LouieK

Yet More Paulson Revisionism

Paulson quieted down the banking crisis with under $350 billion dollars; then said he would not need to use any more TARP money. That seems to me to be a good thing. Frank, Dodd and the Democrat Party, on the other hand, created the problem in the first place with a public policy of interference in the markets to goose up the home ownership factor without regard to market discipline. Paulson should change his mind. In this political environment, apparently honesty has no reward.