Listen to the Roubini teleconference (linked from another current thread on this forum), where an objective smart economist shares how he thinks the plan should be reformulated to include.
As originally concocted by Paulson, anyone with a functioning brain could see the plan is a confidence game, also known as a bunko, con, flim flam, gaffle, grift, scam, scheme, or swindle!
It’s obvious goal was to use fear to swindle money from good American taxpayers and use that money to prevent RICH shareholders of (such as Paulson) from losing money on their stock shares in Wall St. financial firms
Reason why confidence scam artist (also Treasury Secretary) GOT ON HIS KNEES to beg the Speaker of the House is because Paulson wants to save (w/taxpayer money) his own hundreds of millions of stock and options in Goldman Sachs (for which he was previously CEO!)
