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Aha! Paulson Skewered (Along with Congress)

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wundermaus Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-15-08 09:38 PM
Original message
Aha! Paulson Skewered (Along with Congress)
 
Run time: 09:50
https://www.youtube.com/watch?v=SE7B1TqNs0E
 
Posted on YouTube: November 16, 2008
By YouTube Member:
Views on YouTube: 0
 
Posted on DU: November 16, 2008
By DU Member: wundermaus
Views on DU: 1125
 
You heard me tell you that the original intent of the TARP was to bailout FOREIGNERS. Now we have an admission from Congress, along with the FACT that Treasury lied too.

They're all liars - where are the special prosecutors and indictments, along with the resignations?
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grantdevine Donating Member (238 posts) Send PM | Profile | Ignore Sat Nov-15-08 09:48 PM
Response to Original message
1. That guy needs to learn how to lead off. Without a good lead, you lose the audience.
The lead needs to tell you who, what, and when in an attention-grabbing way.

This video is a dud because the gentleman hands it over to Darryl Issa, and we still have no idea what the issue is or what's being talked about.

A succinct explanation of what we're about to see would help. Don't assume viewers are intimately acquainted with the issue.

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lapfog_1 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-15-08 10:17 PM
Response to Original message
2. Yes, the original intent of the $700B was to bailout the investors
Edited on Sat Nov-15-08 10:18 PM by lapfog_1
who are mostly foreigners. That was no secret. It was all out in the open.

Who do you think bought all those mortgage backed securities?

Not us, we are a cash poor debtor nation. Who has our cash? Foreigners. The folks in Asia that make our goods and handle our support phone calls. A few folks in the middle east that produce our oil. And we sold them a crock of shit for those dollars. And now everyone knows (including them) that it was a crock of shit. They quit sending us our money back. Credit crisis! Oops.

Better bail them out and take our crock of shit back and return their money to them, with apologies and HOPE that they decide that we are good joes and invest in our NEXT thing so we can keep the plates spinning.

What was hard to understand about that?

Only we haven't done it, decided to do something else (what I'm not exactly sure) instead, and now they are pissed off again. Credit crisis revisited. Oops.
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ksimons Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-15-08 10:27 PM
Response to Original message
3. all gone
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99th_Monkey Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-15-08 11:06 PM
Response to Original message
4. "This video has been removed by the user." or so sez YouTube... damn that was a fast scrub. ~nt
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ksimons Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-16-08 12:01 AM
Response to Original message
5. he could play Lindsey Graham in a bad Lifetime Network movie
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wundermaus Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-16-08 02:34 AM
Response to Original message
6. Karl reposted the video -
Edited on Sun Nov-16-08 02:38 AM by vmaus
here is the new link
http://www.youtube.com/watch?v=Aiq3I0o_SHA">Paulson, Kashkari and CONgress SKEWERED

"No, there was an editing error (the Paulson quote was supposed to be inset and was not) so I pulled and re-uploaded it.

Youtube has NEVER censored ANY of my material; the videos I've pulled shortly after uploading them have all been due to editing problems and have been re-uploaded once I have fixed them."

"Third time's the charm - sorry, bad editing.

Now you see it - the truth. Mr. Issa, by the way, is one of the good guys (voted no twice), but the fact remains - when were they intending to TELL US about the $350 billion for FOREIGN SPECULATORS?

NEVER, that's when! I called it SPOT ON before the bill was passed, and now we have the lies - across the board - on full display.

Are you pissed yet? You should be. When do the American People stand up and take to the streets (PEACEFULLY!) to demand that this crap stop and EVERYONE INVOLVED in this deception resign? "

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JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-16-08 10:20 PM
Response to Reply #6
8. I like this guy. And I'm pleased to say that I caught on
to the fact that the deal was being forced on the U.S. by foreign creditors when I read that the week before Paulson went to Congress, he met with the Chinese. They pushed him on this. I think the bail-out was planned for a long time, but that Bush had hoped to wait until after the election.

I really like this guy's videos, but then I follow this financial stuff even though I am not a financial professional. It's fascinating to me.
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pam4water Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-16-08 09:46 AM
Response to Original message
7. Yip we borrowed money from China and the Middle East
to send to Speculators in Europe the Middle East and China. Brilliant! All we succeeded in doing was increasing the national debt. Me and plenty of other people call all their congressman's offices and pointed this out to them before the bill passed. They gave me a bunch of condescending bull shit.
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