economists say the nation is at increasing risk of recession, what do you say? i say the fundamentals of our nations economy are strong. firms begin to announce losses from some prime mortgage- backed securities but the idea was, this is under control and been been a key who was the chairman of the federal reserve and pulse and was secretary of treasury said this is contained. a u.s. economy is resilient. i believe our economy will continue to grow although at a lesser pace than we saw . paulson had been the chief executive of goldman sachs, so he was an insider, for better or worse. he knew where the bodies were buried. testified before a house committee, federal reserve chairman threw his weight behind the stimulus package. bernanke was an expert in
to congress, asking for these kinds of things. it is a terrible position to be in. the only thing worse is the alternative. if the credit markets are not functioning, or houses will be foreclosed upon. the economy will not be able to recover. i know that we will be able to live up to our side of the bargain. i hope the republicans will, too. good day and what a day it s been so far, the presence financial bailout plan has suffered a major defeat. they go to capitol hill and the bill fails, the results are dramatic. wall street watched washington with shock and fear as the bailout package went down on capitol hill, the dow went down like a sub. this is the biggest point drop that s ever been seen. there s virtually no american is not feeling this. you just wiped out everybody s 401(k). this is pure discuss, zero confidence. none. paulson called me that
Financial markets in the United States and around the world face adire emergency requiring urgent and decisive action. The package of emergency steps now before Congress is intended to address thatproblem and restore America's credit markets while protecting thetaxpayer as much as possible from the cost of dealing with thecrisis. Certain provisions are far more troubling, however, andraise serious constitutional concerns.
flying cindy paulson in the airplane? probably going to go up on knik river, yes. what was your plan with her? to ah, spend that day there out there with her. then what? come back. i have taken other girls out there before and simply come back. what made you decide not to bring some of them back? what happened? once out there, as long as they would go along with what i wanted out there, okay. go home and that was it. and if they didn t? they stayed. cindy paulson. 17 years old. she dresses up, lipstick, and, you know, makes herself look older, but she s a kid. she starts to be able to tell the cops what happened, you know, that she d been kidnapped, that she d been raped, that this guy was gonna try and fly her somewhere up to a cabin in the knik. gee