Clipmarks | thinkingblue's clips

Birds do it, Bees do it, but humans don't!

Thu, 04 Sep 2008 20:20:18 GMT

clipped by: thinkingblue
clipper's remarks: Of course, we should teach our teenage children good judgement, if that is at all possible when it comes to the powerful instinctual urges belonging to all life, the drive to BEGET. Try telling a teeny bobber about love and responsibility. They'll look at you, the same way you look at a dog chasing its tail, bewilderment of such a stupidity lag.
But, for most parents, the teen "eye roll" just slides off their back, down to the floor where it can be easily stepped on.
But all sarcasm aside, teaching this program alone is not just block-headed, its outrageously dangerous. By not equipping our young with knowledge on self preservation, we neglect the most basic fact of life, the instinctive teachings of fundamental survival techniques. Go and watch some wild life with their young and you will see such training.
Birds do it, Bees do it, even Monkeys in the trees do it. Also on http://thinkingblue.blogspot.com

Clip Source: www.youtube.com

Abstinence Only - Does Not Work! Duh!

[Video]

September 03, 2008

JUST TELLING OUR KIDS TO "DON'T DO IT" DOES NOT WORK!

Guess what folks, teaching abstinence-only to young adolescent teens fails in all the studies except the ones conducted by the abstinence-only advocates. Isn't that a shocker? Well, to anyone with a few brain cells, that was a given. From the very beginning, when Bush and his followers rejoiced and couldn't wait to hit us over the head with their abstinence-ONLY asinine program.

Tags: politics, abstinence, only, youtube, sex, education

AMERICA'S IGNORANCE ON RACE

Tue, 02 Sep 2008 15:59:25 GMT

clipped by: thinkingblue
clipper's remarks: Sad, but let us hope that those who still hold on to their xenophobia and complete unfounded fears of anyone who looks different from themselves. Will, at long last, get so fed up with the status quo of the almighty greed and corporate powerbrokers, who use any tool to hold on to their powers. Consequently, making them realize that they are just pawns to the GREED GODS This "awakening" will end the long reign of power by those who only care about themselves. I can only dream.thinkingblue

PS: this (utter stupidity) was a comment on one of my blogs...

obama bin biden this might be silly but if you put Obama and Biden you come up with the name of osama bin laden ... come on .. how close is that name.. this is not good news for US to have osama bin binden as the people in charge.. i dont think this is an accindent .. you know this kind of scares me alot to see that name...

WHAT STUPID HORSESHIT!!!

http://www.youtube.com/watch?v=QM4NxHGb6iI (VIDEO)

Clip Source: www.thethinkingblue.com

AMERICA'S IGNORANCE ON RACE

EXCERPTED FROM PM CARPENTER

The (Newsweek) new poll suggests white voters continue to be a challenge for Obama

We are still living in the DARK AGES as far as ignorance amongst the American populous. I don't know when it will change, if ever. When I got a job as a civil service employee, in the 60's, working for The Clerk of Quarter Sessions, I had a DOOFUS (click) boyfriend tell me, not to take the job because I would be outnumbered by blacks and maybe even wind up with a black boss.

At that time, I had a friend who was a civil service employee tell me, "it's a good opportunity, don't pass it up". So I took the job and found out... HOLY JUMPING JUPITER, BATMAN, dark skin or light skin, people are all the same. Some are ASSHOLES and some are quite rational.

Well here I am, almost two generations down the road and prejudice is quite ensconced "STILL" in the American psyche.

thinkingblue

utter stupidity

was a comment on one of my blogs

Tags: politics, election, 2008, bigotry

Most wet behind the ears, Sarah Palin 4 President

Sun, 31 Aug 2008 19:17:29 GMT

clipped by: thinkingblue
clipper's remarks: I am still in a state of shock over McCain's pick for a running mate. On the Internet there is a site (http://www.inews3.com/landing.php) where you can put in your own name for President and a propaganda video will appear announcing you or anyone you choose, as a candidate for president of the USA. Using Sarah Palin name is as apropos as any Jane/John Schmo. Holy cow, haven't we had enough of the PETER PRINCIPAL ("In a Hierarchy Every Employee Tends to Rise to His Level of Incompetence.") in the oval office? Goes to show what McCain really cares about... AND IT AIN'T "WE THE PEOPLE"! thinkingblue

Clip Source: www.thethinkingblue.com

SARAH PALIN

FOR

PRESIDENT '08

Why not, she's qualified as the Most wet behind the ears, Unknown, yet.

ISN'T IT TIME TO
HAVE AN UNKNOWN, callow, green. immature, inexperienced, innocent, naive‚
unsophisticated PRESIDENT
THINK ABOUT IT,
McCain did.

Sarah Louise Heath Palin, born February 11, 1964, is the current governor of the U.S. state of Alaska, and is the presumptive Republican vice presidential nominee in the 2008 United States presidential election.

In 2006, Palin was sworn in as the 11th governor of Alaska

. Palin served two terms on the Wasilla, Alaska, city council from 1992 to 1996, then served two terms as mayor of Wasilla from 1996 to 2002. After an unsuccessful campaign for lieutenant governor of Alaska in 2002

On August 29, 2008, Republican presidential candidate John McCain announced he had chosen Palin as his running mate

1984, Palin won the Miss Wasilla beauty contest

then finished second in the Miss Alaska pageant

Tags: sarah, palin, mccain, peter, principal, politics

The Facts - Why have they become obsolete?

Sat, 30 Aug 2008 14:55:57 GMT

clipped by: thinkingblue
clipper's remarks: Why doesn't anyone want to believe the facts anymore? Has our America slid into such a La La Land that mendacities are more plausible than hard facts? It's enough to make you cry UNCLE. If we don't take our America back soon, we will suffer the consequences of Nazi Germany.
---
Excerpted from The White Rose

The White Rose, was formed by students at the University of Munich in 1941. It is believed that the group was formed after August von Galen, the Archbishop of Munster, spoke out in a sermon against the Nazi practice of euthanasia (the killing of those considered by the Nazis as genetically unsuitable).
----
The three members of the White Rose group appeared before the People's Court judge, Roland Friesler, on 20th February. Found guilty of sedition they were executed by guillotine a few hours later. Just before he was executed Hans Scholl shouted out: "Long live freedom!"
---
Read more here: http://www.spartacus.schoolnet.co.uk/GERwhiterose.htm

Clip Source: www.thethinkingblue.com

Ask FactCheck posted these new items
during the week ending August 29, 2008
(Click the links to read complete answers)

Q: Does Barack Obama have Kenyan citizenship?

A: No.

Q: Did a Billy Graham team member say Obama should be defeated "to save America"?

A: No.

Q: Did Obama say we "are no longer a Christian nation"?

A: He said we are no longer "just" a Christian nation, but a nation of many other faiths as well. A chain e-mail drops that key word and thus changes the meaning.

Q: Would Obama tax my profits if I sell my home? Would he tax my IRA? Would he tax my water?

A: No. A new e-mail being circulated about Obama's tax proposals is almost entirely false.

SWIFTBOATERS ARE BACK.

SWIFTBOATER COCKROACH

OBAMA, AMERICA NEEDS YOU MORE THAN EVER!

McCain's Veep Gal, Sarah on the Huffington Blog

Let's keep our heads, while we continue to watch
THE THEATER OF THE ABSURD!!!

YOU CAN BEAM ME UP NOW, SCOTTIE. Thinkingblue

LYING FORWARDS FROM THE RIGHT-WING

Tags: white, rose, politics, lies, factcheck, obama

Hope This Will Make You Smile

Wed, 27 Aug 2008 19:08:11 GMT

clipped by: thinkingblue
clipper's remarks: Another funny forward... this one has a message. "Shit Can and will Happen?" Let us hope the shit we've been tossed for almost 8 years will finally come to an end. I don't know how much more of this "frequently used word", we can take. Please no more shit!

Here the song at: http://www.thethinkingblue.com/SHIT.html

Clip Source: www.thethinkingblue.com

HOPE THIS MAKES YOU SMILE ...
THE MOST FUNCTIONAL ENGLISH WORD

Well, it's shit ... that's right, shit!

Shit may just be the most functional word in the English language.

Some people know their shit, while others can't tell the difference between shit and shineola.

There is bull shit,

Horse shit, and chicken shit.

You can throw shit

or duck when the shit hits the fan.

You can find yourself in deep shit or be happier than a pig in shit.

Some days are colder than shit, some days are hotter than shit, and some days are just plain shitty.

Some music sounds like shit, things can look like shit, and there are times when you feel like shit.

You can carry shit, have a mountain of shit, or find yourself up shit creek without a paddle.

Well, Shit, it's time for me to go. Just wanted you to know that I do give a shit and hope you had a nice day, without a bunch of shit. But, if you happened to catch a load of shit from some shit-head...........

Well, Shit Happens!!!

Tags: shit, political, mccain, forward, humor

Cockroach for GOP Smear Machine

Tue, 26 Aug 2008 14:24:20 GMT

clipped by: thinkingblue
clipper's remarks: THE COCKROACHES ARE OUT TO SMEAR BARACK OBAMA. STOP THEM IN THEIR TRACKS!
Stop the SWIFTBOATING COCKROACHES (like Jerome Corsi) before they get hold of the AMERICAN Psyche... AGAIN!

Go to http://www.truthfightsback.com to fight back.

Youtube video here: http://www.youtube.com/watch?v=EOOXWybFVj8

Website here: http://www.thethinkingblue.com/cockroachcorsi.html

Clip Source: www.youtube.com

Jerome Corsi - Cockroach for GOP Smear Machine

[Video]

THE COCKROACHES ARE OUT TO SMEAR BARACK OBAMA. STOP THEM IN THEIR TRACKS!
Stop the SWIFTBOATING COCKROACHES before they get hold of the AMERICAN Psyche... AGAIN!
Go to truthfightsback.com
---
Cockroaches are creepy, no doubt about it. But a cockroach in human form is not only repulsive, they lack the most basic moral and ethical properties of a living soul. And that kind of deficiency renders them the lowest of loathsome and heinous beyond reason. Reading an essay about a book (THE COCKROACH PAPERS) that recapitulates the characteristics of a cockroach and nuttin but a cockroach (insect that is) is almost charming, compared to Corsi's novel of lies! (I can't believe I'm plugging a book about cockroaches!)thinkingblue

Another good read on the subject below:
Obama Faces The Smear Machine

Eugene Robinson writes:
Here come the goons, right on schedule.
By Eugene Robinson

Tags: gop, smear machine, youtube, jerome, corsi, book, video, politics, political

Will Government Ever Learn From The Past?

Thu, 21 Aug 2008 16:33:45 GMT

clipped by: thinkingblue
clipper's remarks: I doubt it. Today's Delancey's Place Tidbit, gives a brief encounter of what happened when the US Government "forced" a whole nation to go dry. What followed was a horrific scene of "forced" drunkenness, "forced" crime and "forced" misery... Today's Government "forced" War on Drugs has produced similar anguish especially for those who seek marijuana to relieve pain and suffering. Not to mention, if this so-called Governmental War on Drugs would lax some of its absurdities, the revenue collected from such sales would help the sinking economy. But it is not about a failing policy, it's all about politics and getting elected. Common sense, must take a back seat once again. Stupidity continues to rule, as time marches on! thinkingblue

Clip Source: www.thethinkingblue.com

Delancey Place's Today's Tidbit

In today's encore excerpt--the U.S. outlaws the manufacture, transport, and sale of alcoholic beverages under the Volstead Act (1920-1933), more commonly called Prohibition. Against expectations, Prohibition resulted in even greater levels of alcohol consumption in America and it was repealed in 1933. The backlash that led to Prohibition extended to other areas as well, including banning highly suggestive language such as "the cat's meow":

"When, at the stroke of New Year 1920, the U.S. formally went 'dry,' most revelers would have only experienced the dull ache of their hangovers. It was only as time went by that the realization sunk in of how profoundly Prohibition had altered American life. It would be 1925 before Variety would note that Times Square--between 34th and 52nd streets--boasted 2,500 speakeasies, where before Prohibition there had been only 300 saloons.

Current slang, like

'Hot Dog,'

The Cat's Meow

Cat's Pajamas

'Hot Cat,'

also on

list

Tags: prohibition, politics, medical, marijuana

John McCain's Secret Love Affair.

Tue, 19 Aug 2008 11:49:55 GMT

clipped by: thinkingblue
clipper's remarks: Take the pledge to tell Media Corporations, they must stop the liaison between themselves and the rightwing. I did below.
---
I am tired of the media's constant attempts at manipulating their viewers political mentality. Even though it has tweaked in recent times to be more balanced and fair they are still tilting much too far to the right. After all, most media outlets are run by Media Conglomerates and benefit excessively ($$$) when republicans are in charge. In a free society facts from all political persuasions should be presented fairly. Let's not waste a single opportunity to tell them so. thinkingblue.blogspot.com

Take the pledge at the link below. What the media does, really matters.
http://mediamattersaction.org/theyloveme/?src=love0729-3

Clip Source: www.youtube.com

They Love Him

[Video]

New ad from the Media Matters Action Network targeting Media's love for John McCain

Tags: media, mccain, politics, political, media matters, video, youtube

LYING FORWARDS FROM THE RIGHTWING

Mon, 18 Aug 2008 13:21:10 GMT

clipped by: thinkingblue
clipper's remarks: My niece sent me this email and asked me the following...
Hey Aunt C, Somebody sent this to me and I know you are fantastic at finding the truth, so is this true or some republican trying to change peoples votes. Thanks, (Niece)

LINK HERE:
http://www.snopes.com/politics/obama/taxes.asp

Hi, (Niece). it is completely false... Thanks for asking... I wish that others would question this baloney the republican rightwing sends around to the naive, who mindlessly accept these stupid forwards as the truth... A sad America, where the rich get richer and the poor get poorer, (and the middle class continues to disappear) is the result of such irrationality... The very ones who get hurt by these forwards are the ones who would probably be helped if the wealthy, whether they be individuals or corporations were forced to pay their share of taxes, instead of getting tax breaks that the republican party keep giving them.
http://thinkingblue.blogspot.com

Clip Source: www.thethinkingblue.com

LYING FORWARDS FROM THE RIGHTWING

THE TRUTH BE TOLD

My niece sent me this email and asked me the following...

Subject: Fw: Taxes...VERY IMPORTANT!!]
Date: Sunday, August 17, 2008, 6:13 PM

Hey Aunt C, Somebody sent this to me and I know you are fantastic at finding the truth, so is this true or some republican trying to change peoples votes. Thanks, Niece

Spread the word.....

Proposed changes in taxes after 2008 General election:
CAPITAL GAINS TAX

0% on home sales up to $500,000

OBAMA
28% on profit from ALL home sales

How does this affect you?

DIVIDEND TAX
MCCAIN 15% (no change)

OBAMA 39.6%

INCOME TAX

MCCAIN (no changes)

OBAMA
(reversion to pre-Bush tax cuts)

INHERITANCE TAX

MCCAIN 0%

OBAMA Restore the inheritance tax

NEW TAXES BEING PROPOSED BY OBAMA

New government taxes

New gasoline taxes

New taxes on natural resources

New taxes on retirement accounts

New taxes to pay for socialized medicine

Thank You
Robert D. Jenkins
Vice President - Investments

Wachovia Securities

Tags: lying, forwards, rightwing, politics, political, obama, mccain

Fight The Republican Whelp Operation

Sat, 16 Aug 2008 16:48:12 GMT

clipped by: thinkingblue
clipper's remarks: The Republican Smear Campaign is in Full Swing trying to win the '08 election with fabrications, distortions, lies and nasty name calling... It's Yogi Bearer's déjà vu all over again. Why do people listen and believe this nonsense? This should have been left in grade school a long, long time ago. They say children can be mean... Well childhood has nothing on the Republican "YO MAMA WEARS COMBAT BOOTS" campaigning.

Join the "Truth fights back" movement ... sign up today and let's stop the very old "REPUBLICAN WHELP" operation in their tracks. This will not heal America it will only weaken her more! Link here: http://www.truthfightsback.com/site/index

WHELP n - any of the young of various carnivorous mammals and especially of the dog

Clip Source: www.youtube.com

John Kerry asks Jon Kyl to explain McCain's 'celebrity ad.'

[Video]

Added: August 06, 2008 (Less info)

It's clearly an attempt to smear him (Obama) with the objections to Hollywood... What does she (Britney Spears) have to do with health care, with employment, with foreign policy. You tell me what she has to do with the national dialog. Please.

Category: News & Politics

Tags:

truthfightsback Barack Obama John McCain Kerry celebrity commercial Britney Spears Paris Hilton Jon Kyl

Tags: republican, whelp, politics, political, negative, 08, campaign

More Big Pharma, Bad Science - Non-smoking Drug

Sat, 16 Aug 2008 14:37:09 GMT

clipped by: thinkingblue
clipper's remarks: Now, which is worse in your opinion... Smoking or Suicide? It doesn't take a rocket scientist to figure this out. Most would answer ...I THINK I WOULD RATHER SMOKE THAN FOR SURE KILL MYSELF BY TAKING A DRUG TO NOT SMOKE. The saddest part of this is that they (BIG PHARMA) are using our veterans as Guinea pigs in their trial and error tests. Just so they can put on the market more deadly drugs and coerce, we the public to buy into their schemes that make them rich! Video link here: http://link.brightcove.com/services/link/bcpid1417423198/bctid1715728951

Clip Source: therealnews.com

Non-smoking drug endangering soldiers' health

VA inspector general found gross violations in a VA human testing program; drug linked to suicide

This week in Arkansas the Veterans Affairs inspector general found gross violations in a VA human testing program. For soldiers returning from Afghanistan and Iraq, health care and the transition back into society are important issues. Questions are being raised about what types of health care treatments soldiers should receive. Congress held another hearing on a recent VA case involving veteran negligence based on a series of Washington Times articles. In VA hospitals a non-smoking drug Chantix is given to veterans to help them quit smoking. This even after the FDA, drug maker Pfizer and the VA itself found the drug to have serious risks, including suicidal behavior.

BOB FILNER (D-CA

a controlled study

this was something to help them stop smoking. And the secretary said, "Well, you know, smoking causes death." And I said, "Well, so does suicide."

Tags: big, pharma, science, non-smoking, drugs

How Women Got To Vote & Maxine 4 Pres 08

Fri, 15 Aug 2008 15:29:25 GMT

clipped by: thinkingblue
clipper's remarks: A friend of mine, emailed me this story on how women got the right to vote. It's hard to believe that it really wasn't that long ago when women were denied their civil rights and could not vote.
The short story is based on the HBO documentary entitled "Iron Jawed Angels." A chilling tale about the suffragists who braved all odds to see that all Americans have the right to vote.
I put together a funny youtube video starring the Hallmark darling Maxine... Even found a video on the Hallmark site called Maxine for President to add a bit of an uplift to the sad story written by an unknown writer
. Maxine for President? Why not? If only she were real, she'd make a better president than some of the one's who have held this high office in modern times. Here is the website http://www.thethinkingblue.com/MAXINE08.html
And here it is on youtube: http://www.youtube.com/watch?v=vf_o1WnjLFM

Remember to vote, a lot of people suffered and died to give us this precious right.

Clip Source: www.youtube.com

A Vote 4 Maxine - How Women Got To Vote

[Video]

How Women Got To Vote-A short history lesson on the privilege of voting

The women were innocent and defenseless. And by the end of the night, they were barely alive. Forty prison guards wielding clubs and their warden's blessing went on a rampage against the 33 women wrongly convicted of "obstructing sidewalk traffic."

They beat Lucy Burn, chained her hands to the cell bars above her head and left her hanging for the night, bleeding and gasping for air. They hurled Dora Lewis into a dark cell, smashed her head against an iron bed and knocked her out cold. Her cellmate, Alice Cosu, thought Lewis was dead and suffered a heart attack. Additional affidavits describe the guards grabbing, dragging, beating, choking, slamming, pinching, twisting and kicking the women.

Thus unfolded the "Night of Terror" on Nov. 15, 1917

suffragists imprisoned

because they dared to picket

Wilson's White House for the right to vote.

Some women won't vote

because--why, exactly?

Tags: vote, maxine, women, 2008, right, politics, political

Republicans are back in Romper Room AGAIN!

Tue, 05 Aug 2008 15:17:49 GMT

clipped by: thinkingblue
clipper's remarks: Back in July of 2003, I made a page referring to A Republican Romper Room. I have always thought the "R" party quite childish with their infantile rhetoric, and here we are in 2008 and they are back in ROMPER ROOM AGAIN! . Why don't they just GROW UP and maybe together we can finally have a world run by adults. WHAT? Not if the Republican Party has anything to do with it!
Click here to see Republican Romper Room: http://www.thethinkingblue.com/romperroom.html Watch Video Here: Gingrich: 'loony tunes' to inflate your tires to save gas http://www.youtube.com/watch?v=BRwX6IrOPDY
http://thinkingblue.blogspot.com

Clip Source: www.thethinkingblue.com

Republican Romper Room
.......................July 17, 2003
By Geov Parrish, WorkingForChange.com

Remember, way back in December 2000, after the U.S. Supreme Court finally stole, er, ruled that George W. Bush would become the next President of the United States?

One of the primary themes to emerge – from the ornate hotel lobbies of Washington, from the mouths of AM talk radio hosts, from the new regime's sneering acolytes in cowboy hats and fur-trimmed coats – was that at last, finally, grown-ups would be running Washington, D.C. No more semen-stained dresses. No more fags in uniform and half-assed missile attacks. No more her. No more children running the world.

Wrong!

At least with Clinton you knew that the most powerful man in the world had reached adolescence, if not much beyond it. But all current evidence suggests that the world is now being run by 7-year-olds.

August 5,

2008

The Republicans

are at it again

Here they are mocking Obama

for spreading good, adult advice

Tags: romper, politics, political, gas, prices

The Infamous Bail-out Of Fannie and Freddie

Mon, 28 Jul 2008 12:08:51 GMT

clipped by: thinkingblue
clipper's remarks: The R Party has contended for 30 years that anything appearing to slant towards socialism is EVIL. Feed a hungry child "NO THAT'S SOCIALISM". Universal Health Care "NO THAT'S SOCIALIZED MEDICINE, I want no part of that". The "R" Party's mantra is a loud MAKE GOV. SO SMALL YOU CAN DROWN IT IN A BATHTUB. But when it comes to Corp. bail-outs, which is another name for Corporate Socialism QUICK PULL THAT GOV-GUY OUT OF THE TUB AND APPLY CPR... It's enough to blow your mind! I've put together some TV clips and article excerpts to illustrate the hypocrisy of our gov. A saga of the U.S. Bail-out of 2 mortgage giants Freddie & Fannie. I guess the SHOW MUST GO ON. Next time you hear an "R" person yodel "IT'S NOT OUR DUTY TO HELP THE POOR", and "WE WON'T STAND FOR UNIVERSAL HEALTH CARE". Tell them to think about all the Big Bucks our gov. has spent bailing out the Fat Cats and see if they will then say "Socialism is a dirty word, it's EVIL!". Yeah, right, but only if you're POOR.

Clip Source: www.youtube.com

The Infamous Bail-out Of Fannie and Freddie

[Video]

The Republican Party have contended for some 30 odd years or so that anything appearing to slant towards socialism is EVIL. Feed a hungry child NO THAT'S SOCIALISM not with my dollar you won't. Universal Health Care NO THAT'S SOCIALIZED MEDICINE, I want no part of that. Those without insurance are lazy and have too many kids anyway, why should I care about them. The "R" Party's collective mantra is a loud MAKE GOVERNMENT SO SMALL YOU CAN DROWN IT IN A BATHTUB. But when it comes to Corporate bail-outs, which is another name for Corporate Socialism QUICK PULL THAT GOV-GUY OUT OF THE TUB AND APPLY Cardiopulmonary resuscitation (CPR)... It's enough to blow your mind! I've put together some TV clips and article excerpts to illustrate the hypocrisy of our government. A short saga of the U.S. Bail-out of two mortgage giants Freddie Mac and Fannie Mae. I guess the SHOW MUST GO ON. --

Tags: politics, socialism, bail-outs, freddie, fannie, economy

Paulson Was Against Cumbersome Regulations

Sun, 27 Jul 2008 13:16:33 GMT

clipped by: thinkingblue
clipper's remarks: Now he's trying to defuse the crisis deregulation has caused...
(excerpt) Today, (Paulson's) Goldman stands alone as the only bank that has yet to take huge write-downs in the credit crisis. However, IT was an INTEGRAL PART OF A MONEY-HUNGRY WALL ST. CULTURE that helped build, oil and maintain the securitization and SPIN-OFFS, underlying the current mortgage-fueled problems.

The financial crisis has swirled around the White House in more violent waves. But each sign of economic trouble brought assurances from regulators, Mr. Paulson and others in the Bush adm. that the housing sector was experiencing a “CORRECTION” or a “REPRICING OF RISK” (ROVE-NEWSPEAK) that would work its way through the system without throwing the economy into a steep downturn. Each assurance soon ran aground as more bad economic news poured in.
(MOTHER OF ALL SELF-RIGHTEOUS QUOTES) "the real problem facing Wall Street was a welter of cumbersome regulations" - Henry Paulson (Yew recon HE LEARNED SOMEthang)

Clip Source: www.gainesville.com

Can Hank Paulson Defuse This Crisis?

IF Henry M. Paulson Jr. hadn’t left Wall Street for Washington to become Treasury secretary in 2006, he would still be making tens of millions of dollars a year as the chairman of Goldman Sachs. He would be comfortably zipping around the globe on a corporate jet.

He wouldn’t be at the center of the Bush administration’s struggle to contain a potential financial meltdown the likes of which the world hasn’t seen since the Great Depression.

Whether Mr. Paulson has actually done the right things during his two uneven years in office has been a matter of intense debate in financial and political circles

debate reached a boiling point last week as Congress moved toward approval of a taxpayer-financed rescue package that Mr. Paulson advocated for Fannie Mae and Freddie Mac

Yet he’s also been roundly criticized as having not grasped the threat and severity of the crisis when it began to snowball about 18 months ago.

Critics on the right

accuse

Paulson

of panicking

Tags: credit, paulson, economy, politics