sohony

The Paulson Doctrine: An Uncertain Prescriptive for Uncertain Times

paulson's remit is to look after his pals on wall street.

that's fine i guess but is there anyone out there whose remit is to look after the US taxpayer.

i'm not feeling very looked after right now.

paulson is not an elected representative so by US tradition he can look after his own personal interests, bail out his pals and represent the lobbyists who throw money at the republican party.

but where are our elected representatives in all of this?

oops i guess they've been paid off (see the above), isn't that how they raised the funds to get elected in the first place?

just one question: how many trillions will paulson and bernanke be able to give away to their pals on wall street before foreigners loss of confidence in the $, the treasury bond and the US balance sheet creates the huge sucking sound of dollar decline and interest rate expansion.

how rapidly and to what level will US debt be downgraded?

seekingalpha.com/artic...

look out below.

and oh yes, are there enough lobbying $s to pay off china, japan et al and convince them to keep buying our treasuries.....?

or do we have a better idea than bribing government decision makers to keep wall street afloat?

pray tell.....

Why Bail Out AIG's Bondholders?

paulson's remit is to look after his pals on wall street.

that's fine i guess but is there anyone out there whose remit is to look after the US taxpayer.

i'm not feeling very looked after right now.

paulson is not an elected representative so by US tradition he can look after his own personal interests, bail out his pals and represent the lobbyists who throw money at the republican party.

but where are our elected representatives in all of this?

oops i guess they've been paid off (see the above), isn't that how they raised the funds to get elected in the first place?

just one question: how many trillions will paulson and bernanke be able to give away to their pals on wall street before foreigners loss of confidence in the $, the treasury bond and the US balance sheet creates the huge sucking sound of dollar decline and interest rate expansion.

how rapidly and to what level will US debt be downgraded?

seekingalpha.com/artic...

look out below.

and oh yes, are there enough lobbying $s to pay off china, japan et al and convince them to keep buying our treasuries.....?

or do we have a better idea than bribing government decision makers to keep wall street afloat?

prey tell.....