Paulson on collapsing economy: let them eat cake

I realize that an imploding middle class doesn't register for the likes of Paulson, former chief of Goldman Sachs, or the GOP Big Oil and Wall Street special interests, but it certainly impacts everyone else. Maybe, just maybe, Paulson and Bush were pushed back by Democrats in Congress who balked at the idea of more tax cuts for the wealthy.

The Gavel has a brilliant collection of quotes about the economy from Team Bush and stacks them up against real experts in the field. The Bush bunker lives another day! When they only listen to their friends at Goldman Sachs or Big Oil, it's no wonder Bush and Paulson fail to see the need for action. There's plenty of cake out there to eat, isn't there?