Paulson: The Grinch who killed Christmas

Henry Paulson as the Grinch in Ron Paul's holiday book.

Will Henry Paulson Sink Detroit? TPMCafé
Henry Paulson's main claim to fame is getting just about everything wrong in his tenure as Treasury secretary. However, he now stands to gain lasting notoriety as the person who destroyed the domestic U.S. auto industry, and the economies of the Michigan, Ohio, and Indiana along with them.

Meanwhile the GM Death Watch continues.


Perhaps Bernanke is also a Grinch, seems to be a lot of them lately:

Federal Reserve secretive about $2 trillion in loans Statesman
Taxpayers have a right to know where their money has gone.

The Federal Reserve has loaned several times the bailout amount — nearly $2 trillion — in taxpayer-funded loans to financial institutions with little oversight and no transparency. The Fed has refused to identify which banks received those loans or what was used as collateral.

Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson promised transparency when they asked Congress for the bailout billions. That hasn't happened. Bloomberg News, which sought the identity of the loan recipients under the federal Freedom of Information Act, was turned down and has sued to get the information.