a bold request, give him nearly a trillion dollars. give it to him now. let him spend it on whatever he wants, no questions asked. >> we need to make that bill quickly and cleanly. >> if they didn't, paulson insisted america could be hit by a second great depression. >> to help the american people is the goal of this plan. >> john: with the stock market tanking paulson got his so-called tarp money. eventually tarp was used in all sorts of ways few had envisioned, including to bail out the auto companies. meantime, barack obama had defeated john mccain in the race to succeed george bush. during the transition, incoming chief of staff rahm emanuel mapped out a governing strategy. >> you never want a serious crisis to go to waste, what i mean by that, an opportunity to do things you could not do before. >> do you remember when rahm emanuel said in 2008 never let