Should Henry Paulson, the Secretary of the Treasury, be fired for gross incompetance?

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His Divine Shadow

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Not only has he been wrong on pretty much every economic pronouncement he has ever made (including back during the Bear Sterns bailout when he said that things were going to get better from there on in), but he is pretty much trying to scare Americans with unsubstantiated pronouncements of doom to get a $700 billion dollar blank check to bail out his buddies and the friends of fat cat politicians that we are going to pay for in higher taxes, a larger national debt, or greater inflation.

So far, I haven't heard one credible economist explain to me how this supposed "crisis" is supposed to affect the folks. I've heard ridiculous claims about how the world will end if all this fake wealth that exists in the form of mortgages that have always been worthless and overvalued houses that were never worth that much is exposed for the fluff that it is, but nothing explaining HOW this is supposed to happen or HOW a bailout is going to help anybody other than the banks.

As far as I am concerned, Henry Paulson should not only be fired for gross incompetance, he should be jailed for treason for demanding the theft of $700 billion dollars from productive citizens to prolong a financial illusion so his friends can make out while everyone else pays for it.

YOUR THOUGHTS?
 
Yes, and I also think that he and the multi millionaire CEOs of all the investment banks and mortgage companies that caused all of these problems should be forced to sell some of their many multi million dollar houses and airplanes and other properties to help the bail out.
 
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