The Lying Thieving Bastards

The proof is in the pen. Henry Paulson, the man leading President Bush's economic bailout efforts, said that buying troubled assets was not the way to go and that he knew that at the time the bill was signed. But buying troubled assets is what the public was sold on as the one and only solution. So sure were the experts that to do anything other than to vote for the "economic stimulus package" to buy the assets was deemed heretical. A massive transfer of wealth, $700B+, was moved from the peoples' pockets to the government's treasury for it to redistribute the ill gotten booty as it deemed necessary.

That's correct. The man in charge, whose former firm is one of the companies responsible for the debacle and the greed that precipitated the economic meltdown, knew that the solution passionately advocated by his bosses was bunk but that he chose to go along with it as long as there were escape clauses in the legislation that allowed him to do whatever he felt was right to fix the problem. What? Have we lost our collective minds? The fox is truly guarding the hen house. But the fox is gorging himself on our savings not our poultry.

 del.icio.us  Stumbleupon  Technorati  Digg 

 

What did you think of this article?




Trackbacks
  • No trackbacks exist for this entry.
Comments
  • No comments exist for this entry.
Leave a comment

Submitted comments will be subject to moderation before being displayed.

 Enter the above security code (required)

 Name

 Email (will not be published)

 Website

Your comment is 0 characters limited to 3000 characters.