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Monday, October 6

Bailout Bill Smells Fishy

Bailout Bill Cans American Jobs

Has anyone wondered why the so-called “bailout bill” has coincided with gazillions of lost white collar jobs to India and who has been guarding that chicken coop? Or why Goldman Sachs bribed the Senate to pass the “bailout bill” that it had first overwhelmingly rejected?

Is the $700 Billion Wall Street Bailout Bill designed to
sell American white collar jobs to India? Who couldn’t be in a better position than Hank Paulson’s insider protégé, Neel Kashkari (pronounced cash - carry) of Goldman Sachs to pave the way?

The Wall Street Journal’s Deborah Solomon reported today, Treasury Secretary Hank Paulson has promoted fellow Goldman Sachs alum Neel Kashkari, 35, the Treasury’s assistant secretary for international affairs, as the new “point man overseeing the $700 billion financial bailout as the interim head of Paulson’s Office of Financial Stability.”

How and why did the original 3 page document turn into a four hundred page-plus “bailout-bill” that
that loops in green tech giveaways and IRS snooping? (hint: SF is home to Al Gore’s leading green tech, pro-outsourcing venture capital firm that is addled with former investment bankers such as Kashkari.)

Kashkari reportedly was one of three Treasury staffers–including general counsel Robert Hoyt and head of legislative affairs Kevin Fromer–who stayed up until 4 a.m. last Sunday putting together the $700 billion bailout bill that was shot down by House Republicans the next day. (Kashkari was a vice president-level banker in Goldman’s San Francisco technology banking effort when Paulson reportedly tapped him to join Treasury.)

“It’s starting to look more and more like the bailout is actually a Goldman Sach’s bailout. Something smells fishy about this appointment! Ex-Goldman Sach’s people are getting ready to clean out the American people’s 700 billion. They are drooling and getting their own pockets ready to get filled up with chunks of the 700 billion jackpot!”

Smells fishy? As the New York Post pointed out, “millions in tax breaks and related pork for kids' wooden arrows, Puerto Rican rum producers, auto race tracks, and corporations operating in American Samoa” also came out winners. American Samoa? It turns out that StarKist has a large tuna-canning operation smack-dab in American Samoa and its parent company happens to be located smack-dab in the district of House Speaker Nancy Pelosi.

Hahaha. Oh, the drama…As if this little old 3 page bill ever were really a 3 page bill and that the subprime mortgage scam combined with continued,
legalized purging of white collar jobs were based on some Great Labor Shortage or some accident. Or that we don’t know who is already a slam dunk for president next month to be the new Crime Boss of these totalitarian nanny states of feudal serf America, wrapped up in shiny, happy people-sheeple-speak…


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