Paulson MUST Go
If you haven’t seen Michelle Malkin’s post on why Henry Paulson has got to be fired.
To understand the conflicts of interest Henry Paulson brings to his soon-to-be-unconstitutionally-powerful position of Secretary of the Treasury, read Frank Gaffney’s detailed, cautionary article from June, 2006, just prior to Paulson’s confirmation. In it, Mr. Gaffney details Secy. Paulson’s extensive, troubling, intimate ties to the People’s Republic of China. (Which should have, btw, derailed Paulson’s nomination).
From the article’s conclusion:
Since Communist China’s interests and those of the United States are likely to diverge ever more sharply in the years ahead, the very least that should be required of Paulson is that he recuse himself from involvement in matters of interest to the PRC. Unfortunately, as the foregoing list suggests, since China’s interests and activities figure so prominently in the Treasury portfolio, such a recusal would reduce the job to a part-time one.
In the absence of such a recusal, however, Paulson’s China-related work at Treasury will require an extraordinary level of transparency and accountability by members of Congress, the media, and the American public. We must be assured he is working for us in this job, not for Communist China as he did so successfully in the last one.
So, let me ask you, does this $700B bailout sound like it will be transparent enough that you can trust where YOUR MONEY is going when it’s in Paulson’s total control???
Consider this from Sen. Tom Coburn (R-OK) in his letter to Minority Leader Sen. Mitch McConnell:
The Jubilee Act requires the Secretary of the U.S. Treasury to “commence immediate efforts. . .to accomplish. . .cancellation by the United States of all existing debts owed to it by eligible low-income countries.”[1] This will effectively transforms at least $1.13 billion of U.S. loans to other countries into foreign aid grants that will no longer be repaid to the U.S. taxpayer.[2] In other words, S. 2166 authorizes a $1.135 billion foreign aid package.
That’s right. $1.135 MORE in foreign aid in this package. Have you heard? Did you know? Of course not, the mainstream media won’t tell you this stuff. That’s why I make an attempt to. 
Make sure you read Sen. Coburn’s entire letter. With tranquilizers at the ready and loved ones safely out of the room.
