THANK ERR #%$@ you HANK paulson

I reserve the right to edit this post to update it with articles i have been accumulating...suffice to say I think this guy is a huge crook and is not acting in the best interests of the US...this picture summarizes my general view of the prick

short summary is here...
okay I am well pissed and gonna do serious write up later

but will you at least take a look at this chit and tell me that you still trust this guy...

1. AIG bullchit

The $150 billion in government aid consists of a $60 billion loan, a $40 billion preferred-stock investment and $50 billion in capital largely to purchase distressed assets which are to be placed into two separate financing entities.

on the assets
The first such vehicle is to be capitalized with $30 billion from the government and $5 billion from AIG. That money will be used to acquire the underlying securities with a face value of $70 billion that AIG agreed to insure with the credit default swaps. These securities, known as collateralized debt obligations, are thinly traded investments that include pools of loans. The vehicle will seek to acquire the securities from their trading partners on the CDS contracts for about 50 cents on the dollar.

SO YOU THINK IF THOSE CDO'S GO BAD GOV'T WILL FORCE AIG TO PAY OUT ON CDS----LMFAO

I HAVE A SUSPICION THAT MS JPM AND GS OWN SOME OF THOSE CDO'S

2. TAX CODE BULLCHIT

"Did the Treasury Department have the authority to do this? I think almost every tax expert would agree that the answer is no," said George K. Yin, the former chief of staff of the Joint Committee on Taxation, the nonpartisan congressional authority on taxes. "They basically repealed a 22-year-old law that Congress passed as a backdoor way of providing aid to banks."

The story of the obscure provision underscores what critics in Congress, academia and the legal profession warn are the dangers of the broad authority being exercised by Treasury Secretary Henry M. Paulson Jr. in addressing the financial crisis. Lawmakers are now looking at whether the new notice was introduced to benefit specific banks, as well as whether it inappropriately accelerated bank takeovers.

http://www.washingtonpost.com/wp-dyn/content/article/2008/11/09/AR2008110902155_pf.html

3. OH AND THESE GUYS WONT LET BLOOMY KNOW WHAT TYPE OF FUCKING COLLATERAL THEY HOLD
http://www.bloomberg.com/apps/news?pid=20601087&sid=aatlky_cH.tY&refer=home

so when do i get TARP...I WANT THREE YEAR EQUITY MONEY AT 500bps...I WANT THE RIGHT TO BECOME TOO BIG TO FAIL

THANK ERR>>>>&@#% YOU HANK PAULSON

I want all you folks to know that I am die hard capitalist but in order for capitalism to thrive the douche of recession must wash away the excess...kill off the smelly bacteria if you will...the playing field must be level and the smart folks must be allowed to prosper...you cant have capitalism with cheap money for some and not others

Forget this crony capitalism...these selective bailouts...long live free market and Darwinian economics

OH AN NOTE TO HANK...DIE IN YOUR SLEEP YA PRICK