I find it funny that Henry Paulson jumped in front of the camera as if he were president and announced frantically the economy is collapsing. The funny part was that 99% of the population was unaware of the financial problems and responded appropriately. The problem could have been controlled gradually as long as the population remained calm. The fact the administration chose to break the news though a urgent news address, as they did, make me feel the only motives could have been a few. It really seems they decided to take down several birds with one stone. Keep John McCain from becoming president, expose the housing finance problems just before handing over power (expose it now, and let them get the blame later), and spend so much money on the way out that it would make Americans mad when the Dems started their spending spree.
I have felt this way from the moment Henry Paulson’s face hit the camera in 08. The coming midterm result are exactly what I expected . This is not a pro-republican turnout. It is a p.o’d electorate who wanted change, not fundamental restructuring or American Government and Public Policy. It is a people who saw massive spending and negligence at the end of 08 and only wanted that to change, and that change was not received. This Midterm election is about “change”.
I to this day do not understand TARP... best I can analyze it is the day when the Republican 'big tent' machine became little more than a TARP. I also remember the Clintons first two years brought forth the 1994 GOP election of control of the House after 40 years of wandering in the proverbial wilderness...
HOWEVER, the 1994 election of Republican control of the peoples house, led to with the willing aide by a liberal mouthpiece media to a second Clinton term... I highly suspect the same plan is in the works for team BamBamKennedy... paint a 2010 Republican House as 'Taliban' and without compassion... my biggest itch against George Bush, his so called 'compassionate' conservative... Governments do not legislate 'charity'.