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The US dollar fell sharply on Tuesday as Hank Paulson, Goldman Sachs’ chief executive, was named as the new US Treasury secretary, replacing the increasingly pressurised John Snow.
posted by mikevotes at 6:50 PM
Paulson is a good choice as far as Bush's past choices go. He is environmentaly tuned in, and has been critical of Bush fiscal policy.
By Yukkione, at 7:23 PM
I know nothing about him. If you look at the complaints against Snow, I think Paulson was brought in to be a cheerleader, not a policymaker.Policy will still be made by the same people.Mike
By mikevotes, at 8:07 PM
I agree with Mike. Just a change of face, not a change of policy.
By Reality-Based Educator, at 8:18 PM
But the dollar stays in range nonetheless.
By Praguetwin, at 7:58 AM
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This is not the America I was brought up to believe in. This blog seeks to highlight abuse of power, deception, corruption, and just plain bad ideas in government and corporations. Updated several times a day.
4 Comments:
Paulson is a good choice as far as Bush's past choices go. He is environmentaly tuned in, and has been critical of Bush fiscal policy.
By Yukkione, at 7:23 PM
I know nothing about him. If you look at the complaints against Snow, I think Paulson was brought in to be a cheerleader, not a policymaker.
Policy will still be made by the same people.
Mike
By mikevotes, at 8:07 PM
I agree with Mike. Just a change of face, not a change of policy.
By Reality-Based Educator, at 8:18 PM
But the dollar stays in range nonetheless.
By Praguetwin, at 7:58 AM
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