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I actually have a bit of respect for Paulson. Basically a FUBAR situation. Meltdown... Politicians and their Pork.
He was no kid screaming wolf but was pretty straight up about his position... what needed to be done.... urgency and what the consequences would be.
I actually have more faith in his 3 page sole control bailout plan over the politicians 402 pages of shit.
Much of what needed to be done should have been done quitely behind closed doors under the National Security angle rather than stroking the whole world out.