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The Paulson Catch-22

While Paulson is generally well-regarded, we don't really know a great deal about him as a public official. From that standpoint, his demanding a close to zero-oversight blank check grant of authority, followed by his calling for a "clean" bill to forestall, not Congressional pork barrel attachments but meaningful oversight, is not encouraging.

Another way of putting it is that his seeking these unfettered powers lowers one's confidence that he should have such powers.

Full post as published by Start Making Sense on September 22, 2008 (boomark / email).