Everywhere I look today, Hank Paulson's power grab, er...I mean 'bail out plan' is getting low marks.
Even his performances this morning on Meet the Press, Face the Nation (how could he? oh but he did!), and This Week with George Stephanopoulos, haven't swayed the doubters or calmed the "bail out foreign investors?!!" crowd. Confidence is showing itself to be hard to come by as taxpayers are expected to rescue Wall Street gentry who made "bad choices."
Yep, that's what compassionate conservatives once loved to say to anyone down on their luck: all through life, you made choices. Now the biggest of bad choices are nestled on the secret ledgers locked in the hidden drawers of bank executives' desks.
Then there's columnist Paul Krugman who says no deal to the Fed's massive bail out of Wall Street culprits.
Little Did I Know
You know back on Aug 26, 2006, when I was looking at Paulson's natal chart and publishing it here, I wrote that given Mr. Paulson's genius, he could probably run the White House himself.
Seems now he's making a power play for the opportunity to run the country.
Experts in finance and government once told us ad nauseum that if government "got out of the way," life would be peachy and all boats would rise.
It should be quite a while before we listen to those crocks again.
~:~ a further note on Paulson's chart:
the current Solar Eclipse Series (10 South) which manifested on August 1 (9Leo32) conjuncts/triggers Hank Paulson's natal Pluto, planet of power, transformation, and coping ability. And 9Leo+ is also conj the natal Mercuries of George Bush and the Republican Party.
Keyphrases for 10 South:
breaking out of a very negative situation where no hope can be seen for more options; a worry will suddenly clear - the cosmos shows the solution which must be taken up without too much delay. (Brady's Predictive Astrology.)
Annnnd...this is the Pre-natal Eclipse Series of candidate John McCain.
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