Fire Hank Paulson [View All]

[babsbunny]

http://www.madison.com/tct/opinion/317438

An editorial — 12/06/2008 7:40 am

In September, Treasury Secretary Hank Paulson was so determined to secure a $750 billion bailout for his friends on Wall Street that reports said he almost passed out at one point. Such was the urgency when the bonuses of bankers were at stake.

But this month, as Washington debates whether to provide a ridiculously small bailout to the nation's auto industry, Paulson is nowhere to be found. Instead of working Capitol Hill to pass a plan to save the roughly 3 million jobs that could be lost if the Big Three automakers tank, the Treasury secretary is touring China.