Quotes of the Day: Hank Paulson Edition

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From Newsweek’s summary of Hank Paulson’s upcoming memoir, which recounts his days running the Treasury Department during the great financial meltdown of 2008:

Paulson delivers a continual and biting critique of Republicans….Kentucky Sen. Jim Bunning is a “cantankerous conservative” (page 275). Meetings with Senate Republicans were “a complete waste of time for us, when time was more precious than anything” (page 275). Ideas that Republicans do add are “unformed,” like Virginia Rep. Eric Cantor’s plan to replace TARP with an insurance program. In a rare moment of sarcasm, Paulson goes off on the minority Whip: “I got a better idea. I’m going to go with Eric Cantor’s insurance program. That’s the idea to save the day” (page 285).

This is no surprise. In his Vanity Fair interview last year, Paulson had glowing comments about Barney Frank, Nancy Pelosi, and Tim Geithner, but about his fellow Republicans he was considerably less charitable. Basically, he says they were preening, ignorant, ideologues. Imagine that.

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THE TRUTH...

is the first thing despots go after. An unwavering commitment to it is probably what draws you to Mother Jones' journalism. And as we're seeing in the US and the world around, authoritarians seek to poison the discourse and the way we relate to each other because they can't stand people coming together around a shared sense of the truth—it's a huge threat to them.

Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

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