Paulson Says Lehman Bailout Was Never an Option

Treasury Secretary Henry Paulson says the American people can remain confident in the "soundness and resilience in the American financial system." (Sept. 15)

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News & Politics

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• paulson
• markets
• says
• lehman
• bailout
• option

[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.

[EyeGates]

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

[SamiraImam]

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

[GnosisTruth]

While keeping interest rates quite low to encourage more debt.

[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]

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.

[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.

[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.

[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.