Henry Paulson’s Blog

Obama owes me big time for killing Lehman Brothers

By Henry Paulson

There seems to be a rumor floating around Washington that Barack Obama might not beg me to stay on as Treasury Secretary after he takes over in January. Even though I said I don't want this job anymore, I want Barack to recognize my huge contribution to his campaign and to change. I'm the reason he's going to be president. And he better offer me another term. Or appoint me Secretary of State.

Up until Lehman's failure, I was bailing out banks left and right while McCain was gaining momentum on Obama. Then those assholes at Lehman (who once screwed me on a deal while I ran Goldman Sachs) ask me for help. Of course I said no and let Lehman go bankrupt because they were pieces of shit, but it destroyed McCain's campaign and let Obama sail into the presidency.

Perhaps my motives were off, but on Wall Street we don't care about motives. We care about results. And I got Barack results. So he fucking owes me one.

11/7/2008 10:45 AM, Washington DC
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I'm using daylight savings time to reset the national debt clock

By Henry Paulson

Bio & Blog

I control the money supply, I control the banks, I control the horizontal, I control the vertical. I'm kidding about the last two--that's what the aliens used to say at the beginning of "The Outer Limits", my favorite '60's TV show. But I do control time.

That's right. If I have to, I can use my extraordinary new powers to actually change time, the final matrix. And I do have to--know why?

Because the National Debt Clock in New York City ran out of digits! Didn't they realize when they bought that thing back in 1989 that we'd eventually owe more than $10 trillion?  Like I always say, when buying counter-top appliances, it's worth it to get the extended warranty.

10/13/2008 9:43 AM, Washington DC
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Impossible is nothing

By Henry Paulson

Bio & Blog

My fellow Americans,

Many of you (especially those of you in Congress) are confused by the complex economic events leading up to our current situation and how my bailout proposal will address. I'd like to clear that up now.

I guess the first thing that the economy needs to understand is that success is a mental transformation. It’s not an external event. To be successful, you must first know exactly what you want to achieve. Second, you need to commit to the sacrifices that it will take to achieve your goal. And third, you must believe beyond any reasonable doubt that you will achieve your goals.

Always push your limits. Always push your comfort zone. And as you train to expand and step outside your comfort zone you come to realise that the things that most people regard as impossible are actually completely within your grasp.

9/26/2008 9:35 AM, Washington DC
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