Lets not make any bones about it.  Hank Paulson the US Treasury Secretary’s scheme announced yesterday represents a coup d’etat by the finance sector as Yves Smith rightly argues (21st September). The stakes are high.  In a few months time we may have a Democrat President and a less compliant Congress. Right now, with the stock market gyrating and banks failing is as good a time as any for the finance sector to stage a coup d’etat.

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