Paulson says US bail-out working


Editor: He should have said the plan is working for his friends – everybody else can screw off. America has been robbed in the same fashion as 1929.

History repeats.

.

Paulson says US bail-out working

Henry Paulson outlined three ‘critical priorities’ for the rescue plan

He also appeared to rule out giving any of the funds to US carmakers, saying the bail-out was for financial firms.

The $700bn (£494bn) US bail-out package has already “clearly helped stabilise” the financial system, US Treasury Secretary Henry Paulson has said.

But he added that there were still many challenges ahead and market turbulence was likely to continue for some time.

Mr Paulson said authorities had abandoned plans to use some of the $700bn to buy up banks’ bad debts.

Source BBC

Nancy Pelosi–conspirator in pearls – Delivering American sovereignty over to the United Nations

What he really means as delivered by the late George Carlin. The first time I watched this I had a hard time believing they would actually go after the pension money, well……….. Listen to George, he understood truth.

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