Paulson Says Lehman Bailout Was Never an Option

[SamiraImam]

Hank, thank you for saving the financial system.. watch the movie "Too big to fail"

[GnosisTruth]

We reached the point where people don't want to be independent or take responsibility for their greed and some are taking advantage of that. But it was expected when reality and TV have become one and the same since an early age. It's so powerful that it convinces people there is no other way.

[Meckanix]

What's amazing to me is how dumb the American public is as a whole. Everyday I have at least one discussion with a co-worker or friend about our economic situation. When I bring up the reasons for which got us to where we are today, they have no idea what I'm talking about, absolutely clueless.

So I try to explain the banking system to them, or how the Fed operates and that they are not federal at all. But a private bank designed to strip the wealth of the entire nation, at interest.

[GnosisTruth]

While keeping interest rates quite low to encourage more debt.

[Meckanix]

Can you explain to me again why there wasn't a bailout plan for Lehman Bros., one of the oldest, largest & successful financial institutions in this country?

1) Was it because they didn't want to put taxpayer money at risk?

2) Or could it have been because Venezuela's Pres. Chavez was a huge investor in Lehman?

After being lied to for 8 straight years, I tend to go the common sense route now.

These guys have become so transparent & arrogant, I'll go with #2.

[GnosisTruth]

People spent too much time watching American Idol, American Gladiator, X-factor, Pop Idol, Big Brother and the opium of TV to realize what's going on. They accepted the way of life of borrowing debt and spending it and they gave the oportunity to those in charge to decide their path. They can do it and they will do it and out of the ashes they will create a New World Order because people depend on them to make their decisions for them and issue the money they use.

[AcaiBerryMONAVIE]

SUCK SATAN'S COCK paulsen

[slonerider777]

watch?v=54cOXOmeKYA&feature=ch­annel_page

[jamespatrick101]

No bailout for Lehman because Chavez had loads of money w/Lehman - it's in the public record - and we (US Government) don't like Chavez. Bailed out the others because China is heavily invested there & would have been hurt bad had the others failed. And we like trading w/China. We get lots of cheap crap from them. And they have almost 2 trillion US dollars stockpiled & if we hadn't, they'd be selling dollars & flooding the market until our money was worthless. All facts you can easily look up.

[1poiuztrewq2]

His name is Henry Paulson.

[manny4life]

I say let the economy fail...maybe it would teach these fuckheads on Wall Street a lesson.

[dastardlydude67]

"Population usa roundabout 301,139,947, why not every man woman and child given a million dollars each instead."

Do you not understand the American pyramid scheme? They will NEVER give any american more than a token couple hundred bucks. The dudes in high up places wouldn't get rich otherwise.

Unfortunately, the dudes in high up places are now finding out they aren't as rich as they thought.

[KEYOTWISTEDJOKER]

Population usa roundabout 301,139,947, why not every man woman and child given a million dollars each instead.

[hanassi]

Where are all the Jews telling us [this board] that we are antisemites and poo-poo heads.

Put all the wanna be jews on a boat bound for Israel...Flush...repeat...jigg­le handle.

no wonder they have been kicked out of every country they have ever lived.

[hanassi]

who really believes these sorry sandwelling sons of kahn are the chosen of GOD?

ye are of your father the devil is what JESUS said about em!

Put a millstone around their neck and let em sink.

BOYCOTT THE SCAB OF ISRAEL!

[mastior]

"BAIL OUT THE JEWS" is what it's all about.

Any money given will go into his pockets.

The only cry babies are te JEWS who Invested MILLIONS from the BILLIONS they Profited from WALL STREET. HE is NOT THE SEC of US. he's SECTRETARY of a PRIVATE ENTITY. NOT OF THE US

The FEDS are NOT USA. The JEWS OWN the FEDS

[kesmith32]

What interesting timing. I guess Goldman Sachs..masters of capitalism... cannot be allowed to be fail? According to whom? Maybe they would fail based on mortgage backed securities...maybe something else...maybe both, maybe they hedged this....maybe they did not...maybe they hedged it just enough for accounting purposes but do have risks?

I guess Ron Paul and libertarian ideas of sound money are radical free market craziness..whatever.

[jackwindinhair]

Paulson made $500 million trading mortgage derivatives at Goldman. Now HE is going to handle the money needed to fix the situation HE profited from ?

[kesmith32]

(1) Conflict of Interest and/or Tainted Training of H. Paulson?? I don't know for sure...

(1) GS (Goldman Sachs) 129.80+21.80 / +20.19% Sep 19 (first trading day after administration announcement).

(2) Henry Paulson, Treasury Sec., former chairman and CEO of Goldman Sachs.

(3) Berkshire Hathaway now purchasing warrants and Preferred Stock of Goldman Sachs.

[LevelOrange]

Free markets say let them fail...LET THEM FAIL!

[gab7131]

He is also a puppet!! What a loser I hope he sleeps well at night knowing he is making a mint by fucking up the rest of us cattle!! That is all we are to the rich - Cattle!!!

Obama 08!

[ValleyGyrlTV]

Damn, I wouldn't want his job. It's too bad that Alan Greenspan who created a bunch of this mess, is not here now to answer these questions and let him sweat it out!

[filthymcnasty08]

I am the Lizard King....I can do anything! Even his voice sounds serpent like

[filthymcnasty08]

fukng crook

[ksamsel01]

If you've voted Republican any time in the last 30 years, you've voted for deregulation. It doesn't feel so good now does it? The funny thing is Republicans say let the free markets work. Well unless the free markets fail from greedy CEO's and corporate criminal executives.

[underaserpentsun]

What Our Problem Really Is: * The Fed * Fractional Reserve Lending * Congressional Meddling In The Free Market * Congressional Spending * An Unsound Currency * An Unsound Banking System

Correct those things and we could have a true free market. But then the bankers wouldn't be able to suck the blood out of the common man anymore, so it wont happen without systemic collapse of our current system.

[zztwp]

Please look at my work at ZZTWP Productions thanks :

[marissacalderon]

Fannie May and Freddy Mac was a BIG WARNING SIGN. Things will get worse. Take your money from the bank now!! Buy gold and silver.

[essai75]

what about AIG? Bank of America? and so on.

More trouble is coming

[EyeGates]

Does this man sound sure of himself? Not a very convincing commentary, not in the least.

[thirdwheelfilms]

"Our banking system is a safe and sound one"

-Henry Paulson

Never forget this quote. It is a lie, and it will be the lie that the Fed gets caught for.

[LILUCKSMO80]

sound like the great depression I hope I dont that on anybody we sure stop the war stop spending money on guns and bomb's any more for the people