@Goldfinger 186283 wrote:
The problem is that Paulson seems to be a complete and utter idiot with no grip on the situation. Obama should replace him straight away and also replace all the loyalists Paulson may have established somewhere further down the chain of command. Thanks to Paulson the markets fell by another 5% and he injected a great deal of insecurity by retroactively changing the terms of the bailout package. We know what to think of retroactive term changes eh?
OMG why in the heck does he have to read every word that he is saying? Is it because he is lying again? Yep, he sent the markets into a serious nose dive for sure! How can folks just take this? We got dupped by Paulson/Bush.
NOW he sais they are not going to use the money to deal with the bad housing assets just sitting on the books and give it all to the banks.
What can we the people do?