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To: Hydroshock
Paulson told the Wall Street Journal that the turmoil "will extract a penalty on the growth rate" of the U.S. economy, but that "the economy and the markets are strong enough to absorb the losses" without triggering a recession.

Just a week ago he was telling us the subprime mess was contained. Why should we believe him this time?

11 posted on 08/16/2007 10:26:35 AM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: Moonman62

We can at least agree on this.


12 posted on 08/16/2007 11:01:37 AM PDT by Hydroshock ("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
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