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Wow is this guy an idiot? Next company to go under was Goldman Sachs? LMAO, Oh man you irresponsible idiot, Goldman Sachs was never even close to bankruptcy, that was merryl lynch,citigroup,bank of America (because of Meryll), bear sterns and a shitload of regional and other smaller banks/investment banks that already declared bankruptcy (lehman)
You are so vociferous, but don't seem to have done research on have an understanding of how these situations work. Specifically, Paulson had to sell his Goldman Sachs stock worth about 500 million, tax free, at probably around 240 a share. This is better for him, than whatever blind trust idea you pulled out of your ass. You are right that he has benefitted himself, but you don't seem to be informed enough to understand how he did it. source: Bloomberg Magazine
Leave it to the crooks of America to socialize investment losses. Capital gains are worth nothing without a strong dollar. With our national debt exceeding $10Trillion, we are now officially all broke. Ie, the real tax burden is a mirror of the national debt: search United_States_public_debt on wikipedia. Consider the graph for the debt as a % of the GDP. Years 80-92 run amok, years 2000-now, I wonder what the total bill for the republican era will end up costing the US and taxpayers.
great video. I just watched the debate between Obama and McCain. They both mentioned that they are going to vote for another Secretary of State to take Hank Paulsons place and who would they have take this place...Is this happening ?
as long as this country is a credit crisis. I think if your a U.S middleclass tax payer..I think there is something to be concerned about. If you listen to this video its saying...hank paulson has a financial interest in wallstreet...therefore he controlled wallstreet to his best advantage...on the account of having a free checkbook on the account of the U.S taxpayers. Do you think this is fair? complain to your senate about what you believe in and just don't sit back and let it happen.
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Capital gains are worth nothing without a strong dollar. With our national debt exceeding $10Trillion, we are now officially all broke.
Ie, the real tax burden is a mirror of the national debt:
search United_States_public_debt on wikipedia.
Consider the graph for the debt as a % of the GDP. Years 80-92 run amok, years 2000-now, I wonder what the total bill for the republican era will end up costing the US and taxpayers.