Paulson, the architect of the bailout, also said that he will fight requests by Democrats to include a broader stimulus package in the bailout legislation.
---------------------------------

Yes, let's scare everybody into a quick decision.

U.S. Secretary of the Treasury, Henry Paulson is a Republican. He was also the CEO of Goldman Sachs, the company that forced Lehman out of business with short-sales and rumor-mongering. Lehman is the only company the Bush regime forced into bankruptcy while all the other Wall Street gang gets a bail-out.

Paulson has worked for Republicans his entire life -- as far back as the Nixon administration.

The Republican SEC Chairman, Christopher Cox was not asleep at the wheel. He deliberately left Lehman, Fannie and Freddie to fight off the rest of the Wall Street gang by NOT enforcing current laws on short-selling. When forced, he put in place some new rules that should have been made permanent. Instead, he let the rules expire. During the expired month which left the market unregulated, Lehman, Fannie and Freddie all failed. Immediately following these beat-downs of these companies, Cox made permanent the rules that would have saved them.

This is no coincidence. This is the Republican machine and cronism working as intended.

Just like in physical war, when it comes to financial battles, the Republican machine is as vindictive as ever. They have no shame. You're either with them or they will crush you in the name of protecting the tax payer.

Lord help us if the Republicans "deregulate" any other major industry and bail them out when the bubbles burst at taxpayer expense.

Obama/Biden 08!

Common Sense

Sure, it's all the fault of deregulation. Such a simple world you live in.

Vote for people who are voting against these bailouts! Every man woman and child in this country will owe thousands of dollars to bail out people who knew they were taking a risk - from homeowners to stock holders, That's what risk is all about. You just might lose your money. This is a slap in the face to every person who did not take the risk.

Barack Obama has been exposed as being bought by corporate America.

Obama's support of the bailout - which is equivalent to a transfer of wealth from the lower and middle classes to the wealthy - is testament to the fact corporate USA - hedge funds, Fannie Mae (where an advisor of his was the head), and financial institutions generally - own him.

Barack Obama has never done ANYTHING for the lower and middle classes in America, and this latest move of his shows that.

Obama = Bush = help the rich

Common Sense,

If you are so against bailing out the wealthy you should NOT vote for Obama.
McCain opposed these government bailouts, Obama supported them.

Maybe Jim Johnson convinced Barack this "needed" to be done.

Obama: Paid for and endorsed by corporate America.

Obama = bailouts. plain and simple.

At the end of the day, Obama's past associates read like the nations most wanted. This guy is just plain crooked and even his most ardent supporters have to change the subject when his past comes up for debate. Easier to change the subject than to defend the shallow one.

Now, he's broadened his list of greedy thugs to include those large companies who funded him well -- AIG, Lehman and the rest! Obama is beholding to the entire lot!

Not giving in to Dems on helping homeowners (which everyone except Paulson & Brnanke know is the only thing that's really going to fix this), but at the same time giving in to every foreign bank with US gov help, therefby making it absolutely pointless to be a US bank. Is this guy kidding?

I don't believe him that this is urgent anymore. If it was really urgent then he wouldn't be so unreasonable.

1st trillion
Mccain Keating S&L deregulation fiasco

2nd trillion
McCain bush fight for the Iraq War

3rd trillion
Mccain Gramm deregulation fiasco again

how many trillions does this guy have to be somewhere in the mix with before we say...

"oh you know what...we probably shouldn't give him the keys to the kingdom and it's economic engine?"

Morons and very bad people do not connect the dots.

and yes...the buck stops...not with Bush and mccain

the buck stops in history and shall be blamed on the people who voted for them.

FYI

They used these same arguments that some are using now to get us into this hole and keep their tax burden only growing at half of the rate (just as it has for the last 40 years) redistributing that burden up...because of "trickle down economics"

guess what?
Trickle down economics has had no effect in the long run on either direction of our economy.

The argument itself is unproven and is a campaign it's a scam/trick that has successfully fooled us.

all trickle down economics does is make sure the priority is on the rich

and not where our engine is

what they don't tell you is that is the middle class has more money to spend that creates more need for business and more spending.

it works both ways liars.

This is so wrong.

Let's see we can help homeowners not default on the loans, or watch the homeowner default and help the banks.

I know let's just give the money to the banks. Welfare for the rich again. No accountability, rewards for a lazy day's work, redistribution of wealth to the wealthy.

This is a crime. How can we trust the liers that CAN NOT seem to get anything right. No bail out no way . Protect USA . There clowns all need to go .NOW

New McCain talking point is apparently to blame Obama for the bailouts - yeah, right - remember this is Bush still in charge.

Look what this frickin MORON Bush/Cheney administration has turned this country into - a divided country, that starts pre-emptive wars, raises our debt, spies on its citizens, tortures foreign 'combatants', installs an alarming new level of socialism (government now owns banks/mortgages/insurance), and then (in true fascist form) tries to use fear to scapegoat so-called 'enemies within'.

This whole thing is crazy and you guys are not fooling anybody around here with even a quarter of a brain.

"President" Paulson is evading all of George's questions regarding the Investment Banker Bailout plan. What about those in foreclosure or individual bankruptcy and limits on executive compensation.

WHAT ABOUT ME I'M IN FORECLOSURE AND I CANNOT GET HELP IN BANKRUPTCY. THE GOVERNMENT IS DOING NOTHING FOR ME.

WHAT ABOUT ME THE REGULAR TAXPAYER????

Paulson will find that his intentions of bailing out Wall Street and letting the Americans who have bad Mortgages to fend for themselves, is something Obama will not allow. I say Obama should still push his economic/social agenda through.

Either the working class is included in the bailout or no deal!

I have it on very good Authority that when Credit is flowing freely again the Market will rebound. Thus the Govt. intervention would not be so drastic, However regulating the Banking, Energy and Real estate industries must happen within the next year!

It is really time to put Americans First.

The bail-out is a scam. As an American taxpayer I am against giving one cent to bail-out a foreign company. American jobs have been sent overseas and we have Americans who have lost their houses and their jobs sleeping in tent cities and sleeping in their cars and Washington is going to give taxpayer's money to bail-out these greedy corrupt people so they stuff more money in their all ready bulging, greedy pockets. We need more hocckey moms sent to congress to replace the greedy rable we have there now.

So let them pay for it.

JA,

"If you are so against bailing out the wealthy you should NOT vote for Obama.
McCain opposed these government bailouts, Obama supported them."

U.S. Secretary of the Treasury, Henry Paulson is a Republican. He was also the CEO of Goldman Sachs, the company that forced Lehman out of business with short-sales and rumor-mongering. Lehman is the only company the Bush regime forced into bankruptcy while all the other Wall Street gang gets a bail-out.

Paulson has worked for Republicans his entire life -- as far back as the Nixon administration.

The Republican SEC Chairman, Christopher Cox was not asleep at the wheel. He deliberately left Lehman, Fannie and Freddie to fight off the rest of the Wall Street gang by NOT enforcing current laws on short-selling. When forced, he put in place some new rules that should have been made permanent. Instead, he let the rules expire. During the expired month which left the market unregulated, Lehman, Fannie and Freddie all failed. Immediately following these beat-downs of these companies, Cox made permanent the rules that would have saved them.

This is no coincidence. This is the Republican machine and cronism working as intended.

Just like in physical war, when it comes to financial battles, the Republican machine is as vindictive as ever. They have no shame. You're either with them or they will crush you in the name of protecting the tax payer.

Lord help us if the Republicans "deregulate" any other major industry and bail them out when the bubbles burst at taxpayer expense.

Obama/Biden 08!

CONGRESS AND THE BUSH ADMINISTRATION ARE ORCHASTRATING THE BIGGEST RIPPOFF IN AMERICAN HISTORY Congress and the Bush Administration are rushing to pass a bill that will cost each and every household almost $10,000 apiece . (adding insult to injury is the fact that over 40 percent of filers pay zero income tax ). The Wall Street PR machines have been working overtime all week trying to set the wheels in motion. The reason: They are afraid of the revolt that would otherwise come out about how reckless they were in participating in the THEFT OF THE AMERICAN DREAM. The reason the bill is being put forth with a specific provision EXCLUDING ANY FUTURE COURT REVIEW OF THE DEALS is because they are afraid of the backlash from the American people that would come from the resulting debate in open court. There are actually less than a dozen politicians in congress that haven’t received campaign money from the all powerful Wall Street Lobby. The truth is the bill deserves to be debated in open session on the floor of congress. One only needs to look at the recovery posted on Friday to understand that the argument that the legislation needs to be passed before the markets open on Monday is false. The American people deserve the truth. The truth never needs to hide in the shadows. The markets will respond positively to the Full Open and Honest Debate. We have to stop rewarding GREED and DECEIT. If you believe in your country now is the time to stand up and be heard.

At the end of the day, Obama's past associates read like the nations most wanted. This guy is just plain crooked and even his most ardent supporters have to change the subject when his past comes up for debate. Easier to change the subject than to defend the shallow one.

Now, he's broadened his list of greedy thugs to include those large companies who funded him well -- AIG, Lehman and the rest! Obama is beholding to the entire lot!