Does anyone else feel that they have been screwed with their pants still on? Henry Paulson Treasury Secretary (for at least 67 more days) announced today that even though one of the main selling points of the October Bail Out plan was that some of that money would be going to help “Main Street” it has been determined it would be better put to giving it to the banks. The exact opposite thing it was intended for. I mean is this not why we all went up in arms over the whole “I want a blank check” thing when all this first started?
Henry you keep asking me to trust you but then you do the exact thing I told you I didn’t want done. I am sorry that your friends in the banking industry may have to move from a twenty bedroom mansion to a ten bedroom mansion. I know that downgrading is difficult and harsh on the psyche, but for real you are asking for trouble.
I don’t know if you have read the paper lately but it is a new day and people are not just sitting on their hands and letting you do whatever.