Tuesday, November 18, 2008
Paulson acts unilaterally, against Congress' intent
Who made Hank Paulson God?
Paulson repeatedly stated the actions that HE believed appropriate for the $700 billion bailout, even though Barney Frank pointed out numerous and specific instances in the bill's language where Treasury had been INSTRUCTED BY CONGRESS to spend, as in the case of mortgage relief.
Paulson basically said that he thought that was not appropriate use of the money.
CONGRESS decides what the money is to be used for, NOT PAULSON!
Paulson has hijacked the money for his Wall Street friends and he has even limited the amount that he will distribute. (Just giving relief to the likes of Goldman, Citi, JP Morgan, Morgan Stanley and a handful of others, but far below the $700 billion authorized.)
Who made Paulson God?
He should be held in contempt of Congress!!