Comments on: Wasserman Schultz: ‘Mr. Paulson Seems To Be Flailing About A Bit’

By: Anacher Forester

Anacher Forester — Sun, 30 Nov 2008 01:46:29 +0000

Paulson’s a mess. The last time I saw him he trailed behind Bush as the latter came down the Treasury steps. Paulson looked crazy-assed twitchy.

-AF
Andrew Sullivan Is A Fraud

By: ctrotter

ctrotter — Fri, 28 Nov 2008 06:07:01 +0000

Our prisons are over-filled with people who committed nonviolent — drug-related crimes. I do not condone the actions those incarcerated individuals committed. Yet, today, no mention is made of the individuals who may have brought our society to its knees…all in violation of our laws. I cannot accept that our greed-ridden professionals not be indicted for their participation in the greatest Ponzi scheme ever perpetrated:

Realtors
Brokers
CPAs
Appraisers
Builders
Bankers
Financial Consultants
Congress

Confiscate all investments made by these folks and we will find the money that went up in smoke over the past 30 years. The Chinese impose a penalty for such criminality…The family must pay for the cartridge. Gets your attention!

By: sacopenapa

sacopenapa — Thu, 27 Nov 2008 18:29:00 +0000

The Bail out spells CRIME SCENE all over it! They are looting the treasury! Arrest Paulson! Follow the money and arrest the rest of the criminals, their adress is Pensilvanya Avenue…

By: dawnstorrud

dawnstorrud — Thu, 27 Nov 2008 13:25:31 +0000

The actions are criminal and just because these guys are going to be out of office on Jan 20 does not mean we should not be pursuing impeachment, which would strip them of their illgotten gains and provide just a little moral resolution for the rest of us

By: Game of Life

Game of Life — Thu, 27 Nov 2008 06:33:34 +0000

She talks the talk, but waddles on her walk.

By: Game of Life

Game of Life — Thu, 27 Nov 2008 06:13:41 +0000

Didn’t pauly admit to pulling the figure ($700B) from his ass?
I distinctly remember, ass and pull.

This is chimpy’s last big money grub before he’s ran out of office. “If” chimpy was a foreign dictator his actions would be criminal.

Some of these old dems aren’t worth shyte.

By: Goldstandard

Goldstandard — Thu, 27 Nov 2008 04:28:26 +0000

We the US taxpayers are now on the hook for over 7.5 trillion dollars. Wouldn’t it be nice if we could all go to the Fed window and borrow all we wanted? I wonder just how many of these people are going to go to jail for what they have done? The answer is probably none, but we’re supposed to feel all warm and fuzzy that many at the top on Wall Street will give up their year end bonus.
Well, it sure doesn’t make me feel any better considering they socked away billions in compensation over the last five years, so I doubt their hurting, but I do know what a lot of people are going to do this holiday season. Their going to spend their credit cards to the max and come the end of the year, just stop paying their credit card bills and let the banks hang. Sure you might kill your credit rating, but what the hell. If Citibank can raise your credit card rates even if you never missed a payment and paid more than the minimum, then why not as long as you continue to make your rent or mortgage payment and can still afford to eat and get to work.
The entire financial system is rotten from the top down and as Obama has said and keeps repeating, we’re all going to have to make a sacrifice. Haven’t we sacrificed enough? They killed everyones summer vacation by driving the price of gas beyond $5 a gallon and then bring it down rather than watch the masses storm the White House after the stories of people freezing to death in the dead of winter starts poping up on the MSM. If gas has fallen as far as it has, then why is the price of food still going through the roof?
No doubt that the bankers at Wachovia that are getting their 98 million in bonuses will sleep well also at tax payer expense. Congress should hang its head in shame as they let this happen by looking the other way and then the Federal Reserve has the gall to refuse a FOIA request from Bloomberg as to how OUR tax dollars are being spent. Thankfully Bloomberg has turned this into a court case. What ever happend to accountability? Pathetic to say the least. Paulson, Bernanke and Bush should be tarred and feathered and then kicked out of the front door of the White House. That would be jacks for openers. Happy holidays one and all.
reply edit record video comment reblog flag

By: bogglesthemind

bogglesthemind — Thu, 27 Nov 2008 03:52:11 +0000

Heck-of-a-job Pauly!

By: Max-1

Max-1 — Thu, 27 Nov 2008 02:18:03 +0000

Sorry folks,
Rep. Debbie Wasserman Schultz (D-FL) seems to be calling the kettle black. Ms. Wasserman has been flailing around at holding members of this Administration accountable for their crimes. When she’s willing to act, THEN she should speak. Until then, members of the House Judiciary Committee who lack the gumption to actually exercise their Duty should avoid using language that can, and rightfully so, be used to describe themselves.

Ms. Wasserman has many words, like other members she sits with on that Committee, but few live up to the rhetoric. She’s lacking the actionable support of her diatribe. All words, no action…
… Well Debbie, money meet mouth!

By: thomthum

thomthum — Thu, 27 Nov 2008 01:27:41 +0000

Alot of times people will say that history and the passage of time will show the President in a better light. I believe that history will show this guy as THE worst President in the history of the country….the bottom of the list. The “Shitbag di tutti Shitbag”. I don’t know where the bottom is with this or if we will ever really fully recover from it.

I guess the only good news is that anything that happens after January 20 can only be an improvement. But that ain’t saying much.

Stop the bleeding!

By: Xisithrus

Xisithrus — Wed, 26 Nov 2008 23:33:42 +0000

Here are some of the companies that are on all of the synthetic CDO reference lists: the three Icelandic banks, Lehman Brothers, Bear Stearns, Freddie Mac, Fannie Mae, American Insurance Group, Ambac, MBIA, Countrywide Financial, Countrywide Home Loans, PMI, General Motors, Ford and a pretty full retinue of US home builders.

By: Xisithrus

Xisithrus — Wed, 26 Nov 2008 23:09:29 +0000

What Paulson is not saying is that hes actually bailing out the unregulated opaque global derivatives gamblers.

The subprime thing is but a canard to get bailout funds. Guess who else was big in these derivatives?

The big three.

By: Bilbo Hussein Baggins

Bilbo Hussein Baggins — Wed, 26 Nov 2008 23:02:10 +0000

vinylspear Says:
I have withdrawn all of my savings from banks.
This is the biggest con of the American people. They don’t seem to be getting it.
I am debt free, Paulson can go to hell.

I too am debt free and would be taking my money out of the bank if it wasn’t in a local credit union. Our credit union hasn’t had one foreclosure and has had relatively few people default on personal loans. I trust them with my money.

By: Bilbo Hussein Baggins

Bilbo Hussein Baggins — Wed, 26 Nov 2008 22:58:25 +0000

seems to be flailing about a bit

That’s certainly an understatement. Paulson hasn’t a clue what he is doing and if Congress lets him get his hands on the rest of the 700 billion, it will be a criminal act. Paulson has given money away with no oversight and no end results. I heard on the radio today that a large company with perfect credit has been turned down by a bank financing leased cars. They were told that they were not a good “credit risk”. What’s really going on here is that the banks are taking the money and sitting on it, not releasing credit to borrowers.

No one should get another penny until 1) there are people in place to monitor how the money has been spent and 2) there are very stiff conditions put on getting the money.

On the other hand, I hear that AIG is back once again asking for more money. If they can’t stay afloat with what we have given them, then the government should take them over or let them die. This bailing out wall street and ignoring main street has gotten way out of control.

By: Wayne

Wayne — Wed, 26 Nov 2008 22:47:10 +0000

We would have preferred not to see the ‘Who’s on First?’ routine between Secretary Paulson and Fed Reserve Chairman Bernanke because they seem to come by it naturally, whereas at least Abbott and Costello had to practice it to put forward that state of confusion.

Actually I was thinking more along the lines of the keystone cops, not Abbott and Costello…….

By: GL2814

GL2814 — Wed, 26 Nov 2008 22:46:14 +0000

This whole “bailout” stinks to high heaven. Companies like AIG, Citigroup, Wachovia, WaMu, the Big Three Automakers: I say don’t give them a single penny. Tell each of these incompetent corporations to go file Chapter 11 bankruptcy protection and re-organize, like everyone else. Why are we suddenly throwing insane amounts of money at these companies? It’s not going to solve the problem. IMHO, bankruptcy is the appropriate solution, yet nobody is even discussing that as a potential option. As I said before, something isn’t right about this. It stinks. It could very well be we are the willing participants in what could be the biggest scam ever devised on the American people. A scam of untold trillions of dollars, which you, me, and the next several generations of Americans are going to have to payback.

In short, the bailout is bulls**t!

By: Klem Kiddilehopper

Klem Kiddilehopper — Wed, 26 Nov 2008 22:35:27 +0000

Why is in it sports when the team is losing more than it’s winning, the coach is fired? How come the losers in the banking world, the ones who destroyed the markets continue to have jobs?
Can anyone explain that for me?

By: WaltTheMan

WaltTheMan — Wed, 26 Nov 2008 22:25:21 +0000

Chuck,
Be careful with the benevolence – I’ve paid off my mortgage!

Impishparrot,
Every time I see Paul, I think of his brother Pat. Actually Pat would be a better candidate for Tres. Sec. despite the fact that he is dead.

By: Impishparrot

Impishparrot — Wed, 26 Nov 2008 22:16:59 +0000

Every time I see Hank Paulson these last couple of days, he appears in my head as a cross between Peter Boyle as the ‘tap-dancing’ Frankenstein (in Mel Brooks and Gene Wilder’s brilliant 1974 Young Frankenstein) and Tim Curry’s turn as Dr. Franken-N-Furter (in Jim Shamman’s 1975 Rocky Horror Picture Show). Yes, the whole episode is one big freakishly expensive macabre side show.

By: hivanh

hivanh — Wed, 26 Nov 2008 22:09:03 +0000

It will go down in our history as stupefying that anyone who is as incompetent and as much of a complete idiot as Paulson is could ever rise to the position he is holding. I am just flabbergasted at the outrageous and embarrassing behavior. Your(my) tax dollars at work.