Katie Couric's Notebook: Paulson
His nickname on the op-ed pages is King Henry. Treasury Secretary Henry Paulson is responding to some desperate financial times, with some pretty desperate measures.
Video: He was on Capitol Hill trying to convince Congress to spend $700 billion to buy up bad debt. Not just mortgages, but virtually any kind of debt - from credit cards to car loans. I was tempted to throw my American Express card bill into the mix. Who would know?
Secretary Paulson's proposal would give him broad power to decide which assets to buy and how much to pay. There's even a provision in the plan calling some of his decisions non-reviewable.
Our nation has prospered for more than two centuries with a system of checks and balances. While some type of bailout plan may be necessary, Congress needs to be careful it doesn't fix this financial mess by giving the king the keys to the castle.
When the pa insurance department said this
on may 7th
PENNSYLVANI INSURANCE DEPARTMENT FINES CONSECO UNDER PENNSYLVANIA-LED, MULTI-STATE AGREEMENT
Market Conduct Examination Finds Serious Violations in Long-Term Care Insurance Market
HARRISBURG %u2013 Acting Insurance Commissioner Joel Ario today announced a 40-state settlement with Conseco Inc., which was necessary due to a pattern of consumer harm in the company%u2019s long-term care insurance business.
Shouldn''t you question why they are rushing to put 144,000 policyholders into a trust with conseco?
Listen to Frank N. Darras discuss the dangers of this trust
http://www.voiceamerica.com/tomwoodruff.html
SAVEMYLTC.com is telling you, because Conseco is NOT OBLIGATED to tell you
Just plan tired of every channel pushing Palin/McCain down our throats, the Woman that took what is it 6 years to complete College, the woman that will take away the women%u2019s rights to choose, the woman that ET says every woman wants to be like! Well not me, I wish her well in life but she isn%u2019t prepared to run the country if God forbid McCain can not, PEOPLE WAKE UP!!! Also...what is McCain afraid of this week....mmmm could he be chicken to debate? What he can%u2019t muli task? This is just in my opinion, but I just want everyone to read between the lines and pray for our Country and not jump into voting for people that may not have our best interest at heart! I am really shocked on how the media seems to be one sided! As for the News PLEASE GIVE US A BREAK, I AM TIRED OF HEARING ABOUT PALIN AND WHAT SHE IS WEARING AND HER GLASSES IT IS NOT A FASHION SHOW! PLEASE GIVE ME AND EVERYONE I KNOW A BREAK! Just because someone may look nice or dress nicely doesn%u2019t mean they can do the job! God Bless us all!
I just watched your biased interview with Sarah Palin. Why were you so condescending? Why did you hammer her on specifics that you have never done with a democrat? Would you have ever asked these questions of Joe Biden? Never? Joe Biden doesn''t know what president was in office during the depression. You have demonstrated abaolutely no credentials as an independent news journalist. You have lost both my wife and me as viewers.
Why would our country pay a bank to make our money and then pay interest on it instead on making it ourselves interest free?
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by ctmaple
September 26, 2008 5:40 PM PDT
- Why isn''t someone asking the question about all the billions of dollars that leave our country every day in foreign aid, the Iraq war, etc. Should we not pull in the pursestrings until we have our own house in order, put America first for a change. Then when we are stable, go back and review the needs of Africa, the "TB problem in Tibet". etc. We must stop the hemorrhage first before we can successly resusciate the patient.
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