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Henry Paulson: Treasury Secretary Or Cheerleader?

President Bush, on the nomination of Henry M. Paulson as Treasury secretary, 5/30/06:

[W]hen he is confirmed by the Senate, he’ll be a superb addition to my Cabinet. … The Treasury Secretary is the leading force on my economic team and the chief spokesman for my economic policies.

Sound familiar?

On John Snow, 12/9/02:

He’ll be a superb member of my Cabinet. … I’ll be proposing specific steps to increase the momentum of our economic recovery, and the Treasury Secretary will be at the center of this effort.

On Paul O’Neill, 12/20/00:

The secretary of treasury is the chief financial officer of our nation, the successor to Alexander Hamilton. … I found such a man in Paul O’Neill.

Despite the talk, both were pushed out of the President’s inner circle and relegated to the role of administration cheerleader. O’Neill “found himself on the outs after he aggressively pushed an agenda of his own” and Snow “has had little to do but promote policies made by others and wave the flag for economic growth.”



19 Responses to “Henry Paulson: Treasury Secretary Or Cheerleader?”

  1. Matthew J. Price says:

    Bush is so damned arrogant and retarded that other Riech-Wing Conservatives can’t even stand working with him for very long. I almost feel sorry for Mr. Paulson and I would feel sorry for him if it weren’t for the fact that Chimpy picks appointments based on how good they are at the game of “grab and go.”


  2. Zookeeper says:

    His parting gift will be plastic sheeting and duct tape. Go Team!!


  3. Matthew J. Price says:

    Yet another indictment waiting to happen.


  4. Matthew J. Price says:

    These people ain’t nothing but pure trash!


  5. Ugh says:

    I don’t know, I find it hard to believe someone would leave the large pile of cash behind that Paulson did without some confidence he would be taken seriously. Of course, if I had thought about it I probably would have said the same thing about Snow and O’Neill.


  6. DieNowForPeace says:

    Politicians (cabinet members too) are self-serving, ego-maniacs.

    Next topic?


  7. Hardy Haberman says:

    You gotta wonder when it goes from “superb member of my cabinet” to “doing a heck of a job”. After that it’s a medal of freedom and the door.


  8. Zookeeper says:

    In my work I have a number of form letters I use: letters to file documents, request documents, record documents, pay up die letters, etc. It has finally occurred to me why that clicks: Georgie has a form letter brain.


  9. TJM says:

    Maybe Paulson will be different in that he comes from the same firm,if not the same cloth,as Rubin,who was fairly (!)successful as Clinton’s Treasury Secretary. Goldman is no place for wimps and to be the head of it takes a lot of negotiating skill particularly with other sizable egos such as the “decider’s”.


  10. Wayne says:

    Georgie has a form letter brain.

    Comment by Zookeeper

    ROFLMAO

    Oh, what a blistering insult to form letters everywhere.


  11. anonymous says:

    Paulson is one of the first adults to enter W’s cabinet. I would guess he’ll leave if W treats him like he treated O’Neill. Then it could be a lot of fun to see what he sez. Keep tuned. This could be one of the better moments in the W White House.

    Off the subject, Rep. Charles Rangel (D-NY’s Harlem), when asked what he thought of W, said, “Well, I really think he shatters the myth of White supremacy once and for all.”


  12. Zookeeper says:

    Oh, what a blistering insult to form letters everywhere.
    Comment by Wayne

    I know, I really hated to do it, but the form letters told me it was ok.


  13. Keith H. says:

    This outfit has a faster turn-over than the local mickey-dees.
    They’ll be fresh out of friends for the job before long.


  14. dumbstruck says:

    Use ‘em and lose ‘em.


  15. Dave says:

    A NOVA Documentary titled “Global Dimming” aired on PBS today, it revealed that because of particulate pollution from cars, power plants, Jet planes etc. which gather in the upper atmosphere the real effects of green house gases are being negatied. This NOVA program featured all the leading scientists on the issue including James Hansen the guy who’s reports where censored by an former exxon employee in the administration.So in fact what is occuring is the real state of global warming is much worse than we can tell here on the ground because these “particulates bonding with water molecules” in the atmosphere “are creating a mirror effect” sheilding us from the actual state of global warming.

    Fact: Replace one 75 watt light bulb with a 15 watt fluorescent and you save 500 pounds of coal a year thereby reducing Co2 emmissions as well as mercury dust which is also released from burning coal.

    Our household has cut our electric bill IN HALF by swithcing all our light bulbs to fluorescent.


  16. theswan says:

    What kind of person would take a job having to listen to the dimwhit incharge? It just strikes my kinda funny how someone who is supposed to be intelligent could work under these conditions. The ego must be enormous and the pay irrestible.


  17. Zimzone says:

    Cheerleader?
    Isn’t Bush a former Yale cheerleader?
    Paulson may turn out to be effective,
    time will tell, but the only cheerleader
    around the White House is ‘W’.
    Give me a B!
    Give me a U!
    Give me an S!
    Give me a f*cking break…


  18. JustJohn says:

    There is nothing Mr. Bush can do to gain confidence from anyone in this world except resign. If I were such a failure at my job, that would be an easy decision.


  19. Kathy B says:

    Don’t feel sorry for Paulson. He gets to unload a heafty chunk of Goldman Sachs stock tax free, stock he has rarely ever sold. Why else would you leave a job like his with GS? I wouldn’t mind having to listen to Bushie if I got to sell millions of dollars of stock TAX FREE! Oh the perks of working for our federal government.



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