Just Waiting For This

You knew we'd see a story like this sooner or later:

The Wall Street Journal leads its world-wide newsbox with Treasury Secretary Henry Paulson's harsh criticism of any new plan that uses government money to help struggling homeowners. In an interview with the paper, Paulson characterized the proposals as "bailouts" and said the administration's market-based approach would be enough to prevent a crisis in foreclosures. Democrats are working on several plans to help homeowners, and Paulson's comments emphasized the opposition they'll face from the White House on the issue.

The hypocrisy is rich. The government is working in overdrive to provide bailouts to the corporations financial institutions but when it comes to helping out ordinary citizens, fogetaboutit.