......one of President George Bush's greatest enablers.
Hank Paulson: A New York social liberal now showing up as an economic/fiscal liberal, in the role of Secretary of Treasury. Hank wants to engineer a big government quick fix for global markets and the sub-prime challenge. I say sub-prime challenge because it's only a challenge until big government gets into the act. Then it becomes a sub-prime crisis, deeper and more prolonged.
Pipe down, Hank. Take a breather then go back to The Big Apple, Goldman Sachs or the Nature Conservancy, from whence you came.
Why should we care? Because he's sewing the seeds of even our even greater economic destruction, down the road. No big ego like Hank can ever stand back and do nothing. Big egos always need to do something, be the center of attention, rather than kick back and let problems sort themselves out on their own, especially in democratic, free financial markets.
Hank, best thing you can do right now for our country is stay calm and do nothing. Stop medicating your need with an adrenaline rush.
Be a non-anxious presence. That's everything; that's enough.
Tuesday, April 1, 2008
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1 comment:
Dear Webutante
Looks like Hank did not heed your advice and a $700 million egotistical adrenelin rush got the better of him.
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