Somebody should compile an authoritative list of the foolish statements, Wall Street parochialisms and bungled bailouts racked up by Treasury Secretary Henry Paulson and his faithful Federal Reserve Board sidekick, Ben Bernanke, since the Great Credit Crash began in August 2007. Small wonder the global markets can't sustain any belief in the two men's tandem policies. Neither understands the cancer cells spreading in the corpus of the U.S. (and now world) economy.
First, we had Paulson's fatuous analysis that the...
]]>