Henry Paulson

I find it extremely odd that so much trust is put in Secretary Paulson’s opinion of the current financial mess. According to his bio on Time, he was CEO and chairman of Goldman Sachs from 1999 to 2006. He was at the helm of the most prestigious investment bank that was making these horrible investment decisions. Obviously the guy is smart – but smart doesn’t equal right – just like he wasn’t right to allow those risky investments to be made under his leadership. He also sees the world through an investment banker’s eyes – and that world is in crisis at the moment. But guess what Secretary Paulson! America doesn’t need a bailout! Our businesses are strong and we will pull through this mess. Just because Goldman operated on credit and leverage doesn’t mean every business in America does.

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