Monday, December 3, 2007

Secretary Paulson on a bailout



"We are working aggressively and quickly, utilizing available tools and creating new ones, to help financially responsible but struggling homeowners," Paulson said in a speech to a national housing conference sponsored by the Office of Thrift Supervision.

1. Where were the Feds in 2002 when I needed saving from my own idiotic moves in the stock market? I was "financially responsible but struggling" and no one offered to buy any tech stocks from me or freeze them at high prices.

2. What in tarnation is the "Office of Thrift Supervision"? Whatever it is it didn't do its job. I would hate to see its budget. :(

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