Hank Paulson as Fundraising Headliner?

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paulson twn 2.jpg
I was just invited to a fundraising dinner for the US-China Education Trust and FY Chang Foundation honoring Treasury Secretary Henry “Hank” Paulson, Jr. The dinner is Friday November 14th.
All I can say is best of luck. In case Paulson drops out, perhaps Paul Krugman will be a massively bigger draw.
— Steve Clemons

Comments

29 comments on “Hank Paulson as Fundraising Headliner?

  1. Kathleen says:

    Tony Forresta…. your suggestion that I am “sliming” Demz because I express my deep displeaure at their faliure to take a strong stand for accountabily, I found insulting. I am quite aware that “democrachy” is a form of gov’t that requires consent of the governed…this is PRECISELY, why I will not consent to vote for someone who refuses to applly any ethical standards to this current adminstration. I could just as easilly say that your choice to consent to it, is ‘”sliming”‘ the Constitution, When voters aquiesce by voting D, no mattrer what, they make this possible. I’m done with “leaders” with tin ears.and well lined pockets.
    Further, I disagree vehemently with your speculation on Nader’s motivations and your charcterization of his campaign as a “tactic”…and find your sugestion that he should work with the left laughably uninformed… have you been under a rock for the last 40 years? CW on Nader is so canned. Ralph Nader was a Democrat but left the party after the 1968 convention because it became amply clear there that cheating is the order of the day, not winning fair and square ,like honorable people..he left to form the Greens Party and has devoted his life to promoting and protecting the general welfare, like seat belts and consumer protection, pollution control and reycyling, environmental concerns…to suggest that his motives for running are ego generated is demeaning to a person who has only worked for the public good.
    People who confuse “democracy'” with the two party system don’t appreciate the importance of preserving the original method of nominating a candidate…I happen to think this is another of Ralph Nader’s public services….Incidentally many, many people have gone, called, written to congress about impeachment to no avail…I happen to think Pelois is overreaching her powers by unilaterally removing the impeachement provision from the Constitution and I will not consent to that.

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  2. TonyForesta says:

    Let’s get on the same page Kathleen. Democracy is a form of government wherein the authority of the government is derived from the consent of the governed. (Not the superrich). We agree that the current panjandrum of democratic leadership has failed miserably over the last eight years to thwart the fascists in the bushgov from destroying America, and profiteering wantonly in and from the nefarious process.
    We also agree that Nadar is competent and ethical. We divide however on Nadar’s tactics which I believe are work to shave votes from the democratic candidate, and punish Americans for not voting for Nadar, by electing and then suffering the consequences of gop leadership. If Nadar would work more with theleft, and democrats, instead of driving a wedge through independent sectors, he would have my support.
    The hilarious suggestion that I do not desire accountability from the fascists in the bushgov must be an attempt at a joke. I do not understand how millions of Americans have not bound together, stormed the WH, yanked these fiends out be the hair, and DEMANDED real horrorshow accountability.
    We’re basically on the same page. I was only trying to point out there are philosophically and ideologically tectonics divides between democrats and republicans, that people like you and I must force our democratic leaders to honor, and advance.
    Peace.

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  3. Kathleen says:

    Tony…what you talking about? I don’t “slime” Demz because I don’t see them as flawless. Nor have I ever said there is no difference….there is, but it’s getting less and less and refusing to hold Bush/Cheney accountable is a very big thing, in my book. People like you enable the Demz to keep sliding to the right because your “thinking” is formulaic…they can take you for granted.
    You ask what I want…given my druthers, yes I do want Ralph Nader…in my opinion he is the most competent, ehtical man in the race….I prefer to vote for someone with whom I agree 100%.. I don’t insult your intelligence because you don’t agree with me, and I’ll thank you to respect my right, as one of the people, to vote my conscience.
    Perhaps you need to look up “democracy” and get back to me… my dictionary doesn’t say a thing about the two party system…your rant is a perfect example of what I mean by the Obambots getting all condescending… for your informnatoin, the fact that you can vote in a primary is in large part due to work I personally did on election law reform in 1968-1972.
    And one more thing, Tony…where did you get the idea that I support a gop lie? I’ve done more work for the Demz in my life than you could ever do…even as I vote for Nader, I work for the Demz, but perhaps that is beyond your comprehension…
    As for my childrens’ future, I’ve taught them to think for themselves.(damned inconvenient sometimes,but)and to be contributing citizens… they’ve worked on campaigns and causes since elementary school…They are all voting for Obama, but they respect my right to be an idealist…unlike you who claim to have a better understanding of “democracy”.
    Incidentally, more Demz voted for the bogus bailout than Repugs….put that in your pipe and smoke it…. and do calm down..it’s not healthy to get so upset, although there are plenty of reasons to be upset, for sure. We agree in principle, but not on the remedy. Here’s a news flash…there is no one right way, but change comes from many people working for it in many ways, all together towards the same goal. If you don’t think defending our Consitution and holding Bush and Cheney accountable is important, then you sound more like a Repug. Funny how that works, huh?

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  4. TonyForesta says:

    You don’t get it Kathleen. Sliming dems and imaging that they are no different then the fascists in the bushgov and gop is belies the facts and is suicidal. Who do you want? Bob Bar? Nader? Paul? Look up the word ‘democracy’ and get back to me. Governments are beholden to the people. Look to Europe for an example of how true democracies operate, – not America. Tyranny’s and totalitarian dictatorships (America presently) work singularly and exclusively for the superrich, the oligarchs, and military, (private or state). Look at the bailout, and overt onesided response to the carnage in the markets. Only the superrich, and the fiends, sharks, and pathological liars who created this horrorshow will benefit from the fascist bushgov bailing out of Wall Street (which WILL NOT WORK). Look to the 62 TRILLION DOLLAR Credit Default Swap exposure for proof. All the banks on earth do not hold assets even close to this exposure. The math is incontravertable. Many banks are now insolvent (even though they are lying about it today) and those banks will disappear. The ponzi scheme has unravelled. There is no escaping the inevitable pain that we are all going to hazard and endure. The difference is, (and this is the difference you evidently do not appreciate Kathleen) is that pain MUST be spead with equanimty through our various societies. Rich and poor must confront and somehow manage this horrorshow. The gop, McCain, and the fascists in the bushgov will and ARE hoisting all the burdens on the poor and middle class, and BAILING out the superrich and the very fiends and criminals who are responsible for conjuring, promoting, and PROFFITING from the various and sundry now toxic irredeemable debt products and instraments. You deny our childrens future, by holding to the gop and fascist LIE that dems are just like the gop.
    Wake up! We’re doomed if democrats, and democratic policies do not take control of America. DOOMED!

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  5. Kathleen says:

    Talk about VooDoo Economics.. the Zombies are runnign the show…what is this Bailout Bullshit? Did you see Naomi Wolf’s piece on Congressmen being pressured to support the Bailout Boondoiggle or have Martial Law declared in their district? I posted the link on the thread on Checks and Balances
    Oh, and don’t hold your breath, guys, waiting for accountability. from the Demz…they just don’t get it…they think because Dopey and Darth are soon gone, it isn’t necessary to impeach them..they’ll give us that same outworn line about doing the people’s business being more important…I know, I just got that line from a DNC consultant.. He’s going to be gone in blink, say they to me…
    AfterDowningStreet is proposing the Blank Vote Initiative…asking everyone to contact their representatives to say they’ll leave their ballot blank in their slot, if they don’t support impeachment hearings….I’ve been there for ages and I’m glad others are also going to ask their reps to earn their vote, not just take it for granted…
    taking Impeachment off the table is taking ethics in govt’ off the table….the provision to impeach is not one to be used just when convenient, politcally, bur rather is mandatory in the face fo wrongdoing….I simply will not vote for anyone who does not support, at least impeachment hearings on Bush and Cheney…
    Where is the Senator Lowell Weicker of today’s Republican party? Now is the time for all good citizens to take a stand., God damn it….

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  6. Kathleen says:

    Talk about VooDoo Economics.. the Zombies are runnign the show…what is this Bailout Bullshit? Did you see Naomi Wolf’s piece on Congressmen being pressured to support the Bailout Boondoiggle or have Martial Law declared in their district? I posted the link on the thread on Checks and Balances
    Oh, and don’t hold your breath, guys, waiting for accountability. from the Demz…they just don’t get it…they think because Dopey and Darth are soon gone, it isn’t necessary to impeach them..they’ll give us that same outworn line about doing the people’s business being more important…I know, I just got that line from a DNC consultant.. He’s going to be gone in blink, say they to me…
    AfterDowningStreet is proposing the Blank Vote Initiative…asking everyone to contact their representatives to say they’ll leave their ballot blank in their slot, if they don’t support impeachment hearings….I’ve been there for ages and I’m glad others are also going to ask their reps to earn their vote, not just take it for granted…
    taking Impeachment off the table is taking ethics in govt’ off the table….the provision to impeach is not optional, when convenient, politcally, bur rather is mandatory in the face of wrongdoing….I simply will not vote for anyone who does not support, at least impeachment hearings on Bush and Cheney…
    Where is the Senator Lowell Weicker of today’s Republican party? Now is the time for all good citizens to take a stand., God damn it….

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  7. TonyForesta says:

    I join POA, and chorus of commentators above who fully support accountability from the fascists in bushgov.. Crimes were committed; – spying on Americans without just cause or due process, betrayals of the peoples trust, treasons, bloody costly failures, malicious deceptions, grotesque negligence, and systemic wanton profiteering.
    The American people deserve and must demand accountability from our leadership.
    Let’s start with a real honest 9/11 investigation.
    Americans will permenantly shame America and make a mockery of the rule of law and our Constitution if we fail in this necessary endeavor. The entire world and our posterity will loose further faith in America’s standing as a nation beholden to the laws of the land if we as a people and a nation do not prove that no one in America – NO ONE – is above or beyond the law. We must demand accountability from the fascists in the bushgov, – not to aggravate the divides, but to re-unite America, and champion the principles formed and sustain our once more perfect union. Criminals must be held accountable for crimes, traitors must be held accountable for treasons, those whose policies have catastrophically failed, must be held accountable for failure, pathological liars, must be held accountable for pathological lying, and wanton profiteers must be held accountable wanton profiteering. If not, – the what have we become? What principles does America stand on, honor, and advance? How then could we teach our children to be law abiding citizens if we allow the most pernicious and ruthless leadership in America’s history to walk away unscathed and without accountability.
    As a side note – the economic math is incontravertable. While the fascists were pimping the deceptive babble that the economy is fundamentally sound – trillions of the peoples dollars vanished in the myst from whence is came. Focusing on the Wall Street roller coaster is stupid. Look at unemployment and underemployment, cost of living fundamentals, plummeting housing prices, health care, and core issue that impact poor and working class Americans, and forget about the insane fluctuation and greedmongering of the predator class, – and you will have a clear picture of just how truly horrorshow are the realities for the other 99.9% of Americans who are NOT superrich.

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  8. DonS says:

    . . . and now we are hearing, with slightly different editorial slants, that the Feds are a little queasy because, you know, those big bad bank CEO’s just might not take FREE TAXPAYER BAILOUT MONEY if the Feds step on their executive compensation too hard.
    Can we have some outrage and backlash, politicians, perhaps???? Can we start to dig up the fiduciary malfeasance statutes. Can we see some, any, spine?
    http://www.globalresearch.ca/index.php?context=va&aid=10557

    Reply

  9. DonS says:

    . . . and now we are hearing, with slightly different editorial slants, that the Feds are a little queasy because, you know, those big bad bank CEO’s just might not take FREE TAXPAYER BAILOUT MONEY if the Feds step on their executive compensation too hard.
    Can we have some outrage and backlash, politicians, perhaps???? Can we start to dig up the fiduciary malfeasance statutes. Can we see some, any, spine?
    http://www.americablog.com/2008/10/paulson-not-sure-250-billion-bailout-is.html
    http://firedoglake.com/2008/10/14/schumer-banks-wont-take-help-if-ceos-dont-get-to-keep-huge-salaries/
    http://www.globalresearch.ca/index.php?context=va&aid=10557

    Reply

  10. JohnH says:

    Bush said, “These measures are not intended to take over the free market, but to preserve it.”
    More nonsense from the Empire: ‘we have to destroy Iraq to save it.”
    Next up: “we have to destroy democracy to save it.” “We have to destroy freedom to save it…”

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  11. Paul Norheim says:

    Guantanamo would be perfect. Addington & Yoo should be
    among the first to be sent there. Every Saturday night, the guards
    should order them to lecture the other prisoners on their
    definition of torture, exceptions to the Geneva conventions, the
    power of the Unitary Executive and related stuff – as
    entertainment before the water boarding routine…

    Reply

  12. rollingmyeyes says:

    The Cook County Il Sheriff refuses to use his cops to enforce foreclosers. Wow, a sheriff not enforcing the law? (Are people sharpening their pitchforks?)

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  13. easy e says:

    I strongly concur with POA.
    Here’s a piece reported in the UK:
    “Obama might pursue criminal charges against Bush administration· Biden says criminal violations will be pursued
    · Democrats have issued subpoenas to Bush aides
    · 3 staffers have been held in contempt of Congress…”
    More here: http://www.guardian.co.uk/world/2008/sep/03/uselections2008.joebiden
    Wouldn’t be surprised that “spineless syndrome” sets in and this ends being nothing but hot air.
    There needs to be a powerful movement (grass roots, legal institutional, Congress) that can facilitate charges against ALL these criminals. Hold and proscecute them at a neutral site; I prefer Guantanomo or Abu Ghraib, but the Hague will do.

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  14. PissedOffAmerican says:

    Last night, on the Rachel Maddow Show, Barbara Boxer was a guest. Rachel asked her if the Democrats intend to pursue accountability, after the election, for the crimes, war crimes, and abuses of these last eight years. Boxer, much to my suprise, said “yes, if it is done right”.
    In all honesty, I trust Boxer not, and strongly doubt that there will be much in the way of investigations and the pursuit of accountability. But I interpreted her comments as a sign that the Democratic leadership is finally beginning to grasp the fact that accountablityy is a HUGE issue to many Americans. So many of us, these last eight years, have seen a government that holds itself above the law, and it has shattered our perception of what this nation REALLY stands for. Distrust of the politicians is at an all time high, and the realization that BOTH parties are no longer representing the interests of the people is sinking in to even the most naive in our citizenry.
    I would love to see Boxer’s promise fullfilled, but I am too much the realist to have much faith. When one cuts through all the extraneous bullshit, sets political doublespeak and partisan loyalty aside, the ONLY conclusion that can be reached is that Dick Cheney, Donald Rumsfeld, Alberto Gonzalez, George Bush, and many others, should be INDICTED, PROSECUTED, and PUNISHED for the crimes committed over these past eight years. They have brought this nation to its knees, morally, economically, and in respect to our world standing. The damage they have done will last over a generation, and we will be hard pressed to recover. And the million and more human beings, tortured and MURDERED by these monsters will NEVER know justice.

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  15. DonS says:

    Bush says this mornig that he never wanted the bailout. “These measures are not intended to take over the free market, but to preserve it.”
    Poor wittle free market. Nasty old socialists just don’t understand how delicate you are.
    We can keep wishing for some comeuppance and correction for the thieves that are laughing all the way to there tax free havens. Don’t hold your breath. Obama wants/needs too much to prove he’s so far in the mainstream that he will not rock this boat.
    Crime of the century.

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  16. Bill R. says:

    Who would have thought? Republican administration nationalizes the banks! Fear and money trump ideology every time.
    Speaking of “trump,” in the immortal words of Donald Trump, “Feels like socialism,…. but I like it.”
    http://www.cnbc.com/id/27177659

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  17. l.t. Dravis says:

    THE BUSH/CHENEY LEGACY . . . Stupid is as stupid does!
    By l.t. Dravis
    After the Bush/Cheney administration sat around and stroked itself for 7½ years while the economy of the United States cracked and collapsed under the weight of skewed tax policies, wasteful deficit spending, short-sighted deregulation policies, some pundits seem surprised that the world doesn’t care anything about anything George W. Bush has to say.
    Why would anyone, much less a pundit, be surprised that Bush has absolutely no credibility?
    Most Americans agree that the Bush/Cheney administration has been ‘managed’ by the most inept, most corrupt, most out-of-touch, lying bunch of political hacks ever to crawl on to the public scene in the history of the United States of America.
    How George W. Bush and Dick Cheney could ever have been elected and re-elected to the White House is a question most thinking Americans cannot understand, much less answer.
    Bush and Cheney got everything wrong . . . from how tax cuts for the wealthy would impact the economy to how their oil industry friendly energy policies would impact our economic interests around the world to the economic and political damage caused by the deception they laid on the world to justify starting the Iraq war to the ultimate destruction of our banking system as the collective result of 7½ years of short-sighted, self-serving Bush/Cheney policies.
    Could any two men be any stupider than George W. Bush or Dick Cheney?
    Could any two human beings on the face of the earth have screwed things up worse than these two?
    Aren’t these the two who put Alberto Gonzalez into the Attorney General’s office?
    And, aren’t these the two who allowed Gonzalez to stumble around for years while he destroyed morale by playing games with the careers of United States Attorneys for political purposes?
    If that wasn’t enough, aren’t these the two yokels who decided that that rambling old fool, Donald Rumsfeld, was the best qualified person in the nation to be Secretary of Defense?
    And, aren’t these the two who cheered Rumsfeld on while thousands upon thousands of American troops were maimed and killed by the old man’s unbelievably incompetent ‘management’ of the Iraq War?
    If you think it isn’t fair to couple Cheney and Bush together as dual dolts, let’s look at them individually.
    So, why would anyone care about anything Dick Cheney might say?
    Isn’t he the genius who told us that Iraqis would greet us as liberators?
    And, who would trust George W. Bush to tell the truth about anything?
    He’s the fool who told us just a few months ago that he wasn’t aware that gasoline had reached $4.00 a gallon at the pump.
    Dear Lord . . . could these two be any stupider?
    Kinda makes you wonder whether these two might suffer from some form of weird brain damage, doesn’t it?
    So, what is the Bush/Cheney legacy?
    Read on . . . let’s let the facts speak for themselves:
    THE ECONOMY
    • After 7½ years of George W. Bush and Dick Cheney ‘running the country’, we face the worst economic crisis in the history of the world
    • Our National Debt now exceeds $10 Trillion – so each man, woman, and child in the U.S. owes China and other countries more than $32,600.00
    • The Federal Budget Deficit is approaching $500 billion for this year alone
    • The U.S. Dollar is trading at all time lows against foreign currencies
    • Oil sells for $88.33 per barrel today, compared to $33.51 per barrel on the day the United States invaded Iraq
    • Gasoline sells for over $3.00 per gallon compared to $1.45 per gallon when George W. Bush was inaugurated in January, 2001
    • Home values have declined by as much as 30% to 40% across the country
    • The Dow Jones Industrial Average is down nearly 5,000 points this year over its highest point last year
    • Five million Americans face home foreclosures today
    • Major financial institutions, Fannie Mae and Freddie Mac, AIG, and others have had to be bailed out by taxpayers
    • Major U.S. corporations like Chrysler, Ford, and General Motors are edging closer and closer to bankruptcy
    • The National Unemployment rate continues to climb – month after month
    • A crumbling infrastructure with airports, bridges, dams, highways, pipelines, schools, and sewer and water systems falling apart with no plan and no funding
    FOREIGN WARS
    • 4,180 precious American lives have been lost in Iraq 5½ years after the U.S. invasion and occupation
    • Nearly 31,000 Americans have been wounded in Iraq
    • 65,000 U.S. troops are currently held in place in Iraq by arbitrary stop-loss measures
    • $700 billion has been borrowed by the Bush Administration of an estimated $3 trillion to fund the Iraq war (compared to the Bush Administration’s pre-war estimate of $50-60 billion to fight the Iraq war to conclusion)
    • An estimated 100,000 Iraqi civilian casualties have occurred since the U.S. invaded Iraq
    • Nearly 5 million Iraqi refugees now live inside and outside the country
    • Efforts to fight al-Qaida and the Taliban in Afghanistan have been compromised by the diversion of troops, equipment, money, and strategic focus on Iraq
    WHAT NEXT?
    So what do we do now? Blindly elect another President, Vice-President, and another batch of Representatives and Senators, then get back to ‘Dancing with the Stars’ and ‘American Idol’ while we hope for the best?
    Isn’t that what we did in 2000, 2002, 2004, and 2006?
    How’s that working out for us?
    Look . . . we’re Americans . . . we don’t have to get ripped off by our so-called leaders. We have the power to put a stop to this cycle of incompetence and graft!
    The founding fathers didn’t constitute the government of the United States of America to be the playground of multi-millionaire politicians, lobbyists, and crooks who play at governing and steal us blind while we sit back and download our iPods and play the ‘Legend of Zelda’ and ‘Grand Theft Auto IV’.
    The power of government comes from ‘consent of the governed’ (that’s us) which means we’re supposed to assign and monitor the powers we give to Representatives, Senators, and the President.
    If every Congressperson, every Senator, the President, the Vice-President, and the Cabinet knew we were monitoring their initiatives, schedules, voting records, work habits, and their sleazy ‘behind the scenes’ deals, they wouldn’t have time or energy to waste on lobbyists, special interests, or self interests.
    Would they?
    Copyright © 2008 by l.t. Dravis. All rights reserved.
    If you have questions, comments, or concerns, Email me at LTDAssociates@msn.com (goes right to my desk) and since I personally answer every Email, I look forward to hearing from you soon.

    Reply

  18. TonyForesta says:

    The superrich, (the predator class) will always be fine. Yeah, they may put off that $10mn yaught purchase, and one or two $10,000 dollar a night stays in luxury hotels, but their lifestyles will not fundamentally change.
    The poor and middleclass however, will suffer grieviously from lost lobs, significantly reduced income and wealth, lack of access to health care, education, adequate food and water, any hope of support or representation from the government. Focusing on bailing out the predator class is bad bussiness. These fiends conjured this crises, and they must bare the consequences of this lawlessness, and in the end they must go away. They failed for various sundry reasons, and now, they must suffer the consequences. If they fail, they fail. There is, or should not be any immunity or bailing out, just as there is no immunity or bailing out of anyone in the poor or middle class. We all must pay our debts, and we ALL must pay for our crimes. The government does not help the people when they fail, why should the government lean on, and suck from the people to bail out individuals, and entities that not only failed, but were CRIMINAL in conduct, practice, and policy? Government must ultimately support the people, not the predator class, or there is no government, – there is no law, – there is no nation, – there is no society. There is only thefew, the predator class; supremist, unaccountable, above and beyond the law, and ruthlessly obdurate and carnivorous.
    And no individual, no society, no nation can sustain an irredeemable debt economy, and/or living beyond their means. Sooner or later, the debt will be called – and any individual, society, and nation bent on these fictional and odious practices, policies and principles will be forced into poverty or war. There are no other mathmatical options. This is the harsh reality we all must face. Quoting a lyric from MIA, “If you think it’s tough now, – come to Africa…”

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  19. kotzabasis says:

    One has to be magnanimous even to one’s enemies but it takes humility and AMOUR PROPRE to do the uncommon.

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  20. arthurdecco says:

    “We either stand up now and repudiate, recant, reject, and spurn the failed, predatory, fraudulant, deceptive, and pernicious policies of the fascists in the bushgov, the republican reich, the fundamentalist christian freaks, and all those in the predator class the ruthlessly fed of the blood of the poor and working class in America, and the world, – or America is doomed.” TonyForesta
    I luv this stuff!
    Honest I do!
    But it scares the crap out of regular people! They’re too busy feeding their families to be voting.
    Until its too late, that is…

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  21. TonyForesta says:

    A thousand thanks arthurdecco. When any “sentient human paying attention” actually examines the carnage, horror, and filth wrought by the fascists in the Bush government on Americans, America, Iraq, and the rest of the world, (which is still ongoing mind you) – there can be no doubt that radical change is in order. Obama is no saint, and no saviour, but he, and democrats controll of both houses of congress are the only option and hope for righting the truly epic horrorshow wrongs of the fascists in the Bush government, which McCain would only perpetuate. Should McCain win, the world will turn it’s back on Amerika, and China will call their trillion dollar plus treasuries notes, and the bushgov “goodfriends” in Saudi Arabia, and Japan, and other emerging economies and blocks of economies will follow suit, and America is dead. Interests rates through the roof, massive tax increases, radical reductions in services and entitlements for American will be the inevitable result. Paulson is begging China to have faith in America. BEGGING! But there will be no faith, unless America changes. Our irredeemable debt economy is toast. Living beyond our means as individuals and as a nation is no longer an option. In order to restored confidence in America, there must be a restoration of credibility in our system, and that means a fierce repudiation of everything the fascists in the bushgov, and their brownshirt lockstep partisans in the gop, and McCain have, and continue to pimp. Wall Street as we knew it is gone. Regulation is critical. Governments must play a critical role in the nations economy. Handing are childrens future to the sharks and shaitan in the “private sector” without constraint or the rule of law, or any basic math, or any sense or sound economic policy is the certain path to America’s doom.
    The future is government advancing green technologies. We either act, or get left behind. America’s reputation and standing world wide is sewage. In order to right those many horrid wrongs, America must move toward new ideas, new technologies, new commitments, new policies, and new leadership. Failure here at this epic moment will hoist upon the shoulders of our children an America that cannot compete globally, that has no credibility, and that is actually loathed (and with good reason) on every street on the planet, including many here in the land of Oz.
    We either stand up now and repudiate, recant, reject, and spurn the failed, predatory, fraudulant, deceptive, and pernicious policies of the fascists in the bushgov, the republican reich, the fundamentalist christian freaks, and all those in the predator class the ruthlessly fed of the blood of the poor and working class in America, and the world, – or America is doomed.
    There is no real choice for America. We either change, or we are doomed!
    PS. Is it too late to place IMPEACHMENT on the table?!!!

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  22. arthurdecco says:

    Tony, up until a couple of months ago people were accusing you of being a loonie – a dingbat ranting on and on… and now, it’s obvious to every sentient human paying attention that you weren’t the loonie in the group after all.
    The loonies were your harshest critics.
    (And aren’t there any politically savvy Americans with a sense of humor still standing? Not one comment on my Paulson-Over-Swamp-Gas-For-Charity proposal? Things must be worse in America than I thought.)

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  23. JohnH says:

    Paulson has finally taken to begging for the Chinese to educate him–and not a moment too soon!

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  24. TonyForesta says:

    Eight years of the fascists in the bushgov robbing from poor and middleclass Americans to feed the superrich have ushered Amerika and the world to the brink of economic collapse. Here is the bad news. NOTHING HAS CHANGED! Flowing all the money into of the offshore accounts of the people responsible for conjuring and perpetuating this ponzi scheme, and subsequent crisis will only prolong the inevitable agony. The people need help. They decent need jobs, with job security. They need health care. The fascists decry socialism when the government is helping poor and middle class Americans, but are perfectly willing to toss trillions to the charlatans, frauds, pathological liars, and elitist crony capitalist shades and shaitans who conjure, perpetuated, lied about, and profited from this economic “crisis.
    The first thing Obama must do, if he should win the election is fire and prosecute Paulson, Bernake and all the swindlers and thieves who only one month ago, – one month ago – where lying to the American people and the worlds proclaiming the US economy is “fundamentally sound”, and that the housing and credit crisis were manageable. Fiends!!!

    Reply

  25. arthurdecco says:

    If its a fundraiser, perhaps Paulson might like to volunteer to sit in a chair over a large barrel of fetid water and allow the audience members who have had their investment portfolios decimated by his irresponsible, croney capitalist market manipulations to throw beach balls at a painted target that, when hit, drops him in the drink.
    Think of the money they could raise!

    Reply

  26. Florestan says:

    Paulson has a good feel for getting along with the Chinese, and
    now more than ever has to make nice. It’s the small things that
    count, like their dollar holdings.

    Reply

  27. Bill R. says:

    Congrats to Paul Krugman! Well-deserved for his work in articulating a progressive economics.

    Reply

  28. Mr.Murder says:

    Krugman trumps them all.
    Well, except for Trump, who will probably become the next Treasury Sec. if the GOP has any say in things…
    got soup lines?

    Reply

  29. Matt says:

    Somehow, in the midst of this chaotic and earth-shattering financial crisis, Hank Paulson managed to pen an article for the latest issue of Foreign Affairs. See link:
    http://tinyurl.com/5b3fd7
    It’s about “strengthening US-Chinese ties”. Somehow, just somehow…

    Reply

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