Steve Forbes: Paulson is 'worst' treasury secretary in modern times

[Amerigo Vespucci]

Paulson is 'worst' treasury secretary in modern times



http://politicalticker.blogs.cnn.com/2008/11/23/forbes-paulson-is-worst-treasury-secretary-in-modern-times/

WASHINGTON (CNN) — Forbes magazine President and CEO Steve Forbes called Treasury Secretary Henry Paulson “the worst treasury secretary we’ve had in modern times”, citing, among other things, the government’s handling of the housing crisis.

In an interview with CNN’s Wolf Blitzer on Sunday, Forbes repeatedly called on the treasury secretary to be more straightforward about the money used to bail out mortgage giants Fannie Mae and Freddie Mac.

“Have Henry Paulson do at least one thing right, and that is, have the government explicitly guarantee the debt of Fannie and Freddie,” the financial mogul and former Republican presidential candidate said.

When asked if he has confidence in Paulson, Forbes responded “No, sadly, Wolf. He's about the worst treasury secretary we've had in modern times.”

The Treasury Department had no comment on Forbes’ remark, but in a speech on Thursday, Paulson said that the administration’s proactive response to the troubled economy “prevented a far worse financial crisis.”

[islandmkl]

1. ...“prevented a far worse financial crisis.” ...yeah....

all his wall street pals would be without all the extra millions...err....BILLIONS...

[edhopper]

2. Of course

Forbes was one of the worse Presidential candidates of all time.

[FrenchieCat]

3. Wonder what Mr. Forbes was saing about Mr. Paulsen back in 2006?

Anyone knows?

[baldguy]

4. Failure is an orphan.

[Itchinjim]

5. Steve Forbes is an alien.

Or an android or a robot or something. The guy NEVER BLINKS! It's damned creepy.

[Captain Hilts]

6. Steve "flat tax" Forbes? Who cares?

[KoKo]

7. Steve Forbes...."One Trick Poney" pushing that "Flat Tax" and doesn't

know anything but that same old song. If he wasn't a "Legacy and still had his Zine...he'd been TOAST long ago.

[Ishoutandscream2]

8. Steve Forbes. Another legacy. Fuck him

I'm sick of legacies.

[undeterred]

9. Let's ask this Steve Forbes what he thinks.

[trollybob]

10. Paulson worst Treas. Sec'y?

Why would that surprise anyone?  Look at who his boss is.

[Poiuyt]

11. Has Bush ever appointed someone who WASN'T the worst?

[soothsayer]

12. omigod, are you all in love with paulson, or do you just hate forbes?