Capitalist Hero....I want to throw up! [General]

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Capitalist Hero....I want to throw up! in forum [General]

Tbear
Posts: 2529
Incept: 2007-10-30

Tug Hill

CNBS lauding Hank Paulson as the savior of our economy.
They seem to forget that he ran the firm that created the majority of the worthless crap which has now been foisted on the American Taxpayer.
Hank was the guy who called the problem "CONAINTED" AT $50 Billion. Hell, Merrill alone has written off more than $50 billion.
Who amongst us couldn't solve the ills of the world if they had an open checkbook to the American Taxpayer?
And finally, lest we forget, that **** that Hank and his buddies foisted off on the Fed is, if you use Merrill's pricing, worth about $.20 on the dollar...or about $320 Billion less than what they are telling the people it is worth.
And that is before we spend another trillion dollars to bail our Freddie and Fannie.
Or deal with the **** from Bear Stearns.
Yup.
Great job Hank.
You truly are a notorious American.

2008-07-30 12:35:56
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Aztrader
Posts: 4959
Incept: 2007-09-10
Scottsdale, AZ

I love to see the trade logs from GS right before and after every one of his stick saves. The first major rate cut on Option expiration day had to be really profitable for them. Too bad this info will never rear it's head.....

2008-07-30 12:55:36
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Tbear
Posts: 2529
Incept: 2007-10-30

Tug Hill

AZ,
Hank already said he called them...."after consultation with the heads of several Wall Street Firms"...we decided that this was the best course of action.
I read that to mean he called the head of Goldman, told him they were going to cut rates, and, wink, wink, nod, nod, you know what to do.....

Ted

2008-07-30 13:05:11
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Eli
Posts: 3844
Incept: 2007-09-10

Online

Az you better watch your ass or the SEC will investigate you for starting false rumors.

2008-07-30 13:14:54
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Nda
Posts: 492
Incept: 2007-06-26

Online

Tbear, I was just looking through quotes last night, and this might fit the bill here:

"Facts that are concealed acquire a suspicious importance. Facts that are frankly revealed tend to be regarded as less important than they really are." Hercule Poroit

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Life is a short warm moment, death is a long cold rest. - Waters

2008-07-30 13:18:19
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Bear
Posts: 6649
Incept: 2007-07-10

SoCal, and my avatar is so ****ing small you cant see it

I used to feel the same way when the asshats of Wall Street used to refer to Greenspan as "Maestro"....I wanted to puke

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Cause GS got all the beef.....Mliu

2008-07-30 13:19:48
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Wisc-xc
Posts: 4828
Incept: 2007-07-14

outside chicago

Kneale called Paulson a capitalist hero, and those who opposed the bailouts as extremist zealots. The two moronic gals alongside him agreed in full.

Up is down. Black is white. Love is hate......

2008-07-30 13:23:03
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Ponzi_unit
Posts: 4439
Incept: 2007-09-05

Socialist hero more like it.

2008-07-30 16:02:03
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Aztrader
Posts: 4959
Incept: 2007-09-10
Scottsdale, AZ

Eli,
That would be wonderful, because then we could get an injunction for copies of all their trade logs. Since they would be the only proof that it isn't true....

2008-07-30 17:50:04
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