It’s business as usual with the Bush administration: those causing the banking/credit crisis remain deregulated; AIG continues its luxury retreats at taxpayers’ experience–albeit more secretively–credit remains non-existent; those causing the crisis continue to their golden parachutes–at the expense of, see above; people remain panicked, dropping the stock market into the toilet; and the governors’ Florida conference promises more of the same.

Paulson's not only running out of gas, he also running out time , thank goodness. How can anyone have a set policy one evening, and less than 24 hours change the whole equation. He had the whole country thinking the government were going to help bail-out homeowners who were nearing foreclosure, he does a 24 ,decides to give the money to the banks to use at their discretion, and leaves people who are losing their houses, out in the cold.