Friday, October 10, 2008

Chronicles Of Depression 2.0: #325: O'Neill

Paul O'Neill was the original Treasury Secretary under the first Dubya (mis)Administration.

I cited a book about him previously.

In this YouTube video, posted October 5th, he has a different view of that $700B-plus scam bailout:

Paul O'Neill on the bailout


And he cites a new figure: Fifty-three trillion dollars.

I think he is very, very wrong about $5.00/gallon gas. That's shortsighted. It'd raise food prices -- all prices -- even more!

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