{"id":4611,"date":"2008-09-23T12:17:14","date_gmt":"2008-09-23T19:17:14","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=4611"},"modified":"2008-09-23T12:17:21","modified_gmt":"2008-09-23T19:17:21","slug":"newt-gingrich-kill-the-paulson-plan-hard","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/4611\/newt-gingrich-kill-the-paulson-plan-hard\/","title":{"rendered":"Newt Gingrich: Kill the Paulson Plan. Hard."},"content":{"rendered":"<p><a href=\"http:\/\/www.usnews.com\/blogs\/capital-commerce\/2008\/9\/23\/newt-gingrich-kill-the-paulson-plan-hard.html\" target=\"_blank\">US News:<\/a><\/p>\n<blockquote><p>A few quotes and Gingrichian observations:<\/p>\n<p>1) He called it a &#8220;stupid plan&#8221; that looks like it had been designed by autocrat Vladimir Putin. He also said it will be a &#8220;nightmare&#8221; to implement and full of corruption.<\/p>\n<p>2) He said the Paulson Plan would be a &#8220;dead loser&#8221; on Election Day that will &#8220;break against anyone who votes for it.&#8221; It will hurt even worse with the 2010 election once Americans see what a drag it is on the economy when implemented.<\/p>\n<p>3) He recently chatted with economic historian Alan Meltzer who advocated doing nothing rather than implanting the Paulson Plan. Meltzer apparently joked to Gingrich that this was about the third time he had seen Wall Street scream &#8220;the apocalypse was nigh&#8221; only to have the economy keep right on chugging along.<\/p>\n<p>4) Gingrich thinks that if the Paulson Plan isn&#8217;t passed by this weekend, it is dead and the White House better have a Plan B, economic-growth package ready. Right now, he still thinks it has an 80 percent chance of passage, partly because of Paulson&#8217;s apocalyptic tone that if a bill isn&#8217;t passed, &#8220;the whole world will end on Tuesday.&#8221;<\/p>\n<p>5) He advises McCain to play the maverick and come out against the Paulson Plan. Then it will be the Obama-Bush plan.<\/p><\/blockquote>\n<p>Much more <a href=\"http:\/\/solutionsday2008.com\/blog\/2008\/09\/get-the-politicians-out-of-the-economy-recipe-for-sound-economic-growth.html\" target=\"_blank\">here<\/a>.<br \/>\n<!-- technorati tags start --><\/p>\n<p style=\"text-align:right;font-size:10px;\">Technorati Tags: <a href=\"http:\/\/www.technorati.com\/tag\/investment\" rel=\"tag\">investment<\/a>, <a href=\"http:\/\/www.technorati.com\/tag\/real estate\" rel=\"tag\">real estate<\/a>, <a href=\"http:\/\/www.technorati.com\/tag\/real estate marketing\" rel=\"tag\">real estate marketing<\/a><\/p>\n<p><!-- technorati tags end --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US News: A few quotes and Gingrichian observations: 1) He called it a &#8220;stupid plan&#8221; that looks like it had been designed by autocrat Vladimir Putin. He also said it will be a &#8220;nightmare&#8221; to implement and full of corruption. 2) He said the Paulson Plan would be a &#8220;dead loser&#8221; on Election Day that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29,8,26,6,5],"tags":[],"class_list":{"0":"post-4611","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-group-therapy","7":"category-investment","8":"category-lending","9":"category-marketing","10":"category-real-estate","12":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":5549,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/5549\/the-paulson-clarification-a-tin-foil-hat-production\/","url_meta":{"origin":4611,"position":0},"title":"The Paulson Clarification (a Tin Foil Hat production)","author":"Sean Purcell","date":"November 12, 2008","format":false,"excerpt":"Henry Paulson figured out that buying troubled assets does not help the cause.\u00a0 If you want to own the financial industry you don't get there by purchasing their problems, you get there by purchasing them.\u00a0 (Or at least watching over them with Tin Foil Hat firmly in place.)\u00a0\u00a0 Read the\u2026","rel":"","context":"In &quot;Big Mother&quot;","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4259,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/4259\/how-we-got-to-this-place\/","url_meta":{"origin":4611,"position":1},"title":"How we got to this place&#8230;..","author":"Tom Vanderwell","date":"September 7, 2008","format":false,"excerpt":"I promise I won't take up so much space on here after the dust settles, but I'm having a hard time getting my mind around the enormity of what's happening with Fannie and Freddie and what it means, so I figure the best thing I can do is share what\u2026","rel":"","context":"In &quot;Lending&quot;","block_context":{"text":"Lending","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/lending\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2397,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2397\/shift-happens\/","url_meta":{"origin":4611,"position":2},"title":"Shift Happens","author":"Sean M. Broderick, CCIM","date":"December 19, 2007","format":false,"excerpt":"First off, I am feeling a little guilty for not being able to keep up with Greg\u2019s writing production, or Geno\u2019s proclivity for the English language (I am, but a young \u201cpadawan\u201d in master Yoda\u2019s presence). That being said, we all have bills to pay and I have been painfully\u2026","rel":"","context":"In &quot;General&quot;","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4537,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/4537\/will-the-democrats-endorse-hank-paulsons-mortgage-bailout-plan\/","url_meta":{"origin":4611,"position":3},"title":"Will The Democrats Endorse Hank Paulson&#8217;s Mortgage Bailout Plan?","author":"Brian Brady","date":"September 19, 2008","format":false,"excerpt":"This Presidential election campaign is exciting to watch.\u00a0 Team Obama benefits from the continued free fall on Wall Street.\u00a0 Sean Purcell reminds us that folks on that side of the aisle like to say \"I'm from the government, we're here to help you\" yet the other side is the one\u2026","rel":"","context":"In &quot;Real Estate&quot;","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17595,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17595\/overnight-news-caveat-lector-the-people-who-lied-to-you-for-years-about-seth-rich-are-lying-about-everything-else-too\/","url_meta":{"origin":4611,"position":4},"title":"Overnight News: Caveat\u00a0lector: The people who lied to you for years about Seth Rich are lying about everything else, too.","author":"Greg Swann","date":"December 13, 2020","format":false,"excerpt":"I'm not even linking to the Seth Rich news. If you care you know, and if you don't you're deathcamp-bait anyway. The biggest news story in the world is another one that is not being reported: We are at war with China. We have been since the virus, at least,\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2831,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2831\/the-real-estate-bailout-act-of-2008\/","url_meta":{"origin":4611,"position":5},"title":"The Real Estate Bailout Act of 2008","author":"Brian Brady","date":"March 24, 2008","format":false,"excerpt":"When successful financiers achieve a certain level of success, they up the ante and practice social engineering. Robert Rubin, Jon Corzine, and Hank Paulson\u00a0 advanced to government service after piling up the pesos at Goldman Sachs (in financial circles, we say those two words with hushed reverence). After decades of\u2026","rel":"","context":"In &quot;Lending&quot;","block_context":{"text":"Lending","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/lending\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/4611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=4611"}],"version-history":[{"count":1,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/4611\/revisions"}],"predecessor-version":[{"id":4612,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/4611\/revisions\/4612"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=4611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=4611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=4611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}