I’ve been a fan of Steve Forbes since the ’96 Republican primary. While I don’t agree with his flat income tax, I can certainly agree with him that Henry Paulson is “the worst Treasury Secretary in modern times“. It seems like nobody has been willing to point some very harsh fingers at administration officials but not Forbes.
There is this ridiculous notion that we have avoided a much worse financial crisis than it could have been. Certainly if we had buried money in the money holes like Onion News joked about, we’d be in a much worse financial situation. However, we haven’t actually been burying money in real money holes, unless you count the $700 billion bailout we dug ourselves last month.