Given that he was one an All-American lineman at Dartmouth (a rare honor to an Ivy League player) I doubt many ET'ers will be whipping Paulson any time soon.
Here is a quote made yesterday from someone knowledgeable about Paulson: It strikes me that this Israel-Iran confrontation is mostly about trying to keep the high oil prices elevated. A skeptic could even point to the oil lobby pressure on the US government to open up drilling in heretofore environmentally protected regions. I am also suspicious of the Goldman Sachs pressure, which is playing into the Treasury Secretaryâs hands. Of course the man, Mr. Moral Hazard himself was the previous head honcho at Goldman. I am so suspicious of this that Iâm now waiting for John Thain at Merrill Lynch to push their analysts to make a similar report. These are the reasons that people rise to positions of power. They and their friends make enormous wealth when they issue âanalyticalâ reports that are favorable to their positions and to cause the enactment of favorable legislation. When we speak of bought-and-paid-for politicians and analysts, these are the people behind the moves.
Ahem. Chuck Norris is 67. And btw. I'm so proud of you guys. Not one person said, "Oh yeah, he's rich. " Of course, it's a pretty new thread.
LOL so what. Even Chuck Norris in his prime would get whooped by any amateur MMA fighter. BTW, it's really funny to see anyone call Paulson a fool. The fools are you guys, to think that Paulson has any real power. Even more funny is that after all the insults, you guys still listen and care what he says. And probably hope that he will eventually do the "right" thing. The irony!
He's been reciting this line like a parrot... "Strong dollar is in US interests" http://news.yahoo.com/s/afp/20080614/bs_afp/g8economyforexpaulson
That reminds me of cricket legend Don Bradman (1930s-40s cricket version of Babe Ruth, but even better compared to his peers), who was being interviewed by a younger international player and asked his views on the current world cricket scene: Interviewer: "So Sir Donald, some people think the game has moved on since you were at your peak between the wars. How well do you think you would fare against the current crop of bowlers?" Bradman: "Well, I think I could do ok, maybe average about 50" (a batting average of 50 is world class) Interviewer: "Oh, only 50?" (Bradman averaged 99.6 in his career, over 60% higher than the second highest batsman ever, at about 60) Bradman: "Well Dean, you've got to remember - I'm 83 years old!"