This is the trouble with lies. You lie once, and will not loose creditability, twice and you loose a quite a bit more but thrice?

And then you fall back to the same tactics. If not all agree in you lie ? everything will get messed up. Unfortunatly His Insanity has lied more than thrice, and he absolutly makes an impression on not having any clues about reality. And Paulson has alway played down sorrows, “It’ s all ok”, after the first round of lies (no bailouts) again “everything is under control” then comes another bailout and then you hear (that was the last time we’d jume for help) and not three days later he has come up whith this IMHO still braind-dead plan. And always it’s treated as if there isn’t an alternative.

This is how during second 2nd world war soldats were send to be slaughtered and it’s the same in Iraque. If you do not search for alternatives, you surely won’t find them.

They’ve lied to often and that makes it unbelievable difficult to “believe” them once again.
I’d give both some sort of credit if they would put most of what they own to “that plan”. And I’d ask everyone which is for that plan, doing the same. But strange enough that’s not heard from anyone. So how convinced are they “beeing right”, not that much.

Paulsons efforts to get free hand, without any “regulative”, speaks to much of nepotism (especially to this clueless banking collegues), and believing in their risk management seems to be a very bad idea also. So AFAIKT, all the “managers” in charge (for this crumbling corporations) must either agree to step in with their whole property to fix their errors or
give back most of the money they got during the last years, step back and let others try to fix that messs. That would be without example in history, but it seems really strong things must happen to stop this mess.

Even 700 Mrd $ will not make it…..