Henry Paulson is a former partner in Goldman Sachs investment bank, a place where he made a $700 million dollar personal fortune. Under his watch as Secretary of the Treasury he watched and did nothing as a financial Hurricane Katrina drowned his industry in red ink. Untold billions were being lost daily. His former business rivals bit the dust in rapid succession, and he refused to lift a finger to save Lehman Brothers, but promised to bail out several others in a sweeping plan that will give himself sole discretionary power over an estimated $700 billion dollar fund, with no oversight from Congress and no appeals via the courts. The Bush The Younger Administration has gone into overdrive to shove this last bit of treasury-looting down America's throat before it closes up shop in January, leaving a fine mess indeed for the next president.
The last time Congress bent over for Bush The Younger to grant him unilateral power to act, the man attacked the wrong country! Is there any reason not to shudder when he decides to tackle a problem by handing it over to a subordinate to do with as he will? So instead of Rummy in Iraq and Brownie in New Orleans, now we get Paulie in New York rounding up hundreds billions of tax dollars to be distributed as he sees fit? This would be a good time for Congress to say Fuck you! And when asked to clarify their position, just say it again louder; Fuck You!
Before we go handing more good money to the guys who gambled so much away and awarded themselves billions of other people's money in bonuses, shouldn't we see the plan? Shouldn't this guy Paulson have to answer to this government of the people, by the people and for the people? And shouldn't he have been fired for fiddling while Rome burned? He's probably on a first name basis with half the people he's supposed to be regulating, like good old Shotgun Dick Cheney and the Haliburton boys. Fire his useless scheming ass too or you'll have the wolves in charge of the hen house and the whole chicken farm. You just know that that 700 bil is going to get divvied up between all these decadent jackasses and none of the problems that created this mess will get corrected.
Is there something that the Congress isn't getting here, something new they have to learn about this administration? For 8 years its been government-by-disaster with the result always being more corporate pigs being allowed at the public trough. There have been no exceptions, from 9/11 to Iraq to New Orleans to Wall Street, that answer has always been to hand out keys to Fort Knox like it was the executive rest room. Or will Congress simply be shut up again, bought cheap for all the pork barrel earmarks sure to be included in that $700 billion? That will be one more thing for the next president to restore along with the Bill of Rights; accountability.
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