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Outside editorial: The days of cheap oil prices are gone

...wonder whether this crisis has an end. Experts say that high fuel prices are here to stay. As Treasury Secretary Henry M. Paulson Jr. said a few days ago, "I don't see a lot of short-term answers." This poses severe challenges for the U...
Outside editorial: Fannie-Freddie takeover: costly but necessary

In placing troubled mortgage giants Fannie Mae and Freddie Mac under federal control, Treasury Secretary Henry M. Paulson Jr. did what he had to do, and he did it pretty well. The two companies are too big to be allowed to fail. They...
Outside editorial: Bailout politics

...partisanship and petty squabbling, this would be it. Rubber-stamping the plan proposed by Treasury Secretary Henry M. Paulson Jr. and Federal Reserve Board Chairman Ben Bernanke would have been an unwise abdication of congressional responsibility...


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