Is anybody watching the hearing?

Already called and told Price that I would be voting him out if he votes for the bailout.
 
Paulson's squirming ... he's clueless

when questioned on why the language is now including credit card debt and student loans since the focus was suppose to be just the mortgage industry, he states

~ 'the more freely credit flows the better the mortgage industry ... '

heck why stop at $700 billion, just give em unlimited credit ... how about a $100,000 taxrebate check, that would help everyone pay their bills
 
Woohooo go Jim Bunning (R Kentucky)

He was really putting them through the ringer... "what if it DOESN'T WORK" says he's scared to death.
 
crap.. missed bunning...
quick recap?

Bunning was questioning him about how long he was with Goldman, and that how Paulsen told the panel previously that he didn’t quite comprehend the amount and type of regulation that was in place and why didn’t he know seeing as how he was with Goldman and he should have known.
 
crap.. missed bunning...
quick recap?

Bunning was great. Held Paulsons feet to the fire. Asked essentially how everything is such a big surprise (lack of regulation, overly complex derivitives, failure) if he was the CEO of Goldman and was at the center of the whole scam. Other good questions too.
 
I would like a clip of that to send to all my contacts if anyone sees it at some time post it please.
 
Paulson's squirming ... he's clueless

when questioned on why the language is now including credit card debt and student loans since the focus was suppose to be just the mortgage industry, he states

~ 'the more freely credit flows the better the mortgage industry ... '

heck why stop at $700 billion, just give em unlimited credit ... how about a $100,000 taxrebate check, that would help everyone pay their bills

They "The US Government" WILL garnish wages/Social Security on repayment of CC and Student Loans. Supreme Court ruled the government can take it all if they so please...

This is at least a $5 TRILLION BAILOUT with ALL the "ACROSS THE BOARD" TOXIC and WORTHLESS DEBT.

Any politicians that votes to BAILOUT on this BILL are down right CORRUPT and EVIL SOCIOPATHS.

NO ONE in this country is that stupid.
 
No I don't give a darn about private capital (Paulson)...What a duh moment, of course we are paying more than the current market value as they would be dumping them on the market if they could...
 
Bunning also told Paulsen that he (Paulsen) was going to be gone come January and he won’t be responsible to anyone if this doesn’t work, yet Bunning will have to answer to his constituents if it doesn’t. What is he supposed to tell his constituents if the thing doesn’t work?
 
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