“All I ask is that you admit the man was not a conservative.”
Believe me please, if I thought that I would admit it. I know that President Bush had to be pragmatic and keep his eye on the right ball, so to speak.
I doubt if the President was aware of Paulson putting 9 bankers in a room and make them take the money. There were no strings attached to TARP 1 so, I don’t think it would require much coercion... And, it did prevent a severe depression. You should research the huge amount of money that was withdrawn in a few hour period. If action had not been taken there was serious risk of bank runs and an incredible crash in markets, employment, and demand for goods and services that would have dwarfed what has happened. I would love to see some investigations on this, it happened just a few short weeks before the election. I think there is a good chance it was an intentional move (attack) to help democrats in the election and to provide fodder for future actions of trying to take over some private sectors.
I have had the opportunity to look the man in the eye and listen to him, he is genuine, he is courageous beyond his own personal strength, he is sincere, and he is right most of the time. Remember, his view is a lot more complete than most of us get.
I'd bet my life it was a Soros move.
Just like Judas Iscariot.
Benedict Arnold was "pragmatic" too.
And so was FDR...right before he sold all of Eastern Europe into Soviet slavery!
I have had the opportunity to look the man in the eye and listen to him, he is genuine, he is courageous beyond his own personal strength, he is sincere, and he is right most of the time. Remember, his view is a lot more complete than most of us get.
It's easy to be "generous" with other people's money.