I don’t think President Bush was “in on it.” His demeanor during his speech to the nation was not an act. IMO, Paulson, and “whomever” set this whole thing up. Who knows Paulson and his friends at Goldman Sachs could have orchestrated this for the commissions that would have been made when all that money moved in and out of the market. The whole mess turned out WAY too well for the financial industry.
It stinks to high heaven.
I’ll bet the “good folks” who ran Lehman Brothers, AIG and the other outfits that failed are Democrats who contributed many dollars to Obama’s campaign.
Somebody set this whole thing in motion in mid-September and Paulson reacted. It does look like a setup.
This would be a great story for an investigative journalist of the right persuasion. Who knew what when and what did they do about it.
yep it reeks.
Don’t forget Josh Bolton came from Goldman Sacs and he and Chuck Schumer wanted Pulson for the job; then keep in mind that it was Schumer who’s big mouth led to the IndyMac mess... and, yes Fannie, Freddie and all it entails.
YOU DON'T???
Well just who in hell is CIC and POTUS???
He many not have "orchestrated" this call for a bailout, but I seem to remember him shrilling the loudest of we need to do something NOW or we are all doomed.
That posture doomed McCain!!!
IMHO, he could have quashed it and ordered Paulson to do the same for a few weeks.
****I don’t think President Bush was “in on it.”****
Both Bush and McPain said that they told everyone that this was coming. They said that they introduced bills about it, and were shot down. And then they popped this big emergency out just before the election.
Both were “ in on it”
What Bush did was the political equivalent of yelling “FIRE!” in a crowded theater.