. They're going to inherit that. I don't think it's going to solve the problem. It may fix it for a while. I don't trust the government to do what they say they're going to do." She says, "I'm no genius [but] it's basically a mortgage crisis, [so] work with the homeowners and renegotiate their loans and work out something where they can make out the payments to the people who have...
...good years working and I paid my dues, and I want to stay retired." She says she's hoping the market "will bounce back if they come up with a plan that people see will work." But, she also says, "I'm not sure I trust what they're saying." - By Betsy Rubiner / Des Moines...
...Asked to take a leap of faith regarding a dizzyingly complex problem, a critical mass of voters refused to trust their leaders, turning down the medicine that was offered. And so the politicians who are most exposed to popular whims have run for cover. With an election on the horizon, 95 House Democrats and 133 House Republicans opposed the bill. Some portion voted no for clearly ideological reasons. But many more were simply doing what politicians do - responding to the will of the people...
...those historians should not forget that roots of the failure predate the vote on Monday, and even the mistakes of Wall Street. Years ago, the trust between the people and their politicians was broken. Credibility was lost. The reserve of goodwill went bankrupt. And when they needed it most, our nation's leaders found that they had squandered their ability to exert influence over the people who chose them to lead...