“Henry Paulson’s $700 billion plan to save the world is dead or dying, but the bailout was not killed by his arrogance or his grossly misleading claims about what the public’s money would buy. The plan collapsed because it didn’t work. The Treasury secretary has launched a PR offensive to revive his falling influence. Too late. The Democrats should be equally embarrassed. In September their leaders in Congress rushed to embrace the Paulson solution, no hard questions asked. They now claim they were duped.” [editor’s noteL There are times when (unlike many “progressive” pundits) Mr. Greider points his finger at ALL of the culprits in this chaos, instead of just targeting “those damned GOP neocons” … this is one of them! (We look forward to his first critical Obama column) - SAT] (11/19/08)