The Right Stuff...
By INVESTOR'S BUSINESS DAILY | Posted Friday, September 19, 2008
Subprime Crisis: President Bush's financial team is now proving its mettle — and its expertise. Led by Treasury Secretary Henry Paulson, it crafted a reasonable, workable response to the subprime meltdown.
Paulson and Fed chief Ben Bernanke, in particular, moved quickly to provide help to ailing markets. It couldn't have been more timely — or more welcome.
Like so many others, we believe that government should largely remove itself from functioning markets. But in a case such as this, where a market has been seriously damaged due to regulatory excess, an obligation exists to help undo the damage....
The Wrong Stuff...
I'm not sure we're going to get out of this mess this easily. However, the Dow has rebounded the last 2 days. Let's do as Mitt says: stop blaming, find a fix, learn from the source of the problem, and move forward. And no new taxes!
1 comment:
Pres. Bush is wise to have chosen these two.
Post a Comment