Tuesday, September 30, 2008

Thoughts on Paulson

Matt Yglesias has a great post on how Paulson has bungled the bailout among other things.  His basic argument is that the sensible thing for Paulson to have done was quietly go around congress and try to gin up support for a plan before announcing his bailout as opposed to pulling a plan out of his rear and then yelling from the rooftops that all hell would break loose if the plan was not adopted. 

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