I once posed the question, “Wall Street knows what it’s doing, does Washington?” Well now we have our answer.
It turns out that ex-Goldman Sachs chief and Treasury Secretary Hank Paulsen didn’t have a clue as to how mortgage backed securities worked. Here is a guy that ran one of the most powerful companies on Wall Street, and then held the keys to America’s purse strings. Didn’t have a clue. Didn’t understand, wasn’t close to it. So the TARP, the bailouts, the stimulus-all that crap-what are the odds Washington suddenly got their act together?
Well, we know that Paulsen was replaced by Timmy the tax cheat Geithner, a guy who couldn’t figure out Turbo Tax. If these guys are in the dark, how competent do you think Obama, Pelosi, Reid, Frank, and rest of the dolts trolling Washington are?
It’s time for America to get a clue. We can’t afford to have this bunch using our collective ATM card.
Yes its time for Americans to wake-up to the fact that our country is being ran by incompetent people with Obama being the worst one of all. Obama does not have any experience what so ever! Time for Tea Party Day 4th July!