Who likes Paulson (poll)?

We the People did not "give them THAT power".... they took advantage of their position and our trust.

We expect [and perhaps naively so] that our elected leaders will act in the best interest of our country and our people.

Of course, I and some other ET'ers understand... most Americans do not.

 

This is hilarious. I pissed all over myself.

http://traderx.blogspot.com/2008/09/suspicious-email.html

 

oh same old puppet whiners...

paulson this and that.

give me a break.

when do you start thinking by your own head and begin tossing the rubbish propaganda you read on the web and watch on tv? dont you realize you're being manipulated?

do you really think paulson is bailingout ib's to fulfill his personal agenda? he is a brilliant former ib that changed careers to help the american people at his own expense, by dispensing an astronomical salary package at gs. he is one of the most astute politicians in washington these days. he is doing his job and doing it quite well.

now bailing out the whole system is financial socialism, they say?

ahahah

now imagine the consequences of the whole system cracking down. you might see a glimpse of what out-of-control laissez faire capitalism is. under this scenario, you'd have to face the closure of most of the financial exchanges and a steep and painful adjustment would last nothing less than a few decades. most if not all et members would be out of business, not to mention some millions starving on the streets.

 

Both parties in Washington are about to screw us over on an unprecedented scale. They are threatening us with fiscal apocalypse if we don’t fork over $700 billion to Treasury Secretary Henry Paulson and allow him to dole it out to whomever he chooses in whatever amount he chooses — without public input or recourse. They are rushing like mad to cram this Mother of All Bailouts down our throats in the next 72-96 hours. And right there in the text of the proposal is this naked power grab: “Decisions by the Secretary pursuant to the authority of this Act are "non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.”

Stop.
My question for fellow conservatives:

Do you trust this man? I don’t.

Do you trust Hank Paulson’s judgment? I don’t.

Listen to what he said about the subprime crisis in April 2007 http://www.reuters.com/article/gc06/idUSWBT00686520070420

 

Paulson files to sell $500 mln of Goldman stock

By Steve Gelsi, MarketWatch
Last update: 2:12 p.m. EDT June 30, 2006

http://www.marketwatch.com/News/Story/43xRFhd1RRlnqg1H1BkmTP4?siteid=google&dist=TNMostMailed
.....

Interestingly, under U.S. government ethics rules, while Paulson is required to sell the shares, he is also exempt from paying taxes on any capital gains on the sale if he obtains a certificate of divestiture. The rule granting the exemption is designed to make sure prospective government employees who own a lot of stock are not dissuaded from joining the government.

Earlier this week, the Economist magazine estimated the rule eliminate a tax liability of up to about $200 million for Paulson

the article is a little old

 

what's the point? he had to sell it, so he sold it. full stop.
he was a good ceo - look at how much mortgage writedowns GS had compared to anybody else on the street!!!!!

 

So now we know why we have so many GS scumbags in government - so they can unload their shares without paying any taxes. Very smart. And you sheeple probably thought they joined the government to do public service.

 

hes doing a fine job. the free marketeers who are crying at the gse bailout need to wake up that there is no santa claus and the free market cant solve everything. a market is just a group of people full of biases and irrational behaviors

 

where is the "Who likes Cox?" poll

 

well it certainly challenges the idea that he was serving out of altruism.

It is always very hard to trust people from New York.

I like Reagans classic trust but verify. But, for wall street its is only do business with them if you have to (if you are an outsider.)

The working class in New York thinks they have a right to take your money because you are a sucker.

And the well educated guys think they have a right to all your money because they are well educated and part of the elite.

So even though I believe Paulson thinks that this 700 billion is necessary and there is a slight chance this could work... I have to question his motives at all times when it comes to money. It is the only way to treat people from Goldman and the rest of Wall street. It is their culture.