Treasury Secretary Hank Paulson Opposed Financial Regulation In His Treasury Secretary Confirmation Hearings

It appears we have a little bit of amnesia in the political community recently. Both Democrats and Republicans are blaming the other for this crisis of government. The reality is they are the flip side of the same coin. In other words, both are severely responsible. Might we all be lucky enough to see every one of them resign?

ProPublica tells us that Hank Paulson claims to have supposedly informed the President of the need for financial regulation early in his appointment. But, in a written request made by a Senator as part of his Treasury Secretary confirmation hearings, Paulson noted he was wary of financial regulation.