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:

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.

"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…"
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.

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