Who is Paulson

Our prospective bailout was passed precipitously, without due deliberation by Congress, and was ill-conceived. The plan has not been implemented with Secretary Paulson today changing direction. Just who is this man given unprecedented budgetary authority and the reins over $700 billion in new spending? This is a figure that would make Midas blush, Croesus cry, and even get Bill Gates' and Warren Buffet's attention. Never in history has such power been left in the hands of one man, no matter how carefully vetted. And as today's events illustrated Paulson has an evolving position which only militates towards a greater erosion of confidence in the markets. But for far too long, it appears our economy has been in the hands of confidence men.