Hank Paulson, who championed the crackpot TARP as Treasury Secretary under Bush 43, is a Christian Scientist

From the story:

But the reality of the existential crisis remained elusive to church officials. In 2005, Nathan Talbot and J Thomas Black, longtime church leaders who had promoted recklessly irresponsible policies encouraging the medical neglect of children, endorsed ambitious plans for raising the dead. Black argued that Eddy wanted to keep alive the possibility of defeating mortality, saying, “What would set us apart as a denomination more than raising the dead?” What indeed? Black himself has had ample opportunity to demonstrate it: he died in December 2011, and hasn’t been seen since. ...

 

So did the softening of some Christian Science attitudes suggest that the church was undergoing a genuine change of heart? Or were they trying to save their jobs, their pride and the institution? At that time, officials were grasping at relationships with ecumenical groups and New Age alternative healers – anything to boost membership. Shirley Paulson, for example, sister-in-law of former US treasury secretary Hank Paulson (also a Christian Scientist, taught by Nathan Talbot), contributed to a series of summit meetings – known as “Church Alive” – which sought to jazz up services with ideas fresh from the 1950s: reading from recent translations of the Bible (more recent than the King James version, that is), singing hymns a cappella, and urging Sunday School students to rap their narcotic weekly “Lesson Sermons”.

Traitors to the Republican Party: Bushie Bailout King Hank Paulson joins Bushie Dick Armitage endorsing Hillary Clinton

Story here.

Neil Barofsky, TARP "Watchdog", Blasts Financial Fascism In New Book

And Gretchen Morgenson of The New York Times provides a favorable review, here:

He is Neil Barofsky. Remember him — the man whose job it was to police the $700 billion Troubled Asset Relief Program? And his new account, a book titled “Bailout” (Free Press), to be published on Tuesday, is a must-read. ...

He soon discovered that the [Treasury] department’s natural stance of marching in lock step with the banks meant that he had to question its policies and programs repeatedly to ensure that taxpayers weren’t at risk for fraud and abuse.

“The suspicions that the system is rigged in favor of the largest banks and their elites, so they play by their own set of rules to the disfavor of the taxpayers who funded their bailout, are true,” Mr. Barofsky said in an interview last week. “It really happened. These suspicions are valid.” ...

Meaningful changes to our broken system may finally come about, he writes, if enough people get angry. His conclusion is this: “Only with this appropriate and justified rage can we sow the seeds for the types of reform that will one day break our system free from the corrupting grasp of the megabanks.”

At the center of that whole sordid affair of regulatory capture at the time was Tim Geithner at Treasury, former head of The New York Federal Reserve Bank, who obviously isn't simply morally challenged with respect to paying his taxes, but also with respect to reporting LIBOR irregularities.

Unfortunately for us, we not only had two candidates for president in 2008 who voted FOR TARP (Sen. John McCain and Sen. Barack Obama), in 2012 the Republican candidate still defends it, as recently as March here in USA Today Away:

"There was a fear that the whole economic system of America would collapse, that all our banks or virtually all (banks) would go out of business," Romney told a town-hall-style forum in Arbutus, Md. "In that circumstance, President Bush and Hank Paulson said, 'We've got to do something to show we are not going to let the whole system go out of business.' I think they were right. I know some people disagree with me, I thought they were right to do that.".

And not only that, Romney is as unlikely as anyone to get angry about bailouts in future. We can't even get Romney to be angry about ObamaCare.

It's not even clear Obama's recent $100 million in attacks against Romney's personal character have made him mad, especially when it's the subject of speculation on conservative talk radio. Here Rush Limbaugh notes Romney "finally" gets ticked off about Obama's (plagiarizing) use of (Elizabeth Warren's) "you didn't build that", but even Rush isn't 100 percent convinced:

RUSH: You know, folks, I think this actually made Romney mad! I actually think that what Obama said finally ticked Romney off. I think Romney now has realized Obama is not a nice guy who's just befuddled and wrong. That was Romney's prior description of Obama: "He's a nice guy, just doesn't know what he's doing." I think this really got to Romney. Let's squeeze one more in here...

RUSH: Yes, siree bob! Something lit a fire. I am convinced that what Obama said actually has made Romney mad. Not in an insulting way. It has made him mad over what we're up against now. And, of course, as I say: The Obamaites are saying that their guy was "taken out of context." Right. Okay. ...

RUSH: Have you seen anything on Romney's speech in Irwin, Pennsylvania? "A little bit." Well, before we go to the break, let's play sound bite nine again and then follow it up with the last one. This is Romney on fire yesterday in Irwin, Pennsylvania, a suburb of Pittsburgh. He's really ticked off now, I think. This is about Obama saying (impression), "You started a business? You didn't do that! You didn't make that happen! You didn't build that. Uhhhh, you didn't -- you -- you -- you had help! You had a road, a bridge. You didn't do that."

And I think Romney is really ticked. I think there's now a fire burning under the posterior. So here are the two bites. Just bang 'em back-to-back, Mike.

If conservatives aren't sure if Romney's really angry, who is? The man is cool, I tell you, as in passionless, just like Obama. And that is the prerequisite for deception.

On the outstanding problems of our time, from massive bailouts of the banking system to government coercion in healthcare, Gov. Romney is on the same side as Obama and the Democrats.

Some choice!

Meanwhile, the American people just shrug.

A country that can't get angry about anything is a country that deserves what's coming to it (see France).

Romney Again Defends TARP, Says Bush, Not Obama, Prevented Depression

Romney's complete and utter nonsense from yesterday, quoted here:

"There was a fear that the whole economic system of America would collapse -- that all of our banks, or virtually all, would go out of business."

"In that circumstance, President Bush and Hank Paulson said we've got to do something to show we're not going to let the whole system go out of business. I think they were right. I know some people disagree with me. I think they were right to do that."

"I keep hearing the president say that he's responsible for keeping America from going into a Great Depression."

"No, no, no. That was President George W. Bush and Hank Paulson that stepped in and kept that from happening."

Never mind the stock market nose-dived after TARP was passed, millions more lost their jobs, housing went into the toilet and stayed there, and 2008-2009 were back-to-back years of GDP declines. A small depression, but a depression nonetheless.

And never mind that George W. Bush himself characterized his own actions as abandoning free market principles in order to save the free market system. As senators, both John McCain and Barack Obama voted for the measures Bush signed.

This was liberalism in action, not conservatism. And Romney the corporate raider is just fine with it, as are over 4 million Republican primary voters to date.

But over 6 million Republican primary voters to date disagree, voting for Santorum, Gingrich, and Ron Paul. Still others have voted for candidates not named Romney who have dropped out of the race.

Romney seems bound and determined to subdue the base of the Republican Party, as John McCain before him.

Therefore he will lose to Barack Obama.