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goldminingXpert (29.61)

The Skeletor Strikes Agains

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26

October 08, 2008 – Comments (8)

America's dumbest public official--a man so stupid that he makes even Herbert Hoover and Bush 43 look like intellectual giants--stuttered his way through an excruitatingly long horrow show on CNBC. Before the tragic interview began, the market was surging more than 100 points higher. By the time the nightmare ended and Hank "I Hate America" Paulson was done speaking, the Dow had dropped 194 points. This dimwitted disaster singled-handedly destroyed 300 dow points. Why is this terrorist--a man so stupid that my cat has both more lives and a higher IQ than him-- allowed to parade around on TV and terrify investors. Paulson is America's greatest enemy--I believe that tarring and feathering is only just solution to our problem.

8 Comments – Post Your Own

#1) On October 08, 2008 at 4:32 PM, givmeabreak (28.89) wrote:

Skeletor! LOL Classic.

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#2) On October 08, 2008 at 5:01 PM, dexion10 (27.92) wrote:

rant on brother

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#3) On October 08, 2008 at 5:40 PM, jester112358 (28.98) wrote:

It takes more than one man to destroy an economy-it takes a villiage (of idiots in congress).  And Greenspan is clearly the prime culprit with his easy money policies along with a demoncratic controlled congress hell bent on giving loans to low or no income home buyers using no down payment mortgages and using the GSEs to implement their socialist "fairness" strategies.  This is the democrats largest welfare program ever!

I doubt reall whether any persons comments, however stupid are an explanation for market behavior.  We all just like nice narratives, good stories.  A more reasonable explanation of the continuing moves downward are huge investor redemptions and the need to raise cash to pay future CDS obligations such as this Friday's LEH auction and then the WM CDS auction on the 26th.

Hank needs to understand sometimes doing nothing is the best strategy.

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#4) On October 08, 2008 at 6:00 PM, kdakota630 (29.80) wrote:

Please, goldminingXpert, don't hold back.  Tell us what you really think of Henry Paulson.

LOL!

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#5) On October 08, 2008 at 8:40 PM, Terok1313 (30.63) wrote:

I wish I could rec a post more than once :-)

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#6) On October 08, 2008 at 10:26 PM, gman444 (29.09) wrote:

He cost me a bunch of (real) money today too.

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#7) On October 09, 2008 at 11:00 AM, columbia1 wrote:

I watched the question and answer portion, Paulson stuttering nonsense at the reporters questions, he came off like he did not understand the questions, which were basic. He reminded me of students not studying before a major exam,just sort of dancing around the subject, changing his thoughts in mid-sentence. Never giving a real answer, pathetic!!! 

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#8) On October 09, 2008 at 12:56 PM, abitare (54.94) wrote:

goldminingXpert,

Take a look at my last two posts, including:

The CEO of LEH gets Knocked Out

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