Former Treasury Secretary Henry H. Paulson-Wall of Shame

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Previous Treasury

Secretary Henry H. Paulson

His New Theme Song.

Written by John Wright

September 19, 2010- Wow!  Talk about a face that only a mother could love!   I am talking about Dr. Evil of course, tongue in cheek.  Since we are on the topic of faces, it is also important to mention that  Henry Paulson’s face was described as being the face of the Global Financial Crisis of 2008.  This is why his mug appears in my youtube video: “Where did Bank of Defrauding America Get The Money From.”  Which by the way, the answer is from United States Treasury Secretary  Henry Paulson.

Henry Merritt “Hank” Paulson, Jr.(born March 28, 1946) previously served as the 74thUnited States Treasury Secretary.  He also previously served as the Chairman and Chief Executive Officer of Goldman Sachs.  Which I do not know about all of you, but I am totally suspicious that good old Hank was helping his old piggy bank friends, like Bank of Abusing America.   It sounds like the fox was in the White House, I mean hen house. I say this because Paulson was the one who potentially tricked Congress into funding TARP with 700 billion of your taxpayer dollars.  It would be later called the “Bait and Switch” tactic.

The article below is from Endthebailouts.com   

Henry Paulson Pulls a Bait and Switch – Won’t Apologize for Lying to Congress 

U.S. Treasury Secretary Henry Paulson sold Congress on the idea of buying mortgage-backed securities which were the “core problem” at the time. However, now he wants to expand the uses of the money to invest in credit card companies and other industries. He held a press conference today explaining that his plan is an “investment plan, not a bailout plan”. He explained that he had the broad authority to essentially use his new found powers however he saw fit.

When asked if he saw any limits to his power to the bill, he replied, “It’s very important for me to live within the intentof the bill rather than try to find loopholes” explained Paulson. He then went on to explain that he “will never apologize for changing the strategy when the facts change” and that he has “broad authority”.

So, Mr. Paulson, when you pitch to someone that you are selling them a new house, but instead you slash the tires on their car, you have committed fraud. Typically, people are prosecuted for this type of behavior. Luckily for you, the bailout bill includes a provision that makes you 100% NOT LIABLE:

SEC. 1513. <> LIABILITY PROVISIONS.

The Secretary, any State official or agency, any Federal banking agency … shall not be subject to any civil action or proceeding for monetary damages by reason of the good faith action … while acting within the scope of office or employment.

Oh yeah… The application for requesting a TARP investment is only 2 pages long. Click here to apply for a few billion dollars.

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Wall of shame is dramatic license only.  There is no other purpose.

For the record, I use a lot of dramatic license in my blog. Therefore, all persons talked about in my blog are to be considered innocent until proven guilty by a court of law. This is a peaceful demonstration where dramatic license is used in an abstract way. Please be advised that nothing in this protest is to be construed or defined as suggesting that there will be a consequence or penalty given if such protest does not produce a result. There will be absolutely no consequence issued whatsoever. Please contact me right away with any concerns that there is anything on my blog to suggest otherwise.

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