Paulson’s Goldmen

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  • Posted By: underdog @ 09/28/2008 3:34:50 PM

    Congress and the senate are demanding stipulations and concessions from Wall Street for the bailout. I believe the voting public should be demanding concession and stipulations from the politicians for the bailout. How about an amendment to the Constitution for term limits for congressmen and senators. 2 terms max. good enough for the president, good enough for for senators and congressman. Anymore then 2 terms and they have become part of the problem. not the solution.

  • Posted By: radioman390 @ 09/28/2008 3:33:00 PM

    Recall all elected officials in Washington.
    Sue Boards of Directors of failed corporations. (they hired and directed CEOs to do this)
    and
    Retroactively tax all bonuses over $75,000 at a 95% tax rate.

  • Posted By: MarTay6 @ 09/28/2008 3:31:43 PM

    Interesting... here we have a bailout for people who make more in a year- and being paid for by people who'll never see that much in a dozen lifetimes.
    Then we have another story... "Somali pirate demands $20 million ransom".
    Seems to me the only difference between the two stories is the size of the crime...

  • Posted By: radioman390 @ 09/28/2008 3:30:59 PM

    No more incumbents.
    And while we're at it, retroactively tax al bonuses over $75,000 at 90%.l

  • Posted By: underdog @ 09/28/2008 3:24:13 PM

    This is when you note who voted for the bailout, in both congress and the senate. Next election you tell them that there are term limits, and their term is up. Also, if they've had more then two terms in office, they are a career politician and need to go. Holds true for democrats and republicans. They allowed this to happen. They have failed at their job of protecting the citizens. Time to go!!

  • Posted By: il10per @ 09/28/2008 3:18:04 PM

    Well I see part of the problem right there. He's getting advice from a Jester. Even in the most ancient of times whenever the court Jester gained the ear of the King the Kingdom soon fell. May seem like a small thing now, but when this bailout ultimately FAILS and we enter the 2nd great world depression how do you think history will record this? Is it REALLY too much to ask that the people who are making these decisions NOT be in the hip pocket of the very same people who caused the problem int the first place?

  • Posted By: pusscat @ 09/28/2008 3:13:34 PM

    By this time next year I'm afraid the United States will resemble Washington Mutual. Falling while these executives that brought it all about have bidding wars over the remains of our country.

  • Posted By: gonzo510 @ 09/28/2008 2:55:21 PM

    Round up the usual suspects.... unfortunately our government is run by wall street money. It's no longer for the people by the people. Eliminate K street lobbying and enact serious campaign finance reform otherwise nothing will change.

  • Posted By: lihansen @ 09/28/2008 1:33:05 PM

    Why does everyone here REFUSE to tie this Democratic Congress to ANY OF THIS? Are you THAT stupid? Bush should be impeached, Paulson and Benacke fired and everyone else voted OUT. They are robbing you blind and you refuse to see it. They either have to be the dumbest Congress on record and that includes both candidates, or complicent in this fraud.

    • Posted By: Braes @ 09/28/2008 1:45:00 PM

      Because the table was set with Gingrich and the deregulation empire. The door was opened with Reagan and Supply-Side. Bush simply took the last locks off the doors, with Republican lock-step rule.
      Philosophically, this is all on your doorstep. You won the arguments, destroyed your opponents, got your way, all of the legislation, all of the time.
      I have been part of the political process since Reagan, as a Reagan Democrat. I believed in this, and was wrong. You have to have enough cop to deter crime. You have to have enough regulation to prevent this folly.
      You think this is the Democratic Left that has done this? Hardly. They have been driven to extinction in the last 30 years. That woooooosh you hear is the pendulum coming back. I am guilty of being fooled by the spinmonekys and liars. The Democrats are hardly at all responsible for any of this.
      I smell a 1932 election.
      I will support the left until death. I do not see even a remote chance of trusting a Republican to run anything more than their mouth.

  • Posted By: riddelup @ 09/28/2008 1:39:49 PM

    Paulson comes from wall street all of his ties are wall street, his motives are wall street, and he was weened at wall street. What is your point? All know he owes his allegiance to ?????

  • Posted By: Sfranco @ 09/28/2008 1:38:54 PM

    http://www.youtube.com/watch?v=cMnSp4qEXNM&feature=related

  • Posted By: Sfranco @ 09/28/2008 1:37:40 PM

    OUR LEADERS--the last 8 years: Fannie Mae & Freddie Mac:
    http://www.youtube.com/watch?v=cMnSp4qEXNM&feature=related

  • Posted By: Sfranco @ 09/28/2008 1:36:38 PM

    Fannie Mae& Freddie Mac How of Leaders voted the last 8 years:
    http://www.youtube.com/watch?v=cMnSp4qEXNM&feature=related

  • Posted By: voicewithin @ 09/28/2008 11:45:33 AM

    Thank you Rep. Roy Blunt Republican from Ohio and thank you John DOUBLE TALKING McCain...

    YOU NAUGHTY MEN DENIED HELP FOR HOMEOWNERS...

    Again the middle class and the poor must each pay about $2,000.00 inadditon to loosing homes, Heaven Forbid!

    HOW COULD YOU TURN YOUR BACK ON THE NEEDIEST??

    For more information on Johnny this way that way McCain and his sidekick Sarah LOST Palin visit: http://www.ibelievethis.us

    • Posted By: Braes @ 09/28/2008 1:33:44 PM

      The GOP sees you as an ant on the sidewalk, and they have the magnifying glass.
      They aren't there to take a look.

  • Posted By: paternlind @ 09/27/2008 10:45:21 PM

    I was all behind the bail out until I learned after the debate that the money was bailing out foreign banks as well. And I became dead set against it after listening to leading economists on Lou Dobbs saying it was trickle down economics. The money would be better used to create an unemployment fund to cover those who loose their jobs. The amount of money we are giving these failing banks could finance the building of cars that do not use

    • Posted By: paternlind @ 09/27/2008 10:59:52 PM

      Cat stepped on keyboard here is edit
      do not use oil. We could create new jobs in alternate energy. The economists claimed this was fear mongering by the Bush Administration and those tied to the failing banks. The 700 billion bailout will leave the nation for years unable to help the middle class and below taxpayer for significant amount of years.

      • Posted By: Braes @ 09/28/2008 1:32:36 PM

        Yeah, I know about the fear mongering, and remember the mushroom cloud-gig that scared us into getting Saddam. I know they are sick evil pathological liars. I can smell the scum from here.
        The difference is that this time it is the Bushmen with the nuclear trigger, and they can do us in, if we do not pay the extortion. They want to.

  • Posted By: williambanzai7 @ 09/28/2008 12:52:44 AM


    THE GREAT SUBPRIME TITANIC (Oh It Was Said)
    WilliamBanzai7

    Oh, they built the Subprime Titanic, to choke the markets blue
    And they thought they had a sleazy model that the water wouldn't go through
    But the good Lord raised His hand, said this $h*t is made of sand
    It was said when the great subprime ship was written down.

    Chorus: Oh, it was said, so said
    It was said when the great subprime ship was written down
    To the bottom of the mortgage bubble sea
    (Uncle Goldman, Aunt AIG small investors lost their pants)
    It was said when the great subprime ship was written down.

    O they were not far from shore when they heard that mighty roar
    And the Wall Street rich refused to associate with the Main Street poor.
    So they put them down below where they'd be the first to go
    It was said when the great subprime ship was written down...

    Chorus

    The Chinese Central Bank a thousand miles away
    never heard of CDOs 'cus the crew had hit the hay
    Captain and crew never knew that piled up ship was through
    It was sad when the great subprime ship was written down...

    Chorus


    The moral of this story is very plain to see
    Always wear a life preserver whenever you sail past the sea of Wall Street greed
    Uncle Goldman, Aunt AIG, small investors lost their pants
    It was said when the great subprime ship was written down...

    Chorus

    Ker plunk it sunk! what a rotten piece of quantitative junk!
    Double Asset Bubble, You're in trouble
    The end. Amen!

    • Posted By: Braes @ 09/28/2008 1:30:01 PM

      I am an Arkansan, can this be set for Banjo? It is really good. I want to play it coming home from the polls, where I will vote for Obama. (I think we're a pretty blue state, not lean McCain. The GOP was shredded here after Katrina.)

  • Posted By: mccainsupporter @ 09/28/2008 1:09:40 PM

    Independent voters and many voters who might otherwise vote for a Democratic candidate do not like running out of gas or waiting for hours in gas lines. Vote for Senator John McCain and Governor Sarah Palin if you worried about having gas available to put in your gas tank. Atlanta voters know that Democratic hot air will not fill your gas tank. Democrats should be happy, oil companies are not making record profits selling gas because there is now no gas to sell. Democrats have finally accomplished their goal in the Southeast. Independent voters do not like running out of gas or waiting hours in gas lines. Why should Barack Obama insist that the removing the offshore ban should be part of a comprehensive energy ban? Why should it be a bargaining chip. Lifting the offshore oil drilling ban is the right and appropriate thing to do and should not have been used as a Democratic leadership fillibuster or extorsion tool to extract concessions on other issues. The current gas lines and closed gas stations with no gas in the Southeast including Georgia, Tennessee, and North Carolina are just a prelude of what we can expect under Barack Obama and Joe Biden energy policies of limited offshore exploration and no new refineries. Although these gas lines are an immediate result of the recent hurricane Ike that hit Galveston and the Gulf coast, they are indicative of the tenuous nature of our refinery capacity and existing supplies of petroleum. Our refineries have been stretched to their limits for decades. Do you think, oil companies are going to invest in the future in new refineries in the United States given the tepid Democratic Party leadership support of the oil industry and their insistence on mandates for alternative energy sources. Oil companies would have to be crazy to invest even a nickel in new refineries or even do basic repairs to existing refineries. It is also a shame that the gas lines and empty gas stations are mainly in the Southeast which will become Redstates for McCain/Palin next month. It would be more poetic justice that the blue states of the northeast should suffer from the gas shortages caused by their Democratic leadership. The Northeast has been lockstep in their opposition to offshore oil drilling, nuclear power, clean coal, and even wind energy in the Massachusetts Bay area.

    • Posted By: Braes @ 09/28/2008 1:25:10 PM

      Nice diatribe. Get Caribou Barbie to explain "Credit-Default Swap."
      (I'll be waiting for you in hell.)

  • Posted By: avgguy @ 09/28/2008 1:01:10 PM

    Once again we are seeing that money goes to money. How in the world can you craft a solution that benefits America, when most of the people crafting the solution are ex-investment bankers. Their unadulterated bad judgement and greed is without parallel. Now they are demanding a bailout or they say the economy will go further south. Sounds like a threat to me. Those who screwed up should pay the ultimate price. I am betting that this is not the last bailout...

  • Posted By: austin c @ 09/28/2008 12:45:51 PM

    The root cause of the crisis is the failure of subprime mortgage loans, which has been heavily influenced by politics in Washington DC as described below
    http://www.youtube.com/watch?v=H5tZc8oH--o
    Let's hope the financial institutions have learnt the lesson of never get into this type of loan again.

  • Posted By: ethicsbob88 @ 09/28/2008 11:58:06 AM

    Paulson should have done the honorable thing and resigned. He failed to see or chose to ignore the looming crisis and therefore has no credibility in fixing it.

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