Did anyone else feel like they were listening to "Captain Obvious" today when Secretary Paulson was

[ddeclue]

explaining the financial crisis to us?

Where was this information three months ago or a year ago Hank?

It was like hearing a doctor say "we saw the patient spurting blood for a while and then it suddenly stopped... we believe this blood loss was the immediate cause of death"....

:eyes:

[magellan]

1. I didn't listen, but he was hired to do just what he's done

Just like the rest of Bush**'s appointees/cabal.

It's either on purpose or everyone associated with Bush** is beating the statistical odds on being incompetent at just the right moment for eight years running.

[Fresh_Start]

2. early in September they were still more concerned

with inflationary pressure than the credit crisis. Then Lehman collapsed. AIG followed. Fannie/Freddie....
the problem was accelerating and they were still trying to balance inflationary risks

[aquart]

3. Signaling a total refusal to admit the underlying problem.