Just a few weeks ago, when the bailout was being rammed through Congress, I pointed out that Hank Paulson has proven himself clueless. He was wrong when he denied that were facing an economic crisis, and he was wrong again when he predicted a complete meltdown of our financial system if Congress didn’t give him […]
Clueless Hank Paulson Does It Again Read More »
Holy checks and balances, Batman! Just so we’re all clear how much unbridled authority we’d be granting clueless Hank Paulson (see my previous post), Christopher Manion at LewRockwell.com calls attention to this little provision tucked inside the “emergency” bailout legislation: “Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency
“Decisions by the Secretary May Not Be Reviewed by Any Court of Law” Read More »
On Meet the Press yesterday, Mayor Bloomberg expressed his full confidence in Treasury Secretary Hank Paulson to steer us out of the current economic crisis: “Well, I think number one, Hank’s the right guy for now. He knows what goes on on Wall Street, he understands these complex financial instruments in a ways most people
Paulson and Bloomberg Don’t Have a Clue Read More »