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THOUGHT FOR THE DAY!

"I am strongly in favor of using poisoned gas against uncivilized tribes. The moral effect should be good...and it would spread a lively terror.... "-- Winston Churchill commenting on the British use of poison gas against the Iraqis after World War I

 

Paulson Plan Is Still a Pig, Even With Lipstick

If Treasury Secretary Hank Paulson thought he could cram a $700 billion plan to buy financial institutions' toxic mortgage-backed waste through Congress with no questions asked, he got a rude awakening last week.

Comments

Lipstick?

justice

You know lipstick doesn't even SUIT Paulson!lol!
I just,STILL,can't believe that PAULSON is allowed to be ANYWHERE NEAR any congressional economic rescue plan,UNLESS of course,it IS A SCAM!
His financial track record/resume IS JUST MISERABLE,failed AND CRIMINAL!
He goes to G/S in 1999,when it's 20 Billion in debt?
And leaves in 2006,with it at 100 BILLION IN debt! lol!
And he is NOW given the keys to 700 BILLION!
In installments!
It's LUDICROUS!
He should be in jail,not handling the nations finances. And the cretin is HEADED BACK to G/S next year,who will have a NEW 5 billion staked in the Fed.Treasury?
Something smells like ROTTING fish here!
Kucinich is right.This smells SO "MANUFACTURED",by some crooked,unethical,and immoral entities.
Probably the same 'insiders' that arranged 9/11!
Stinky!Stinky!
Any PLAN/BAILOUT/SCAM that PAULSON or Bernanke are involved with is SUSPECT,BIG TIME from the OFF!
Dump it,where it belongs,in the river,and get NEW 'UNAFFILIATED'financial WIZARDS to scrutinize the books and REDEVELOPE a plan,to regulate and protect US finances.
In fact,maybe they should just INSTANTLY make Ralph Nader keeper of the keys to the National Vaults.
Now there is a guy who will shape up,and RE-REGULATE, this nations accounts books,for the PEOPLE,before ANY DARN CORPORATION OR PARTY!
How can we trust ANYTHING that is devised by well-hewn failures,crooks AND SWINDLERS!

Even With Lipstick

poorrichard

Well written article, for the Bloomberg bunch.

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