Well, perhaps it would be better to trust the judgement of Buffett's (Jimmy this time) after all :0 -------------------------------------- Richard McClary, Systems Administrator ASPCA Knowledge Management 1717 S Philo Rd, Ste 36, Urbana, IL 61802 217-337-9761 http://www.aspca.org
"Free, Bob" <[EMAIL PROTECTED]> wrote on 09/26/2008 12:10:21 PM: > 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/> ~
