PPT is not buying stocks fast enough! Paulson's orders were explicit ... "screw the f&%king USA Taxpayer!" "We must prop up this ponzi market until January!" But, even at 10:30, the billions that the PPT threw/pissed at USA equities was not enough. The market is now headed into an afternoon death spiral !!!
Paulson is the worst possible bloodsucker for this job. These pigs are looting America into poverty. This is nothing short of TREASON!This info. was posted a month ago & people still voted in most of the incumbents. Perhaps their new hispanic voter base helped. Social programs & entitlments will be providing a majority in two minorities w/in 10 years. If you think they don't listen to the people now. Look out. They will succeed in eliminating the middle class, while profiting off of the impoverished masses. Goldman Sachs announced they will be cutting over 3,200 jobs. Approximately 10% of it's total workforce. Henry Paulson (Secretary of Treasury) and Neil Kashkiri (Senior Advisor to Sec. Treas.) left Goldman Sachs in 2006. Paulsen leaving with a reported severence pay of $500,000,000.00. Goldman Sachs was of the first nine banks to recieve bailout injection funds including Merrill Lynch, Bank of America, JPMorgan Chase, Citigroup, Wells Fargo, Bank of New York, and State Street Corporation. All banks receiving $125,000,000,000.00 with loan guarantees covering the next three years. There are no guarantees in place to protect the little guy. These banks are not required to lend these funds nor required to restructure their board of directors the lead these banks into the current turmoil. Paulson has done nothing to limit or halt Golden Parachutes. It is reported that Morgan Stanley will get $10,000,000,000.00 in tax dollars while dishing out $10,700,000,000.00 in compensation this year alone while it's stock value fell $34,700,000,000.00 since the beginning of the fiscal year. Do we get a thank you card from these executives for their enourmous severence packages?