I see Team Bush has returned—at least temporarily—to its mission of rebranding the GOP as a party that again believes in fiscal responsibility and small government. The AP tells us all about it:
Treasury Secretary Henry Paulson said Thursday that various proposals being put forward to deal with the housing slump would do more harm than good.... "So while some in Washington are proposing big interventions, most of the proposals I've seen would do more harm than good," the secretary said in remarks prepared for delivery Thursday night before the Economic Club of Chicago. "I'm not interested in bailing out investors, lenders, and speculators," he said. "I'm focused on solutions targeted at struggling homeowners who want to keep their homes."