Gingrich was particularly critical of Paulson and the New York Federal Reserve’s earlier move, reported by The New York Times, to include Goldman Sachs’ chairman at a meeting about insurance giant AIG’s financial crisis.Those spending any amount of time inst and amongst the "expert" and/or "brilliant" classes of either government or business would not be surprised in the least as to the underlying veracity of the above.
"I don't understand how the president can avoid firing the Secretary of the Treasury when you have a former chairman of Goldman Sachs who wants to have unlimited ability to spend money, and you have the current chairman of Goldman Sachs, the only private-sector person in a room," Gingrich told Van Susteren.
"Two weeks later, the U.S. government put up $85 billion to help AIG, in which Goldman Sachs has a $20 billion exposure…"
Wednesday, October 01, 2008
Adventures in Truthdom
At the risk of attracting the black helicopter crowd, an interesting quote from former Speaker of the House (US) Newt Gingrich:
Posted by Georges at 11:44