The Big 3: Paulson’s A HORRIBLE Trader, Volatile Markets Volatility, Fear the Financial New World Order

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November 13, 2008 04:27 PM EST by Cody Willard

The Big 3: Paulson’s A HORRIBLE Trader, Volatile Markets Volatility, Fear the Financial New World Order

1. Paulson’s A HORRIBLE Trader

2. Volatile Markets Volatility

3. Fear the Financial New World Order

1. I’m just going to remind you guys that Hank Paulson, our Treasury Secretary, thought that it was a great use of his Goldman shareholders’ money to spend tens of billions buying GS stock when it was more than 3x higher than today’s price. This is the guy you all believed when he said he could save you.

2. Remember the last few times the stock market rallied after making intraday moves that used to take an entire year? That’s right. It wasn’t sustainable. Volatility begets only more volatility and usually lower prices in the intermediate term.

3. Bush told us today that we need smaller government if we want a better economy and higher markets in the long run. Call the biggest government leaders of the world together and go behind closed doors to plan a New World Order and change all the systems you and I have been believing in. We rockers see right through all you free-market principle posers.

6 Comments

Roncope

I think plan by FDIC will do more than Paulson giving money to everyone. It has accountability and will help some homeowners stay in their homes.

November 14, 2008 at 5:04 pm

brian

thank you o brave one.....all ur "new world order" "illuminati" talk may have consequences.....be extra careful drivin to work...i know you all kid alot but, check recent history ...fatal "accidents" have been known to happen to the outspoken......keep up the good work!!.....if you need it i got ur 6. --brian

November 14, 2008 at 8:06 pm

Stanley

We must not as a nation forget the role the high cost of our dependence on foreign fuel played in the demise of our automakers. The exorbitant cost of gas the past year has done serious damage to our economy and society. We need to take lessons from our mistakes.WE also need to get out from under the grip our dependence on fore gin oil has on us. Why not take some of these billions and invest in America becoming energy independent. Driving an electric car would cost the equivalent of 60 cents a gallon. The electricity could be generated by solar or wind power. Green technology would create millions of badly needed new jobs. What America needs is a green revolution. It is time for us to move forward with alternative energy. I just read Jeff Wilson's new book The Manhattan Project of 2009. I highly recommend this book to anyone who is concerned about the downward spiral of our economy and it's effect on our society and would like to see our country become energy independent!

November 14, 2008 at 8:16 pm

ws1835

Central planning didn't work for the Soviets or the Red Chinese....... Why would it work for us......... This is what all you big government voters have been voting for...hope you enjoy the train wreck.

November 15, 2008 at 2:11 pm

Bill Yoder

It seems to me If the big 3 automakers when bankrupt, all of the technolgy, work force, plants, dealer networks etc. would still be in place @ they could clean up their balace sheets, renogotiate labor contracts @ then they would have a more level playing field. Then the governments loans @ perhaps for 12 months offer a $2500.00 tax credit to anyone purchasing one of there vehicles. Does this make sense to anyone besides me?

November 17, 2008 at 9:31 am

jsmith

you have a better chance waiting for the tooth fairy to help.the only thing over credintialed ivy leage snobs like paulson do is rip off the middle class,i notice his 500 million wasnt lost.goldman sachs owns paulson.

November 19, 2008 at 6:33 pm

about this blog

Cody Willard is an anchor on the FOX Business Network. Willard is also the principal of an investment management company. He was a long-time featured columnist for the Financial Times and TheStreet.com as well as a regular featured economist and stock picker on CNBC's ''Kudlow & Company."
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