Current Events


The Slick Moves of Goldman Sachs and Henry Paulson

Until two years ago, Henry Paulson, Secretary of the Treasury, was the Chairman and CEO of Goldman Sachs. Today Paulson is on the verge of having solitary control over the bailout of America’s financial institutions.
Of particular interest according to the NYT
Goldman Sachs and Morgan Stanley, the last two independent investment banks, will become bank [...]

“This is for the Benefit of the Taxpayers.”

King Paulson says nothing to explain the situation on Meet the Press, Face the Nation, or This Week with George Stephanopolous.
“This is for the benefit of the taxpayers.” Paulson said. Please explain that!

The Gift That Keeps On Giving: The Bailout Proposal

If the Congress agrees to the Bailout Proposal as written, we will have lost our voices once and for all. Congress is perched, ready to sign the blank check that will give Henry Paulson the power of a King. If the bailout proposal is agreed upon with the provisions originally included in it, [...]