This is pretty much when the inmates officially take over the prison. Like I said before the conflict of interest for Henry Paulson is glaring. Paulson picks an ex-Goldman Sachs exec to run the office that was created for the bail out package. I guess we were sold a bill of goods. This will not go well imo. http://news.yahoo.com/s/ap/20081006/ap_on_bi_ge/meltdown_kashkari
lol, dont count on it. My wife made a joke this weekend that was very truthful. You can sale drugs and or murder someone and have a chance of getting off. But Tax evasion, your ass is going to jail 90% of the time. Meanwhile the market is down more than 700 points today.
http://www.snopes.com/politics/business/easescredit.asp I don't have enough fingers to point at all the people to blame for this one.
Good find... It completely backs up the article I posted dated Aug 1995. It's easy to see why there was such economic growth during the clinton admin. Of course, as it turns out, that house was built on shifting sand.
The $700 billion is not a measure of the cost of the bailout. It is very possible the final tab for the bailout will not come close to that. Rather, the $700 billion is a measure of the power that has just flowed from Congress to Paulson.
I agree with that, I just dont agree with Paulsons pick to oversee this money. When this guy could have been implicit in some of this economic trouble. I dont know that myself, but the conflict of interest is enough for me.
