Who makes the big money in wall street?

Do Americans want to bailout Wall Street with $700 to $1 trillion of our money?

• Why can't we just say NO, and I have said no when I called US Senators, representative, and Speaker Nancy Pelosi's office. I told them my opinion is NO bailout for Wall Street, and lend them the money at the US Treasury rate that banks pay when they borrow money. If they are such good investments, we do not have to buy them, as we can lend them the money at the 2% rate of the US Treasury, and congress can stipulate the payback timeframe. If they don't pay the money back, then we foreclose on them in a swift manner just the same as the American taxpayer. My suggestion as an MBA, CPA-retired: We need to LEND these corporations the money at the US Treasury rate in 2008. If they don't pay the money back in a timely fashion determined by our lawmakers, then we foreclose on them. Easy solution just LEND them the money since they are such good investments - perhaps too easy compared to giving them a $700+ billion dollar bailout. Perhaps we need to learn about the billionnaire Henry Paulson, Sect of the Treasury leading this demand for our money. The information can be found on google and wikepedia.org. Henry Paulson, Secretary of the US Treasury made $37 million as CEO of Goldman Sachs in 2005, $16.5 million in 2006 from Goldman Sachs and in 2006 he received a salary as US Treasury Secretary after he used his political influence to get a job from The Bush Admin. Henry Paulson in 2006 gave $100 million of his Goldman Sachs since he was the primary stockholder, to his family. Henry Paulson asked the US govt. for permission to sell $500 million of Goldman Sachs stock because it was illegal for him to have a conflict of interest by having this stock. This meant that in 2006 Henry Paulson sold $500 million of Goldman Sachs stock and did not pay the $200 million of IRS income taxes. This means that for 2006 Henry Paulson received $16.5 million salary from Goldman Sachs, 1/2 year of US Secty. Treasury salary, and a bonus of $200 million by having a $500 million tax free sale of his Goldman Sachs transactions by going to work for the Bush Administration. Perhaps this answers the question "WHY WOULD A BILLIONNAIRE GO TO WORK FOR THE US GOVERNMENT for ABOUT $191,300 PER YEAR, or for $96,000 for the 1/2 year of 2006 ". Did Henry Paulson plan to evade US income taxes on the sale of his Goldman Sachs stock of $500 million by going to work for the government and using the IRS loophole to his advantage? Did Henry Paulson have knowledge in 2006 that Goldman Sachs and the markets were having financial trouble and that it was a good time to sell, and thereby having insider trader knowledge since he was the CEO of Goldman Sachs and the majority stockholder for years? Did he have a conflict of interest by giving $100 million in stock to his family in 2006? Is Henry Paulson's pension still tied to Goldman Sachs, and so the conflict of interest still exists, even if he did not collect it yet? Or, did Henry Paulson give up his pension at Goldman Sachs which I believe is about $1 million per year when he decides to collect, since he was the CEO and majority stockholder for years? Any person can put their investments in a blind trust instead of selling their stock when they go to work for the government. Why in 2006 did Henry Paulson decide to get rid of $600 million worth of stock instead of setting up a blind trust as the IRS law allows, and did he have CEO insider knowledge that the MARKETS were in trouble? Is this the man who is presenting this to Congress today, Wed., Sept. 24, 2008 and who was paid in 2006 by Goldman Sachs as CEO? As Americans, please post your thoughts!

• Answer:

  no bail out!! where was the government when americans are losing their homes and these greedy banks instead of working with people to keep their homes take them away and sell them again sorry looks like their plan failed!!!