Afshin Rattansi talks to Danny Schechter about Paulson

U.S. Treasury Secretary Henry Paulson said he was backing away from buying troubled mortgage assets using a $700 billion bailout fund, instead favouring a second round of capital injections into financial institutions that would match private funds.

"This is bringing uncertainty into the market, creating a sense that the Treasury doesn't know what it's doing," said Philippe Gijsels, strategist at Fortis in Brussels.

Category:

News & Politics

Tags:

• paulson
• bailout
• financial
• crisis
• bush
• obama
• g20
• credit
• card
• debt
• mortgage
• foreclosure

[odin422]

One of the best news channels around.

SHARED.

[TyredUvBS]

paulson is a crook. bait & switch is the oldest scam in the book.

[cronikhashish]

Bailing out American auto makers is like bailing out china, because that's where all the action is now! Our products are assembled in Asia, now!

[Permindex]

A Majority of US Politicians are NWO owned & are in violation of the LOGAN ACT. They are powerless unless the Bilderberg Group or CFR tell them what to do. They are all TRAITORS to We the People, Bill of Rights and US Constitution. Their legislation flawed as they lie to get elected and never do what they were elected to do. The Logan Act should be prosecuted against all US politicians who are members of any secret societies meeting behind closed doors. If convicted ban from politics for life.

[a7241982]

Fuck paulson. I really hope he gets cancer.

[a7241982]

Is a lying snake oil selling bait and switching piece of shit.

[ficote72]

Unless you start placing these crooks where they belong, prison, the scam and theft will continue.

This piece of crap have the courage to say that he changed his mind, after super hyper discussions and a congress passing a 700 billions bailout to buy trouble mortages with 90% of americans calling their representatives to vote against the bill.

[strawspulled]

paulson can't wait to get out of there and go blow all the bailout money on hookers.

when it comes to getting that booty, hank's all about acting swiftly to tap into that troubled asset.

[jonah70757]

The timing of this controlled engineered collapse is inpeccable. Have crucial negotiation for a new monetary and finacial system begin smack dab in the middle of transition after an Presidential election. Grand Master play brilliant!!