Paulson Wants His Own Taxpayer Bailout

One Paulson took to handing out taxpayers money, another is asking for it. 

Merritt Paulson,  the son of former Goldman Sachs CEO Hank Paulson and $350 billion candyman to banks last fall as Treasury Secretary, is asking the Portland, Ore government to kick in $35 to $38 million to renovate a stadium in his quest to bring Major League Soccer to town (he owns the Portland Timbers right now, a vestige of the old NASL league Pelé graced). The city council votes on the idea next week. “That’s a lot of money,” he says in an editorial in the Oregonian, “But it’s far less than other cities are spending for new soccer stadiums.”  Hey folks, it’s a bargain to see all those MLS greats like um, uh, Beckham, if he ever returns from Milan.

Once that is out of the way, Paulson, whose Dad is believed to be worth $700 million, wants $40 million or so for a new ballpark for his triple-A baseball team, the Beavers.