Levitt, Siegel and Poole on the Paulson Plan

[jpandyaraja]

LAUGH KARL (MAX ) LAUGH !!!

the paragons of free market are going communists !

so much for "creative destruction " advice give to japan by the same people few years ago

[KEYOTWISTEDJOKER]

Have you Americans been scared enough yet by your goverment?

If so, once again you will now have to sit back and suck it up.

[armyveteran101st]

This is not a "bailout", people! This is the rescue of regular Americans, and keeping them from suffering the consequences of what would turn into an economic catastrophe if the market is allowed to follow its impersonal, cold course without interference...

[Ian7570]

So, if the bailout goes through American taxpayers are on the hook, there will be no accountability and a very few people are bound to become disgustingly rich (most likely the top people in the Bush administration...Bush, Cheney, Paulson etc...). If the bailout doesn't go through you face a huge economic crisis. Wow, great choices.

[ficote72]

Tax payer should own what they bail out?

No way, that's not Paulson's plan. His plan is to bailout goldman keeping their shares private and lending to tax payers the same money they are taking from them, it is a no lose deal, I take your money and lent it to you back charging the usual usury on the money.

[mastior]

TAX PAYORS MUST OWN WHAT THEY BAIL OUT Tax Payors must OWN what they bail out.

NO MORE FEDS,

America Investment Reserve, fed res, is unneeded.

Congress/Senate must originate its own Reserve

since they are the ones who have the BUCKS.

1. Where's the World Money Mkt. when America needs it?

2. Stop GIVING Tax Dollars to other countries

3. Time to collect money owed to USA.

4. No Profitizing, NO CEO's

5. PAULSON LIES, JEWS BAILING OUT THE JEWS

[mastior]

Tax Payors must OWN what they bail out.

1. Where's the World Money Mkt. when America needs it?

2. Stop GIVING Tax Dollars to other countries

3. Time to collect money owed to USA.

[virginlampoil]

Interesting... that the next failure may have been Goldman Sachs, the firm Hank Paulson was the CEO of.

Wonder how many friends he has there? and how responsible he still feels about keeping the firm intact?

[digitalhermit]

Who's paying for this bailout? It's not the "taxpayers". Rather, it's anyone who has a 401K or IRA or any other form of savings in US dollars. By creating $700 billion out of thin air Paulson is kick starting the next round of confiscation through inflation, soon to be hyperinflation - Zimbabwe style baby!

[rh7onda7]

Ron Paul has the answers.

Google Campaign for Liberty

campaignforliberty . com

[CBound]

Ron Paul has some of the answers. It's all to complicated a mess for man to clean up.

[CBound]

too complicated!

sheesh, I've just committed one of my pet peeves... :)

[BAOchsner]

Siegel says we've hit bottom? Riiiiight.... he's just another Wall Street cheerleader like Cramer and Kudlow

[5245412]

We all live in Amerika, Amerika, Amerika ...

[fancypantsnyc]

Good morning, Comrades! We all remember the communist system collapse in 1991 with the fall of the Soviet Union. This is just as historic. Capitalism as we know it (risk vs reward, merit etc) is GONE. Welcome to the Union of United States of America. The UUSA!

[russohead]

First order of business - vote out every last incumbent. NO exceptions. They ALL are complicit. They can find work on the speech circuit: "How I screwed over my constituents"

[yushis1]

I'll be satisfied if we can vote out the "free market" conservative cheerleaders who conveniently turn into communists when something goes wrong.

[dnarby]

Anybody who thinks this is the problem of one party or another is deluding themselves.

This problem has been brewing for generations. It is the logical result of our fractional banking system.

Simply put, the government isn't in control of 99% of the money supply. The banks are.

Whoops!

[CBound]

It certainly is not a one party problem, and it may be a logical result of our banking system, but our government HAS let us down. Congress not only created the FED, it has failed to do anything but feed it.

We might control the money supply if only we knew what our rights were, and knew of what our root problems consisted.

That said, now that we are in debt up to our great grandchildren's eyeballs, we would find it a task hard to pull off indeed.

"The debtor is slave to the lender"

[zatherius5]

Govt is going to screw the taxpayers in order to bailout the millionaires/billionaires on Wall Street.

Truly unbelievable they would actually do this.

Privatized Profits, Socialized Losses.

[russohead]

Believe it. Every time Goldman is threatened Paulson goes insane with OUR money.

[dkadagian]

Welcome to the USSA. Free market capitalism no longer exists. The government will now decide who wins and who loses. And shock of shock - their buddies in finance are being baled out by a middle class that never participated in the greatest economic expansion in human history. Oh, and they get to keep their bonuses. What a country.

[reallygonecat]

The Republicans have had their hands in your pockets for 8 years and now they are robbing you blind in broad daylight. They are the party that wrecked America.

[CBound]

You seem to be so blinded by propaganda that pits one party against another! Don't you know what is wrecking our nation is just one political party!

Not only are both Republican and Democratic parties wrecking our nation, this has been going on for many decades!

It's not only political parties, it's the courts, it's the education system, it's a multitude of factors that have come together to divorce us from constitutional government and personal responsibility!

Open your blinded eyes!

[CBound]

My second sentence should read:

"Don't you know what is wrecking our nation is NOT just one political party!"

[nagaster]

Levitt is the pot calling the kettle black.

Didn't/Doesn't Carlyle Group run several of the opaque hedge funds he is complaining about ?

[ValiRossi]

Bloomberg has risen significantly on my babe radar. lotsa cuties.