Paulson: A Stabilized Financial System?

As reported on Bloomberg - "Paulson's Shift on Bailout Plan":

• Credit markets stabilizing.
• Interbanking credit markets are not frozen.
• The system has been stabilized.
  
• Original bailout plan was a good plan.
• What changed was our understanding of the magnitude of the problem.

Did we hear all of this right? Do they understand the magnitude of the problem now or will their understanding change yet again?

Perhaps Sarah Palin and Joe the Plumber could advise Bush on this matter to help shape and direct this financial policy.

We're definitely not in good hands. The endless incompetence of this administration tells us this every day. I guess if we were good American patriots, we would just keep our mouth shut in regards to these problems. Sorry.