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16926 |
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Date: February 02, 2020 at 15:18:29
From: pamela, [DNS_Address]
Subject: How Billionaires Tom Steyer and Michael Bloomberg Corrupted Climate Sc |
URL: https://www.forbes.com/sites/rogerpielke/2020/01/02/how-billionaires-tom-steyer-and-michael-bloomberg-corrupted-climate-science/#174284a9702c |
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How Billionaires Tom Steyer and Michael Bloomberg Corrupted Climate Science
Came out today, Feb 2 2020-
Amazing the author of this article says : (Disclosure: I have endorsed publicly one of their Democratic opponents, Amy Klobuchar, but I will vote for whomever the Democrats select this November, including Steyer or Bloomberg.)
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16927 |
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Date: February 02, 2020 at 21:02:17
From: pamela, [DNS_Address]
Subject: Re: How Billionaires Tom Steyer and Michael Bloomberg Corrupted... |
URL: https://en.wikipedia.org/wiki/Henry_Paulson#U.S._government_economic_bailout_of_2008 |
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And guess who the third one was?
Yep, Paulson the one who held USA citizens hostage to bail their dirty bankster asses out. Remember him? Who could forget.
U.S. government economic bailout of 2008[edit]
Paulson, Ben Bernanke and Christopher Cox in September 2008 as President Bush speaks about the economy
Paulson, acting as U.S. Treasury Secretary, caused outcries from both the Republican and Democratic Parties as well as the general populace as he tried to get the situation under control.
Through unprecedented intervention by the U.S. Treasury, Paulson led government efforts which he said were aimed at avoiding a severe economic slowdown. After the Dow Jones dropped 30% and turmoil ensued in the global markets, Paulson pushed through legislation authorizing the Treasury to use $700 billion to stabilize the financial system. Working with Federal Reserve Chairman Ben Bernanke, he influenced the decision to create a credit facility (bridge loan and warrants) of US$85 billion to American International Group so it would avoid filing bankruptcy, after having been told that AIG held teacher pension plans, 401k plans, $1.5 trillion in life insurance plans for Americans, and the French Finance Minister called to let Paulson know that AIG held the interests of many Eurozone countries.
On September 19, 2008, Paulson called for the U.S. government to use hundreds of billions of Treasury dollars to help financial firms clean up nonperforming mortgages threatening the liquidity of those firms.[38] Because of his leadership and public appearances on this issue, the press labeled these measures the "Paulson financial rescue plan" or simply the Paulson Plan.[39]
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