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Paulson and Bernanke: A Conspiracy of Dunces

The $700 billion would be better spent as a direct grant to U.S. citizens. Rest assured, they will sort the chaff from the wheat of this economy.

But any bailout should exclude anyone financially associated to 535 particular individuals in Washington, D.C.

Is AIG a Buy Following the Government Bailout?

Treasury may well have violated the law. They conspired to seize the private assets of citizens without due process. They fired duly elected board members without cause. They have seized shares of the company without just compensation to fellow shareholders and bondholders or other interested parties.

This, in my opinion, is a clear violation of the constitution and the fiduciary and executive authority of the treasury!