As long as the list is going tilt today much like our finances, I'd seriously look at Paulson's history before I said that I trust him....I'm with John, I clearly don't understand it all but the bi-partisan resistance is noteworthy...
Excerpt from a transcript of a public radio show I heard the other night that was rather illuminating....granted it's slanted to the left but facts are facts "I found this article in BusinessWeek that ran when Paulson was appointed to the Treasury, and I just want to read you one sentence, because I think it's all we need to know about Henry Paulson. This is from BusinessWeek, when he got the appointment as Treasury Secretary in 2006. The headline of the article is "Mr. Risk Goes to Washington." It says, "Think of Paulson as Mr. Risk. He's one of the key architects of a more daring Wall Street, where securities firms are taking greater and greater chances in [their] pursuit of profits. By some key measures, the securities industry is more leveraged now than it was at the height of the 1990s boom." Then it goes on to say that when Paulson took over Goldman Sachs in 1999, they had $20 billion in debts. When he-in these high-risk gambles. When he left, they had $100 billion, which means he took their risk level from $20 billion to $100 billion. So it is absolutely no exaggeration to say that Henry Paulson, far from speaking for Main Street, is actually bailing out his colleagues for some of the very debts that he himself accumulated. This is an extraordinary conflict of interest." After I heard that, I went and read the actual article- http://www.businessweek.com/magazine/content/06_24/b3988001.htm Scary stuff....seems like putting the fox in charge of the henhouse to me. You may now return to your regularly scheduled programming... J From: John Hornbuckle [mailto:[EMAIL PROTECTED] Sent: Friday, September 26, 2008 7:47 AM To: NT System Admin Issues Subject: RE: $700B? I will say this... It's a complex issue, and there are few who truly understand it. I'm not one of those few. Among those few are Bernanke, Paulson, and Buffett (Warren, not Jimmy). I've gotta say, I'm leaning towards trusting their judgment on this. From: Devin Meade [mailto:[EMAIL PROTECTED] Sent: Friday, September 26, 2008 10:29 AM To: NT System Admin Issues Subject: Re: $700B? 700 Billion / 300 Million = $2,333. Thats what every resident (legal and non-legal) will be paying to bail out the crooks. How bout sending US a check instead. Shutting up now. On Fri, Sep 26, 2008 at 9:19 AM, Eldridge, Dave <[EMAIL PROTECTED]> wrote: I like the idea going around to reverse the "trickle down" and start at the bottom and let 700b flow upwards. J From: Vue, Za [mailto:[EMAIL PROTECTED] Sent: Friday, September 26, 2008 7:33 AM To: NT System Admin Issues Subject: $700B? This sounds more like a ransom from the master of evil for wanting to take over Earth or a Lewis Farrakhan lawsuit. -Z.V. ________________________________ This e-mail message (including any attachments) is for the sole use of the intended recipient(s) and may contain confidential and privileged information. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this message (including any attachments) is strictly prohibited. If you have received this message in error, please contact the sender by reply e-mail message and destroy all copies of the original message (including attachments). This e-mail contains the thoughts and opinions of the sender and does not represent official Parkview Medical Center policy. This communication is intended only for the recipient(s) named above, may be confidential and/or legally privileged: and, must be treated as such in accordance with state and federal laws. If you are not the intended recipient, you are hereby notified that any use of this communication, or any of its contents, is prohibited. If you have received this communication in error, please return to sender and delete the message from your computer system. -- Devin ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~
