Comments on: The F Word: Why Paulson "Understood" the Bailout http://grittv.org/2008/09/29/the-f-word-why-paulson-understood-the-bailout/ Cultivating a Better Conversation Sat, 14 May 2011 01:31:38 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Aquifer http://grittv.org/2008/09/29/the-f-word-why-paulson-understood-the-bailout/comment-page-1/#comment-1188 Aquifer Tue, 30 Sep 2008 01:28:25 +0000 http://www.grittv.org/2008/09/29/the-f-word-why-paulson-understood-the-bailout/#comment-1188 <p>Unfortunately, you seem to have left out the bipartisan “fix” on the bailout. To whit: Goldman-Sachs one of biggest contributors to both Obama and McCain. Goldman-Sachs, (prior?) home to Paulson, current Treas. Sec. and Rubin, Treas Sec. under Clinton, major proponent of financial deregulation, including repeal of Glass-Steagall, now involved with Citigroup and economic advisor to Obama. Both Goldman and Citi are major beneficiaries of bailout at a time when some of their rivals have been allowed to bite the dust. Buffett buys in to GS a day after it is allowed to reorganize as a “bank holding company” but GS stocks go up 2 hours before announcement. Who’s the “insider” here?</p> <p>C’mon guys, this whole things smell from either nostril. Wait and see if Rubin doesn’t wind up as Treas. Sec. if Obama wins. If you want another perspective, why don’t you talk to Kucinich, a Dem. who voted NO on this bailout.</p> <p>Sorry, I know you guys love Obama, but “he’s no FDR”. I think you are really missing the big picture, here. Your “hope” is as misplaced as would be the $700 billion if this deal had passed.</p> <p>Don’t get me wrong, McCain is a wolf. But I think you do your viewers a disservice by not pointing out that Obama is a wolf in sheep’s clothing. Or, if you prefer another canid, whether blue or red, both foxes are raiding the hen house and are eating both your nest eggs and the chickens who laid them.</p> <p>(Sorry for double post, but THIS is where I think it belongs)</p> Unfortunately, you seem to have left out the bipartisan “fix” on the bailout. To whit: Goldman-Sachs one of biggest contributors to both Obama and McCain. Goldman-Sachs, (prior?) home to Paulson, current Treas. Sec. and Rubin, Treas Sec. under Clinton, major proponent of financial deregulation, including repeal of Glass-Steagall, now involved with Citigroup and economic advisor to Obama. Both Goldman and Citi are major beneficiaries of bailout at a time when some of their rivals have been allowed to bite the dust. Buffett buys in to GS a day after it is allowed to reorganize as a “bank holding company” but GS stocks go up 2 hours before announcement. Who’s the “insider” here?

C’mon guys, this whole things smell from either nostril. Wait and see if Rubin doesn’t wind up as Treas. Sec. if Obama wins. If you want another perspective, why don’t you talk to Kucinich, a Dem. who voted NO on this bailout.

Sorry, I know you guys love Obama, but “he’s no FDR”. I think you are really missing the big picture, here. Your “hope” is as misplaced as would be the $700 billion if this deal had passed.

Don’t get me wrong, McCain is a wolf. But I think you do your viewers a disservice by not pointing out that Obama is a wolf in sheep’s clothing. Or, if you prefer another canid, whether blue or red, both foxes are raiding the hen house and are eating both your nest eggs and the chickens who laid them.

(Sorry for double post, but THIS is where I think it belongs)

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