{"id":5549,"date":"2008-11-12T13:00:55","date_gmt":"2008-11-12T20:00:55","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=5549"},"modified":"2008-11-12T12:22:11","modified_gmt":"2008-11-12T19:22:11","slug":"the-paulson-clarification-a-tin-foil-hat-production","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/5549\/the-paulson-clarification-a-tin-foil-hat-production\/","title":{"rendered":"The Paulson Clarification (a Tin Foil Hat production)"},"content":{"rendered":"<p>Henry Paulson figured out that buying troubled assets does not help the <a title=\"Scary Stories\" href=\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=5354\" target=\"_blank\"><em>cause<\/em><\/a>.\u00a0 If you want to own the financial industry you don&#8217;t get there by purchasing their problems, you get there by purchasing them.\u00a0 (Or at least watching over them with <a title=\"Tin Foil Hat\" href=\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=5435\" target=\"_blank\">Tin Foil Hat<\/a> firmly in place.)\u00a0\u00a0 Read the full article <a title=\"Paulson and Troubled Assets\" href=\"http:\/\/news.yahoo.com\/s\/ap\/20081112\/ap_on_bi_ge\/financial_meltdown_23\" target=\"_blank\">here<\/a>.<\/p>\n<p>On the other hand, <a title=\"Bail out\" href=\"http:\/\/news.yahoo.com\/s\/ap\/20081112\/ap_on_go_ca_st_pe\/auto_bailout_48\" target=\"_blank\">King Henry is watching the Democratic machine rev up<\/a> in support of auto maker bail-outs and keeping his distance.\u00a0 Either he recognizes this as a straight donation to the unions or he understands how little an ownership stake in the backward facing auto industry contributes to the nationalization of our economy.\u00a0 In my opinion both are correct.\u00a0 For an insightful read on the auto industries&#8217; brazen beggary go <a title=\"Coyote Blog\" href=\"http:\/\/www.coyoteblog.com\/coyote_blog\/2008\/11\/yet-more-economic-ignorance.html#comments\" target=\"_blank\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Henry Paulson figured out that buying troubled assets does not help the cause.\u00a0 If you want to own the financial industry you don&#8217;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 full article here. On the [&hellip;]<\/p>\n","protected":false},"author":36,"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":[251],"tags":[],"class_list":{"0":"post-5549","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-big-mother","8":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":8270,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/8270\/stress-tests-and-wells-fargo-a-tin-foil-hat-production\/","url_meta":{"origin":5549,"position":0},"title":"Stress Tests and Wells Fargo: A Tin Foil Hat Production","author":"Sean Purcell","date":"May 7, 2009","format":false,"excerpt":"Today the Fed releases the results of the banking industry \"stress test.\"\u00a0 You remember this test right?\u00a0 The Fed created a scenario of economic failure well beyond what is already the worst economic downturn in seventy years.\u00a0 They then evaluate the banks' ability to withstand this Armageddon against the Fed's\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":5435,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/5435\/tin-foil-hats-optional\/","url_meta":{"origin":5549,"position":1},"title":"Tin Foil Hats Optional","author":"Sean Purcell","date":"November 5, 2008","format":false,"excerpt":"In an earlier post I laid out how my distrust of conspiracy theories is being severely challenged by our government and what appears to be a naked power grab.\u00a0 I am loath to continue in this vein for fear of being labeled the nut job who writes about Area 51\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":5804,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/5804\/citis-so-nice-i-bought-it-twice-a-tin-foil-hat-production\/","url_meta":{"origin":5549,"position":2},"title":"Citi&#8217;s So Nice I Bought It Twice (a Tin Foil Hat production)","author":"Sean Purcell","date":"November 24, 2008","format":false,"excerpt":"Alright, let's see if I got this straight: Less than 4 weeks ago Citi was purchasing Wachovia in a deal brokered by the FDIC. Less than 3 weeks ago the Fed injected $25 billion into Citi Less than 1 week ago Citi's shares tumbled Yesterday the Fed injected ANOTHER $20\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":9255,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9255\/all-is-well-a-tin-foil-hat-production\/","url_meta":{"origin":5549,"position":3},"title":"All is Well&#8230; (A Tin Foil Hat Production)","author":"Sean Purcell","date":"July 21, 2009","format":false,"excerpt":"Quick check on the current status: The CBO came out with a non-partisan report showing that Health Care Reform, as it stands now, will not only fail in its main purpose of lowering health care costs - but will actually raise costs by over $1 trillion!\u00a0 Senators from both sides\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":"Paranoia... done with style.","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2009\/07\/tin-foil-hat-teri.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":14253,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14253\/rage-and-rates-a-tin-foil-hat-production\/","url_meta":{"origin":5549,"position":4},"title":"Rage and Rates&#8230; a Tin Foil Hat Production","author":"Sean Purcell","date":"March 3, 2011","format":false,"excerpt":"The question is: when do you lock the rate for your client? Well, if we knew the actual date this crazy, unforseen event may occur, we could watch closely and lock right up to the day before. Why the day before? Because there are three possible outcomes to this disruptive\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":4259,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/4259\/how-we-got-to-this-place\/","url_meta":{"origin":5549,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/5549","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\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=5549"}],"version-history":[{"count":4,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/5549\/revisions"}],"predecessor-version":[{"id":5553,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/5549\/revisions\/5553"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=5549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=5549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=5549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}