Somebody in the BushCo financial team actually has a brain

I agree with Treasury Secretary Henry Paulson that a housing bailout would hurt more than help. Here’s why:

“I’m not interested in bailing out investors, lenders and speculators,” he said. “I’m focused on solutions targeted at struggling homeowners who want to keep their homes.”

And, any bailout plan now under discussion simply wouldn’t discriminate between the former and the latter.