StanCollender'sCapitalGainsandGames Washington, Wall Street and Everything in Between



Is Hank Paulson Using John Snow's Speechwriter?

08 Dec 2007
Posted by Stan Collender

Treasury Secretary Hank Paulson, December 6, 2007, talking about the Bush administration's mortgage program:

"...the risk of litigation should be manageable."

 

Treasury Secretary John Snow, July 18, 2003 and throughout his tenure talking about the federal budget deficit:

"...our deficit level is manageable..."

 

Does the second statement give anyone confidence about the first?

 

(NOTE: The emphasis in both quotes is mine, but that hardly matters.) 




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