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#1
09-29-2008, 01:16 PM
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More of the Effing Unbelievable
I am still slogging through the Emergency Economic Stabilization Act of 2008, aka the BOHICA act.
Here are some more gems. 1. The Secretary of the Treasury, aka King Henry Paulson I, actually has the right to dispose of any assets they buy under this act at any time, at any price. So, not only can he buy these distressed assets at will with your money, FOR whatever price he wants (subject to some limited restrictions), but he can then turn around and SELL the same assets, so whatever price he wants. Hey...I'd like that power. I'd be real popular. 2. The "oversight" board consists of 5 people, all of whom are presidential appointees---oh, and two of the 5 are the Fed Chairman and the Sec Treas. This is a nice deal. 5 guys get virtually unlimited power to make whomeever they want rich. NICE. If I keep reading, I'm afraid that Hank Paulson will end up getting the right to my first born son... Who the heck wrote this thing????
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“It’s not based on any particular data point,” a Treasury spokeswoman told Forbes.com Tuesday. “We just wanted to choose a really large number.” "When the stock market crashed, Franklin D. Roosevelt got on the television and didn't just talk about the, you know, the princes of greed. He said, 'Look, here's what happened.'"--Joe Biden Last edited by The Diabolical Biz Markie; 09-29-2008 at 01:21 PM.. 
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#2
09-29-2008, 01:23 PM
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#3
09-29-2008, 01:23 PM
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By which you mean Cheney.
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#4
09-29-2008, 01:24 PM
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#5
09-29-2008, 01:28 PM
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Bush is in way over is head and desperately doesn't want to go down in history as Herbert Hoover.
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Grand Funk Railroad paved the way for Jefferson Airplane, which cleared the way for Jefferson Starship. The stage was now set for the Alan Parsons Project, which I believe was some sort of hovercraft. For more information on Grand Funk consult your local library.
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#6
09-29-2008, 01:29 PM
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It's a power grab where a new 4th branch of government is being created.
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It matters not if your shepard is a repub or a demo. Either way you are a jacksheepleass incapable of thinking for yourself.
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#7
09-29-2008, 01:31 PM
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Rickson: It's one thing to be wrong but another to be wrong on EVERYTHING and then not realize when you are being made fun of for being so wrong. Rickson: He is simply taking away from other discussions, a drain on the AO.
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#8
09-29-2008, 01:32 PM
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One of my
 friends said Paulson has already purchased property overseas and is retiring in January regardless of who is elected. Rickson, can you confirm?
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2012 AO Rap Battle Champion Co-Legend of the Water Cooler(TM)
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#9
09-29-2008, 01:34 PM
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So Paulson's swoon was from him hearing Ed McMahon knocking...
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#10
09-29-2008, 01:37 PM
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