MASTER OF THE UNIVERSE!

Master of the Universe, Henry Paulson says he knows how to fix the financial crisis now facing the USA. I wonder if he does? Or is it a "bailout" of his buddies on Wall Street? I guess we will know soon enough...

Rich-world Bailout is Hurting World's Poor and is a Big Distraction From Figh...

Opinion: OECD warns Britain too corrupt for investors: The IMF should think very carefully about bailing out developed countries in this financial crisis. The facts behind the crisis - the greed, the housing...

Paulson Signals U.S. May Invest in Banks to Shore Up Confidence

Following yesterday's announcement that the UK will start investing in banks to shore up consumer and bank confidence, the US appears to be set to do the same thing. Part of the motivation behind this is, rather...

Was The Bailout Bill A Good Idea? : NPR

"What is clear, Davidson says, is that spending $700 billion will help. "But it's also very clear that the plan we've been hearing all about, the Paulson plan, has a lot of problems. There are a lot of things that...

Support DeFazio's No Bailouts Plan

Follow the article link for a link to the bill text, plus links to 11 blog articles commenting on DeFazio's more sensible, public-interest focused alternative to the Wall Street Stickup bill that the Republocrats will be trying to push through Friday, Oct 3. Call, fax, email...

The Great Bank Robbery of 2008

" Daily Article by Robert P. Murphy | Posted on 9/30/2008 Henry Merritt "Hank" Paulson, Jr. A.K.A. "The Treasurer" The Paulson bailout failed in the House. If it isn't a death blow to the plan, it...

Market Jitters as Stocks Fall Sharply Ahead of House of Representatives Vote ...

AS THE Senate discusses the Bill, US Share prices are down sharply as the market's nerves get the jitters ahead of the vote.  The Dow Jones ended at a dismal -348 down.  As well as the fears it may...

U.S. Senate agrees to vote on bailout

There has been talk of fresh attempts to get bail out package approved by US House of Representatives after being defeated. This happened despite urgent warnings from President Bush and congressional leaders of both parties that the economy could nosedive...

Congress to tweak bailout or risk deep recession

Now Economist acted positively ,and bad politics and leadership is created more problem.And finally the congres agreed to once again to vote for bailout package let see thos time......"     By David Lawder and Patrick Rucker -...

Living within our means

"I’ve been thinking a lot about how this economic downturn (or if you’re in the media and you want to scare everyone, we can call it a CRISIS or a CRASH!) will effect the way we act as regular, everyday...

Main Street turns against Wall Street & Politicians BailOut

"NEW YORK (Fortune) -- In one frenzied month Treasury Secretary Henry Paulson and Federal Reserve chairman Ben Bernanke remade Wall Street. Along the way they may also have recast American politics. A month of...

Monday: "Bail me out too, facing Wallstreet opening, deal to sign, congress v...

Sept-29 Monday Top 3 points Of US Bank Bail-Out Plan Allows the government to purchase troubled assets from pension plans, local governments, and small banks that serve low- and middle-income families Cuts the...

Crash looms as McCain rejects bail

" All eyes will again be on the Treasury Secretary Henry Paulson for a statement to shore up market confidence at the opening today, but it is hard to know what he can say as his authority appears to have been undermined at the highest political level, and President Bush...

No deal reached at White House, officials say

Alabama Senator Richard Shelby came out of the meeting and said there is NO Deal.  He also raised his hand holding 5 pages of copy that related that this plan wont work.  He related to reporters that...

Paulson Pleaded for McCain to Save Bailout

"Here was Schieffer speaking with the Early Show's Maggie Rodriguez at 7:05 AM EDT today: BOB SCHIEFFER: I am told, Maggie, that the way McCain got involved in this in the first place, the Treasury Secretary was briefing Republicans in the House yesterday, the Republican...

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