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Ticket Notice: Sunday shows -- Paulson, Paulson, Paulson and Paulson

September 20, 2008 | 12:00 pm

ABC This Week: Treasury Secretary Henry M. Paulson Jr.; Sen. Christopher J. Dodd (D-Conn.), chairman of the Senate Banking, Housing and Urban Affairs Committee; and House Minority Leader John Boehner (R-Ohio); round table with ABC News consultant Donna Brazile and Sam Donaldson, Cokie Roberts and George Will of ABC News.

CBS Face the Nation: Treasury Secretary Henry M. Paulson Jr.; Rep. Barney Frank (D-Mass.), chairman of the House FinaTreasury Secretary Henry Paulsonncial Services Committee; and Sen. Richard Shelby (R-Ala.), ranking member of the Senate Banking, Housing and Urban Affairs Committee.

CNN Late Edition: John McCain's economic advisor Douglas Holtz-Eakin; CNN's Gloria Borger, Ed Henry and Bill Schneider; Republican strategists Alex Castellanos and Leslie Sanchez; and Democratic strategists Hilary Rosen and James Carville.

Fox News Sunday: Treasury Secretary Henry M. Paulson Jr.; Sen. Jon Kyl (R-Ariz.), Senate GOP whip and member of the Senate Finance Committee; and Sen. Charles E. Schumer (D-N.Y.), member of the Senate Finance Committee and the Senate Banking, Housing and Urban Affairs Committee.

NBC Meet the Press: Treasury Secretary Henry M. Paulson Jr.; New York Mayor Michael Bloomberg; round table on the economy with Steve Pearlstein of the Washington Post and CNBC's Steve Liesman, Erin Burnett and John Harwood.

-- Leslie Hoffecker

Photo credit: J. Scott Applewhite / Associated Press


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Paulson's bailout plan is a transfer of wealth from the taxpayer to wallstreet firms.WS wants to sell glass beads for gold, they want to crystalize gains on complex mortgage paper the market doesn't want to touch.Paulson was head of Goldman sachs,he can not be trusted to look out for the best interest of the public.If the public lets WS unload junk for real money,it will be one of the biggest swindles in history.WS created this mess and now they want the public to pay for it.WS NEEDS TO PAY

Is this another bizarre scandal against the American people? In 2002 Halliburton was almost broke because of Asbestos claims. We got pushed in to Iraq war by its ex CEO Dick Cheney. Direct cost of this war to us is in excess of 700 Billion dollars, and counting. Not to mention the 4000 young Men and Women whose lives were traded along with the excess of 30,000 with lost of limbs or a serious life time disability. Now Halliburton is thriving .We got fooled once (to save Halliburton) its shame on them.

Now 6 years later I have this feeling of Déjà vu. Ex-CEO, Henry Paulson, saw his company melting away, like AIG and Lehman just days ago. With 1.1 trillion dollars on the balance sheet and only 44 Billions in equity, it become evident Goldman Sacs is next in line. To save the company, on Tuesday the ex-CEO/Treasury Secretary sprung in to action. He huddled close to our leaders in Washington scaring them into action on Wednesday, just like Dick Chaney scared Dick Army days before the Iraq war was voted on by congress. I hope congress does not fall into this trap again, spending another trillion dollars of the people's money, pawning our future away to save a mismanaged company. We the people should demand full disclosure from Mr. Paulson on this issue. We the people should demand near full ownership of this company. Our administration's economic policy during last weekend, Monday and Tuesday suddenly changed as Goldman got in trouble, suddenly abandoning the concept of accountability. Why should they be treated differently than AIG and Lehman, does having the Treasury Secretary make them special?

We should say no to this new Paulson plan, and insist he does not change his policies. We should continue identifying each highly leveraged company for investors. Goldman Sacs should be treated same way as Bear stern, Lehman and AIG were. Any thing different to bail out all wall street investor will drag us in long recession with high taxes huge deficit for next several years just so that that Paulson can protect his 700 million net worth he amassed working at Goldman.

Before the government is fooled into buying even a dollar of junk investment by this Wall Street firm, they should be forced to hand over 99% of their stocks to the government. I suggest they issue 300 Million new stocks with 99% ownership and issue one stock for every citizen of this country, as we the Taxpayers will be the new stakeholders as we pull them out of the mess they created. Otherwise we the people will be left with all of the liability, and who will bail us out? China? Saudi Arabia? People who don't have our best interests at heart? This is the Change we the people deserve.

Jayesh Gosai, MD
Sager Gosai
Jefferson, Greene County Pennsylvania.


http://en.wikipedia.org/wiki/Henry_Paulson

http://www.time.com/time/arts/article/0,8599,1841755,00.html

http://latimesblogs.latimes.com/presidentbush/2008/09/cheney-lied.html



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