What the Bailout bill has done is create an economic dictator over about $700 billion in spending. Henry Paulson, the former chief of the discredited Wall Street investment bank of Goldman Sachs, may reward whomever he likes and punish whomever he doesn't like, with impunity. The fact that parameters that will be used in determining who is and who is not to be rewarded were missing from considerations concerning this bill is very telling. It would have been a simple matter to state proper, mundane accounting, investing, and managing methods. The bill was apparently designed to avoid any such commitments. Why is that?

Well, Henry Paulson headed Goldman Sachs while it became hugely over leveraged on worthless assets, all for the sake of the global plutocrats who are still very much pulling the levers behind the scenes in their closed door meetings where they gather around their tables and decide the fate of humanity as the demons they are. Yes, they are working for evil. That should be plain enough to see. You don't hear them advocating Christianity in full anywhere do you? No, you don't hear that.


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  • Tom Usher

    About Tom Usher

    Employment: 2008 - present, website developer and writer. 2015 - present, insurance broker. Education: Arizona State University, Bachelor of Science in Political Science. City University of Seattle, graduate studies in Public Administration. Volunteerism: 2007 - present, president of the Real Liberal Christian Church and Christian Commons Project.
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    • I didn't chase down the article, but did note a comment elsewhere that this 'crisis' attacks the very basis of 'fair value' accounting !

      Another goody was that companies whose CEOs choose not to participate - you got that right - for fear the value of their assets would be 'poisoned', might have to consider whether the company executive might not be sued in such case !

      Enough with the exclamation marks. Try this

    • @opit -

      Absolutely, the accounting that is still going on is just cooking the books. It's no better than what the Mafia accountants have been doing all along. In fact, quite often, there is more honor amongst the admitted thieves than there is on Wall Street or amongst the neocon imperialists.

      As for CEOs, they better be concerned about which insurance company is carrying the Directors and Officers policy. AIG showed that ratings bureaus have been having a more than difficult time keeping current with how strong are the insurers.

      The wise CEO will steer clear of all the shenanigans though regardless. Henry Paulson isn't going to come out of this any better than did Michael Milken (reputation-wise anyway — repent and atone, Henry, right along with me, please). They both dealt in junk being peddled as valuable.

      As for the video, it is a shame that the illogic of the investments is humorous and only in that way do people get it. Unfortunately, once they get it, it remains funny rather than something serious to be corrected.

      All of the bad shepherds, and that's what they've been and remain, need to be overturned, just as the tables of the money-changers in the Temple. The people must stop following them. They must start following what they know is right.

      People being superrich at the direct and negative expense of everyone else is asinine.

      No one is obligated to agree with the superrich. Those superrich are not correct. They are not smarter, as the video so clearly points out. They are dumber. The only reason they are where they are though is because others fall into line behind those who are even more selfish and greedy.

      The blind follow the blind, as Jesus so wisely and correctly stated for our edification.

      The truth, bless us with the truth...

      Tom Usher