Treasury Secretary Paulson seems to think that the only viable solution involve relieving his BUDDIES from the responsibilities of their decisions and consolidating more power to the Treasury and the Federal Reserve. BULL!!
Here’s an alternative idea. Let’s collapse the IRS; immediately stop all payroll withholdings, put a permanent moratorium on all income tax filing requirements, and forgive all delinquent tax payer accounts. Imagine the boost to the economy that would provide.
Fire Paulson and Bernake; eliminate the Treasury Department (well restructure it anyways). These actions would "punish" those responsible — the Federal Government — and force them to dramatically reduce their spending which would put us back on a road of recovery.