Paulson says handling banks’ bad assets costly, but needed ....
--------------------------------------------------------------------------------------------------U.S. government should bail out of bailouts
The last thing government officials should do is try to bail us out of the economic crisis they are responsible for creating in the first place.
The lack of oversight provided by Chris Dodd and Barney Frank of the Banking and Financial Services subcommittee is unprecedented and should require the immediate dismissal of both men. Their decisions, which have in large part brought about the current market crisis, make the decisions made during Hurricane Katrina look like sheer genius.
Campaign contributions have a miraculous way of clouding any career politician's ability to make intelligent choices that would directly benefit the American public. They know those choices will greatly disappoint their 'masters' who run Wall Street and thus slow the flow of campaign money for re-election. ....
