Truthmatters
Diamond Member
- May 10, 2007
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- #101
I know the stimulus worked real good for former Secretary of treasury Henry Paulson
Because we bailed out AIG, we were told the world would come to a end if we did not.
but No one new that Paulson still had 500 million in stock with Goldman Sachs and that Aig had owed them billions of dollars and as soonas Aig recieved the bailout money they paid back Goldman Sachs and saved Paulsons 500 million.
Who knows how many other crocks we saved.
are the banks lending to the public no, don't matter if you owned your house for twenty years and go for a loan to consolidate dept, they can just pick up your property for pennies on the dollar after you lose it.
Will be no more middle class if continues.
OK Dude where do I start?
Tarp was done by BUSH , we are talking about the stimulus. They are not the same.
DO you KNOW that?
Paulson was appointed by Bush and not reappointed by Obama.
Paulson made sure the US did not make the money they could have made in this bailout.
We could have bailed them out, punished their greedy asses and made bank for the recovery.
Bush and team refused to make any stipulations on the money for the banks.