That is what I am talking about - it looks they realize now the importance of the moment.
Paulson Praises Fed Cut, Says Stimulus Plan Needed
http://bloomberg.com/apps/news?pid=20601170&refer=home&sid=ahrW4uemoB3g
``We need to do something now, because the short-term risks are clearly to the downside,'' Paulson said in the speech. ``The legislation must be enacted quickly, and the elements of the legislation must have immediate impact. If we miss this, we miss the mark.''
`More Action' Needed
He reiterated that the housing market in the U.S. is undergoing a ``significant'' correction and that growth had slowed ``materially in recent weeks.'' He also said ``more action is needed in the housing sector, action just as urgent as a broader short-term economic boost.''