What a "Schlep Rock" - Paulson

Discussion in 'Wall St. News' started by paysense, Sep 19, 2008.

  1. Paulson: Asset plan would cost 'hundreds of billions'
    By Greg Robb
    Last update: 10:20 a.m. EDT Sept. 19, 2008Comments: 2
    WASHINGTON (MarketWatch) -- Treasury Secretary Henry Paulson said the plan to buy troubled bank assets would cost "hundreds of billions" of dollars. "This needs to be big enough to make a real difference and get at the heart of the problem," Paulson told reporters at a brief press conference. Paulson said the plan would include features to protect the taxpayer "to the maximum extent possible." "The ultimate taxpayer protection will be the stability this troubled asset relief program provides to our financial system, even as it will involve a significant investment of taxpayer dollars," Paulson said.

    :(
     
  2. READ...

    All financially responsible Americans will TAKE IT UP THE TAIL-PIPE and the perps will get away unscathed...

    Amerika, what a country!
     
  3. If we abolished the Fed and went back to a gold standard as indicated in the Constitution we could advert all of this.

    Time to print more money out of thin air for the Fed, and time for me to load up on commodities.
     
  4. Suggesting the gold-standard shows your lack of education and knowledge surrounding economics.
     
  5. "The commission is committed to using every weapon in its arsenal to combat market manipulation that threatens investors and capital markets," SEC Chairman Christopher Cox said in a statement. "The emergency order temporarily banning short selling of financial stocks will restore equilibrium to markets."

    :confused: