And our president went right along. sickening... any other country, Paulson would be in front of a firing squad about now.
ping
In a robotic monotone voice:
I am so surprised. The government doesnt’ understand economics or the free market and was duped by a wall street insider...biddy biddy biddy biddy...
Those advocating such violence are the ones who deserve it, themselves.
Paulson has done nothing morally wrong. His advice on Lehman was inexpedient, in the direction of appeasing people like you too much, that is the worst that can be said about him.
And all our representatives were duly consulted and constitutionally agreed, all exactly as it should have been done. You don't like it, tough freaking toenails, you lost. Period.
Depraved Paulson also wanted to exempt the bailout from any judicial, legislative, and regulatory review.
All of it pinpoints Paulson's overwhelming greed to get his hands on the bailout billions. First thing he did was station his own man---Neel Kashkari---to oversee the $700B bailout. Kashkari was Paulson's henchman at Goldman, and at Treasury.
US Sen. Jim Inhofe (R-Oklahoma) said that Congress was not told the truth about the $700 billion blank bailout. "The American people don't know how much money Treasury Secretary Henry Paulson has given away to anyone. IT COULD BE TO HIS FRIENDS. We don't know. There is no way of knowing.''
GOLDMAN SACHS SCREWS US AGAIN Secy Pavelson told Congress bailout billions would be used for one purpose then the foxy, wily Pavelson changes horses in midstream and decides to use the billions for something else. Typical Wall Street chicanery. The heck with Congress enacting the bailout law for one use. Pavelson personally decides he and the G/S guys will use it for "something else."
As US citizens line up at soup kitchens and sell apples on street corners, Pavelson, Kashkari, and the G/S frat boys are cashing in bigtime......numbered offshore bank accounts, "parking" money at Goldman Sachs and other Wall Street entities; wire-transfers must be going 24/7.
The late economist John Kenneth Galbraith blamed Goldman Sachs for policies causing the Great Depression of '29. In his book, The Great Crash, 1929, Galbraith, a key figure in JFK's admin, an entire chapter titled “In Goldman, Sachs, We Trust,” details the “large-scale corporate thimblerigging” that Goldman and other Wall Streeters practiced in the 1920s.
G/S frat boys at the highest levels of govt are now pulling the levers of power. Watching them operate, we know Goldman types promote their own interests relentlessly...........the rest of us be damned.
G/S insiders are pocketing as fast as they can----making motions to bail out the crooks who contributed to the economy's meltdown is part of the exercise in greed.