Paulson: TARP? We don' need no steenkin' TARP!

Remember that $700 billion plan to buy toxic waste assets that we had to pass immediately or it would be the end of the world?

Well, Treasury Secretary Hank Paulson never bought those toxic assets. Instead he ran around giving money directly to bad banks. Have you noticed how much better everything is now? Paulson has. In a press conference today:

As I assess where we are today, I believe we have taken the necessary steps to prevent a broad systemic event. Both at home and around the world we have already seen signs of improvement. Our system is stronger and more stable than just a few weeks ago.

T-Dub was at the press conference, and took this picture.