Posted on 09/21/2008 12:48:00 PM PDT by SE Mom
Paulsen is an investment banker himself. As chief of Goldman Sachs, I’m sure he left his mark on the industry and may be a little too close to the problem. I’m sure he hates to see his darlings die. He may have actually been part of the problem. His company was no doubt among those who profited mightily by the housing/mortgage/investment churning boom, and now suffers in the bust. I don’t think we should allow him to push our economy “all in” in an ill-advised attempt to bail out his friends.
This bailout will not work.
NO NO NO NO NO NO NO NO
Yes, the economy will be hurt in the short term, jobs will be lost. But in the long term we simply cannot set the precedent that taxpayers will bailout private companies that fail ... especially when they fail through coruption, greed, lies and mismanagement.
We simply should not do it.
I’m in. This is an outrage!
Good for Newt. I also agree with Rush. Not one dime until those responsible for blocking Bush’s reforms resign.
And, considering that Democrat Congress has approval which is only a quarter that of President Bush (against whose "third term" Obama and Dems are running), the easiest way to do this is tying a Democratic opponent to Nancy Pelosi or Harry Reid ("Nine Percent Approval Congress", "Worst Congress Ever"), no matter his 'voting record' which could be phonied up with throwaway votes.
This should be a campaign agenda priority and rallying cry of GOP House and Senate candidates and grass roots this election season, particularly in "red" states and conservative congressional districts:
9% Approval, Worst Congress Ever! Electing a 'conservative' Democrat to Congress
enables and ensures continued Democrats' majority in Congress and
the failed leadership of
House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid.
Bump
Bump
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