Paulson: We need this to be clean and quick
Not a comforting message
Are you scared? You should be.
For the government to do anything “clean and quick” should send a shudder down the spine of every conservative in the country…especially when that something has the potention to cost the taxpayer $700 billion and involves what is essentially the federal government commandeering the entire mortgage industry.
The bailout of the lending industry violates essentially every conservative principle that we should be holding dear. It is certainly not something that should be done quickly.