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Posts Tagged ‘Congressmen Brad Sherman’

Should Hank Paulson Be In Jail?

Leading bank analyst Chris Whalen has raised the question of whether criminal charges should be brought against former Treasury Secretary Hank Paulson.Any discussion of whether Paulson committed unlawful actions as Treasury Secretary needs to start wit…

It’s Not the “Great Recession”. It’s the Great BANK ROBBERY

In case it’s not crystal clear, this isn’t the “Great Recession”.It’s really the Great Bank Robbery.First, there was the threat of martial law if the $700 Billion Tarp bailout wasn’t passed. Specifically, Treasury Secretary Hank Paulson warned Congres…

The Giant Banks, Federal Reserve and Treasury Have All Blackmailed America

As I wrote last October: Congressmen Brad Sherman and Paul Kanjorski and Senator James Inhofe all say that the government warned of martial law if Tarp wasn’t passed. And Rahm Emanuel famously said: Never let a serious crisis go to waste. What I…

McCain: Paulson and Bernanke Promised that the $700 Billion Troubled Asset Relief Program Would Focus on the Housing Meltdown

The Arizona Republic reports: Sen. John McCain of Arizona … says he was misled by then-Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke. McCain said the pair assured him that the $700 billion Troubled A…

Government Leaders Said Bailouts Were Needed Because “The House Next Door Was Burning Down” . . . Were They Right?

Government leaders said that massive bailouts were necessary. Were they right?Bullying CongressThe New York Times wrote on July 16th:In retrospect, Congress felt bullied by Mr. Paulson last year. Many of them fervently believed they should not prop up…