Comments on: Why Is Hank Paulson Still Employed by the USA? http://firedoglake.com/2008/09/27/why-is-hank-paulson-still-employed-by-the-usa/ Firedoglake weblog Sat, 18 Feb 2012 02:30:27 -0600 hourly 1 http://wordpress.org/?v=3.1.2 By: wigwam http://firedoglake.com/2008/09/27/why-is-hank-paulson-still-employed-by-the-usa/#comment-1653504 wigwam Sun, 28 Sep 2008 02:05:08 +0000 http://firedoglake.com/2008/09/27/why-is-hank-paulson-still-employed-by-the-usa/#comment-1653504 <p>Paulson is a lame duck who in four months will be seeking work in the industry to which he will hand out hundreds of billions of our dollars — he’ll be the on who decides who gets bailed and who doesn’t. Do we have to turn that very serious responsibility over to an unaccountable lame duck?</p> Paulson is a lame duck who in four months will be seeking work in the industry to which he will hand out hundreds of billions of our dollars — he’ll be the on who decides who gets bailed and who doesn’t. Do we have to turn that very serious responsibility over to an unaccountable lame duck?

]]> By: lambchops http://firedoglake.com/2008/09/27/why-is-hank-paulson-still-employed-by-the-usa/#comment-1653398 lambchops Sun, 28 Sep 2008 00:34:32 +0000 http://firedoglake.com/2008/09/27/why-is-hank-paulson-still-employed-by-the-usa/#comment-1653398 <p>I have a question. Where <strong>exactly</strong> is this $700 Billion coming from? (Why do I get this sneaking suspicion they plan to take it from Social Security?)</p> I have a question. Where exactly is this $700 Billion coming from? (Why do I get this sneaking suspicion they plan to take it from Social Security?)

]]> By: Nanz http://firedoglake.com/2008/09/27/why-is-hank-paulson-still-employed-by-the-usa/#comment-1653350 Nanz Sat, 27 Sep 2008 23:33:12 +0000 http://firedoglake.com/2008/09/27/why-is-hank-paulson-still-employed-by-the-usa/#comment-1653350 <p>So he and h is fingers won’t be anywhere near the till these last critical months?!</p> So he and h is fingers won’t be anywhere near the till these last critical months?!

]]> By: nanute http://firedoglake.com/2008/09/27/why-is-hank-paulson-still-employed-by-the-usa/#comment-1653332 nanute Sat, 27 Sep 2008 23:20:30 +0000 http://firedoglake.com/2008/09/27/why-is-hank-paulson-still-employed-by-the-usa/#comment-1653332 <p>How about making part of the agreement that Paulson is out, and congress gets to choose the interim chair?</p> How about making part of the agreement that Paulson is out, and congress gets to choose the interim chair?

]]> By: Frank33 http://firedoglake.com/2008/09/27/why-is-hank-paulson-still-employed-by-the-usa/#comment-1653306 Frank33 Sat, 27 Sep 2008 22:56:16 +0000 http://firedoglake.com/2008/09/27/why-is-hank-paulson-still-employed-by-the-usa/#comment-1653306 <p>Oh yes.</p> <blockquote><p> “You don’t have money to fund the war or children. But you’re going to spend it to blow up innocent people if we can get enough kids to grow old enough for you to send to Iraq to get their heads blown off for the president’s amusement.”</p> </blockquote> Oh yes.

“You don’t have money to fund the war or children. But you’re going to spend it to blow up innocent people if we can get enough kids to grow old enough for you to send to Iraq to get their heads blown off for the president’s amusement.”

]]> By: KayInMaine http://firedoglake.com/2008/09/27/why-is-hank-paulson-still-employed-by-the-usa/#comment-1653305 KayInMaine Sat, 27 Sep 2008 22:55:43 +0000 http://firedoglake.com/2008/09/27/why-is-hank-paulson-still-employed-by-the-usa/#comment-1653305 <p>Last Thursday morning I had C-SPAN on and the Speaker in charge for the day (can’t remember her name at the moment) told one of our Democrats who had just finished giving her 1-minute speech, “May I remind you to not go after the personalities of our president & vice president, please” or something to that effect. WTF! </p> <p>Are their children being threatened by Dick Cheney or something? Something very strange is happening.</p> Last Thursday morning I had C-SPAN on and the Speaker in charge for the day (can’t remember her name at the moment) told one of our Democrats who had just finished giving her 1-minute speech, “May I remind you to not go after the personalities of our president & vice president, please” or something to that effect. WTF!

Are their children being threatened by Dick Cheney or something? Something very strange is happening.

]]> By: Teddy Partridge http://firedoglake.com/2008/09/27/why-is-hank-paulson-still-employed-by-the-usa/#comment-1653300 Teddy Partridge Sat, 27 Sep 2008 22:52:09 +0000 http://firedoglake.com/2008/09/27/why-is-hank-paulson-still-employed-by-the-usa/#comment-1653300 <p>Perhaps Nancy could introduce a censure resolution. Wasn’t Pete Stark the Congressman she made apologize on the House floor for insulting Dear Leader Bush?</p> Perhaps Nancy could introduce a censure resolution. Wasn’t Pete Stark the Congressman she made apologize on the House floor for insulting Dear Leader Bush?

]]> By: james http://firedoglake.com/2008/09/27/why-is-hank-paulson-still-employed-by-the-usa/#comment-1653294 james Sat, 27 Sep 2008 22:47:01 +0000 http://firedoglake.com/2008/09/27/why-is-hank-paulson-still-employed-by-the-usa/#comment-1653294 <p>I second that. Chimpy will just do whatever he wants which is why ALL of his signing statements have to be abrogated by Obama come January.</p> I second that. Chimpy will just do whatever he wants which is why ALL of his signing statements have to be abrogated by Obama come January.

]]> By: Elliott http://firedoglake.com/2008/09/27/why-is-hank-paulson-still-employed-by-the-usa/#comment-1653288 Elliott Sat, 27 Sep 2008 22:40:17 +0000 http://firedoglake.com/2008/09/27/why-is-hank-paulson-still-employed-by-the-usa/#comment-1653288 <p>Corey Mull sent a message to the members of “Just Say No” to the Paulson Bailout.</p> <blockquote><p>Subject: NoCashForTrash.org</p> <p>I wanted to announce a new site organized to oppose the Paulson bailout. Check out <a href="http://www.nocashfortrash.org," rel="nofollow">www.nocashfortrash.org,</a> a bipartisan effort to keep Congress off the path of socializing risk and privatizing profit. You can submit bailout-related articles and opinion pieces there, as well as sign a number of petitions.</p></blockquote> Corey Mull sent a message to the members of “Just Say No” to the Paulson Bailout.

Subject: NoCashForTrash.org

I wanted to announce a new site organized to oppose the Paulson bailout. Check out http://www.nocashfortrash.org, a bipartisan effort to keep Congress off the path of socializing risk and privatizing profit. You can submit bailout-related articles and opinion pieces there, as well as sign a number of petitions.

]]> By: Katherine Graham Cracker http://firedoglake.com/2008/09/27/why-is-hank-paulson-still-employed-by-the-usa/#comment-1653285 Katherine Graham Cracker Sat, 27 Sep 2008 22:33:27 +0000 http://firedoglake.com/2008/09/27/why-is-hank-paulson-still-employed-by-the-usa/#comment-1653285 <p>The problem that we now face is a credit crisis.<br /> Do we …plenty of financial pundits saying that it it not true.</p> <p>At a Harvard panel discussion yesterday, economist professor Ken Rogoff made an interesting point: The liquidity crisis isn’t real. Or, to restate it: Any liquidity crisis is caused by the promise of a government bailout. Ken said that his many friends in investment banking said that there is plenty of money to invest in financial services, but right now it is “sitting on the sidelines.” Why? Because the financial services industry does not want to pay the terms required to get that money back in circulation (e.g., give up equity). As he put it, why do business with Warren Buffett who will negotiate a tough deal, if you believe that the government will ride in soon with cheaper cash? </p> <p><a href="http://www.creditslips.org/creditslips/2008/09/is-the-crisis-r.html#more" rel="nofollow">http://www.creditslips.org/cre......html#more</a></p> The problem that we now face is a credit crisis.
Do we …plenty of financial pundits saying that it it not true.

At a Harvard panel discussion yesterday, economist professor Ken Rogoff made an interesting point: The liquidity crisis isn’t real. Or, to restate it: Any liquidity crisis is caused by the promise of a government bailout. Ken said that his many friends in investment banking said that there is plenty of money to invest in financial services, but right now it is “sitting on the sidelines.” Why? Because the financial services industry does not want to pay the terms required to get that money back in circulation (e.g., give up equity). As he put it, why do business with Warren Buffett who will negotiate a tough deal, if you believe that the government will ride in soon with cheaper cash?

http://www.creditslips.org/cre……html#more

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