Who is this guy Paulson, anyway...? Doesn't he work for Bush...?

doesn't that automatically mean his credibility is less than zero...?

Treasury Secretary Henry M. Paulson Jr. said yesterday that financial markets have stabilized since March, when the collapse of investment house Bear Stearns roiled Wall Street, and said he expects economic growth to rebound by the end of the year.

A severe housing slump remains "the biggest risk to our economy," Paulson said, adding that he was "very encouraged" to see "bipartisan progress" in Congress on a comprehensive plan to address the downturn.

"The markets are considerably calmer now than they were in March," Paulson said to business leaders gathered at a downtown hotel for a forum sponsored by The Washington Post. "In my judgment, we are closer to the end of the market turmoil than the beginning."

why does our esteemed news media insist on continuing to publish the statements of proven liars and criminals as though they were some kind of believable information that we should all pay attention to...? i'm confoozed...

Submit To Propeller
Tweet