The Financial Orgy: Wall Street, The White House, and Certain Members of Congress

Recent Wall Street thief Henry Paulson is so conflicted in the latest US economic mess that he should step down as Treasury Secretary. He has proven to have only his interest and the interests of his Wall Street friends at heart. Bush is putting on the thumbscrews for Congress to be an accomplice to a $700 billion theft. And Senator Barack Obama, having freshly profited from the spoils of a financial market run amok, blames only Republicans for the mayhem.

Latest Bailout Fraught with Problems

In the year that Henry Paulson left Wall Street--2006--he received $40 million in earnings. Professional athletes don't make that

Are the noses of Obama voters so enamored by the smell of their candidate's behind that nothing can dissuade them from voting for him?

much money in one year, and they don't steal it from us, either. Now that Paulson's in the Bush administration, he's pressing hard to help his friends in the finance sector. So is President Bush.

Democrats demanded that the [$700 billion bailout] measure limit pay packages for executives of companies helped by the biggest financial rescue since the Great Depression. The administration was balking at that...

President Bush prodded Congress during the day to pass the rescue plan quickly, declaring, "The whole world is watching."

The whole world was watching when we hastily passed the monster known as the USA PATRIOT act as well. It's much harder to fix something than it is to break it, and the Bush/Paulson plan will pulverize an already broken economic system.

It's absurd how the executive branch operates--first it engineers a bailout and then it forces congress to act because "the whole world is watching".

Congress should not flinch. Congress should deny the bailout and let this economy correct itself. We have had far too many interferences by government in the economic sector, which have encouraged financial sector greed and become the primary cause of the problem that we are currently wallowing in.

Because this plan stinks anyway.

...in a fresh sign of a challenging road ahead, Sen. Richard C. Shelby of Alabama, the top Banking Committee Republican, blasted the emerging plan as "neither workable nor comprehensive."

"In my judgment, it would be foolish to waste massive sums of taxpayer funds testing an idea that has been hastily crafted and may actually cause the government to revert to an inadequate strategy of ad hoc bailouts," Shelby said.

Lawmakers on both extremes of the political spectrum assailed the plan as a massive, poorly conceived bailout. Conservative House Republicans and liberal House Democrats both [and] huddled privately to express their concerns.

Thinking members of congress rightly are concerned that little is being done to punish those at the top of the financial pyramid--who, like Henry Paulson, are primarily to blame for the mess we're in. No wonder Paulson is against the idea of limiting 'executive windfalls'.

Lawmakers in both parties appeared to be coalescing around the idea that executive compensation limits should be part of the bailout, although Paulson is said to be concerned that such curbs would discourage companies from participating.

Once we were plagued by Communist infiltrators of the federal government. Now infiltrators are being inserted into the beltway from the financial sector. But this time hardly anybody cares about the problem. When Abraham Lincoln predicted that if America died it would be by suicide, I have a hunch that he was thinking about people like Henry Paulson.

A Couple More People That Obama Should Distance Himself From

How is it that an allegedly clean and upstanding Barack Obama happens to associate with dirty good for nothing thieves and terroristson a regular basis? Obama has gotten pretty good at distancing himself from a plethora of people because he claims not to have known of their previous bad dealings. Now we can add two more to the list.

In the midst of the greatest American financial

Once we were plagued by Communist infiltrators of the federal government. Now infiltrators are being inserted into the beltway from the financial sector. But this time hardly anybody cares about the problem.

crisis since the Great Depression, two of Obama's economic advisors have been shown to have illegally profited during and leading up to the current collapse. Yet Franklin Raines and James Johnson are still advisers to Barack Obama, and they are still not in jail.

Of the current economic mess, Obama

...linked the turmoil that's rocked Wall Street to federal spending he said has soared out of control during the Bush administration. That type of spending, he said, is sure to continue if McCain is elected to the White House.

"We cannot give a blank check to Washington with no oversight and accountability, when no oversight and accountability is what got us into this mess in the first place," said Obama.

Obama has benefitted handsomely from the lack of oversight and accountability, not only from the federal government, but from the American people. Do you think he will jettison Raines and Johnson like he has a host of others. Don't count on it. He knows who butters his bread.

Are the noses of Obama voters so enamored by the smell of their candidate's behind that nothing can dissuade them from voting for him?