Another Paulson headfake

Just a few short days ago, Paulson said he had "no plans" to seek the additional 350 billion from the TARP fund before leaving office. It should come as no surprise that he juked the country again, running to Congress with his tried-and-true fear mongering. Paulson says he now needs the additional 350 billion to pay for the auto bailout and to "to support financial market stability."

Congress has vowed to debate the issue heavily, with many key democrats extremely upset with Paulson because of his complete and utter disregard for transparency (or any other due process of law). The funds will be distributed automatically unless the houses of Congress vote it down.

Just a friendly reminder that Hank Paulson is not an elected official, he is appointed by the President, and is in complete control of trillions of taxpayer dollars and answers to no one. Congress is powerless to reign him in as a result of language in the TARP bill. All Congress can do is shout at him and Neel Kaskari in episodes of political theater.

While we're at it, let's remind everyone that the Federal Reserve is a private bank with no Federal budget, yet holds the public taxpayer purse. They control the economy by issuing our currency and adjusting interest rates. Essentially, they play god with our economy and we are the pawns.

Had enough America?