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NEARING

Thoughts Create. Do The Right Thing.
Articles Posted: 51  Links Seeded: 3639
Member Since: 6/2007  Last Seen: 5/03/2012

Paulson kneels before Pelosi, begs for bailout package

Seeded on Fri Sep 26, 2008 1:14 PM EDT
Read ArticleArticle Source: Raw Story
Seeded by nearing
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Thursday, in the Roosevelt Room after the session, the Treasury secretary, Henry M. Paulson Jr., literally bent down on one knee as he pleaded with Nancy Pelosi, the House Speaker, not to "blow it up" by withdrawing her party's support for the package over what Ms. Pelosi derided as a Republican betrayal.

"I didn't know you were Catholic," Ms. Pelosi said, a wry reference to Mr. Paulson's kneeling, according to someone who observed the exchange. She went on: "It's not me blowing this up, it's the Republicans."

Mr. Paulson sighed. "I know. I know."

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Published to:

nearing

The rapid unraveling of an agreement over the Wall Street bailout seemed to coincide with Republican presidential candidate John McCain's ostentatious return to the Capitol.

"It was the very outcome the White House had said it intended to avoid," the Times Sheryl Gay Stolberg wrote, "with partisan presidential politics appearing to trample what had been exceedingly delicate Congressional negotiations."

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***Please note: I intend to keep the discussions of this seed on-topic.

  • 2 votes
Reply#1 - Fri Sep 26, 2008 1:18 PM EDT
douglasq

The article I read about this implied he did this in jest to lighten the mood in the room.

  • 3 votes
#1.1 - Fri Sep 26, 2008 2:04 PM EDT
Reply
jbdaad

Some guys will do anything. Sheesh!

  • 1 vote
Reply#2 - Fri Sep 26, 2008 1:26 PM EDT
Raat ki Raani

Let him get to begging. Then some more. Then bring in the dogs. This guys demands all consuming power to solve the crisis. He's no different than a ransom agent.

  • 3 votes
Reply#3 - Fri Sep 26, 2008 1:33 PM EDT
Annoyed-373400

What I thought of when I read this article this morning was that Paulson is soooooo desparate to get control of all that money, with no strings attached, he probably would have kissed her feet if the press wasn't there. Sure, he made it seem like he was joking. I don't buy it. Guess he won't be a billionare when all of this is said and done. Begging or not.

  • 3 votes
Reply#4 - Fri Sep 26, 2008 2:05 PM EDT
jdl-28

This guy is a joke and has help us get into this position he should never have free control over any money, how much is his friend going to give him back for helping them.

  • 2 votes
Reply#5 - Fri Sep 26, 2008 5:36 PM EDT
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