Geithner has ZERO credibility since He was appointed. Anyone that overlooks paying $35,000 in taxes has no business being involved in leadership having to do with finances!
They keep calling it a financial crises, but how come no body is at fault at the respected Corporations? If it’s a crises, then why isn’t this administration putting people behind bars? If they did nothing wrong, then why did we bail them out? I’m not saying the past administration wouldn’t have done the same things, but somebody needs to step up and do something vs lip service. Jail time would surely be more of a deterent for future snakes vs passing some measely reform that will not get followed.
Unbelievable! Geitner’s opinion and incorrect slant of the Dodd-Frank bill and other regulations are so bad, they are not even worth commenting. The other side needs to hit the media coverage with the true impact of these regulations, get a bus and travel the country selling the truth instead of the lies to increase corporate costs that are passed on to customers that are already struggling.
Hey Just. Geightner was head of the NY Fed during the start of all this. He, Bernanke,Barney Frank, Chris Dodd, Chuck Schumer, Nancy Pelosi, Harry Reid all have their grubby hands on the financial mess that was made. Frank & Dodd are true criminals who should be prosecuted. In fact all of these Progressive Socialist Democrats should go to jail for their roles.
It certainly wasn’t a bi-partisan bill my friend. I identified many of the bad actors in this scandalous 2,300 page bill which they again didn’t read before voting on it. This is just going to hurt consumers even more in the end, because financial institutions are going to pass the increased costs on. This is nothing more than crony capitalism at its finest and the big boys in government and the banking industry will continue to make out like bandits at our expense.
You are correct. The 6 did not go into a room and plan the mess. They were too stupid to realize the impact of bad regulation! All but BFrank. He knows his regulation, his issue is about winning! Whatever the cause his liberal cronies want to champion.
That said, with his departure coming next year, he has even developed a soul. He primary charge for the next year will be to remove the death panels from the BO care.
If you had them fill the cup with cool-aid and believed the demonrats about that bill, rethink before you drink. When a tool like BF states his goal is to remove the panels, you know the cool-aid was tainted.
Best thing Barney ever did was announce his retirement. BF was one of the biggest culprits in the financial meltdown. He did more to damage our economy than any single person. What was our solution to the meltdown? We hired Turbo Tax Tim to get things in order.
In a few years we will look back at this bunch and they will be recognized as the most incompetent bunch of boobs ever to hold office. I hope and pray for the sake of my children that we vote them all out next year. Repeal this thing it makes it tougher on smaller financial institutions to do business and saves the big guys. What happened to letting the weak fail and the strong/smart survive. Oh, wait a minute thats capitalism, Obama and the dems do not believe in it, they prefer communism (See todays op ed piece in the WSJ from the former head of the SEIU).
It is too bad this country doesn’t have recall elections to get rid of people like Frank and Dodd. They are the worst of the worst and have done great damage to the country. They should not only be dismissed, but charges should be brought and prosecution for crimes against the country.
Do not expect any improvement, in the incompetent regulation that helped to get us in to the current crisis. Both parties are owned by the financial industry & will continue to do its bidding. The crisis will worsen as the taxpayers are on the hook for all losses, while any claimed profit will go right to the financial industry.
Just look at the likes of AIG owned nearly 80% by taxpayers, with the stock even after a reverse split continuing to tank. Bank of America, one of the largest banks in the US trading below 5 dollars a share this week. Without the implicit backing of taxpayers, would these companies even exist today?
I realize it is only a movie, but I recommend everyone watch INSIDE JOB. Most of the ‘actors’ in the mortgage debacle would not even comment. Not one criminal conviction yet is there?
Geithner has ZERO credibility since He was appointed. Anyone that overlooks paying $35,000 in taxes has no business being involved in leadership having to do with finances!
Do we really trust Geithner to know what is best???
They keep calling it a financial crises, but how come no body is at fault at the respected Corporations? If it’s a crises, then why isn’t this administration putting people behind bars? If they did nothing wrong, then why did we bail them out? I’m not saying the past administration wouldn’t have done the same things, but somebody needs to step up and do something vs lip service. Jail time would surely be more of a deterent for future snakes vs passing some measely reform that will not get followed.
Unbelievable! Geitner’s opinion and incorrect slant of the Dodd-Frank bill and other regulations are so bad, they are not even worth commenting. The other side needs to hit the media coverage with the true impact of these regulations, get a bus and travel the country selling the truth instead of the lies to increase corporate costs that are passed on to customers that are already struggling.
Geitner did not cause the mess we found ourselves in in 2008. The status quo does not work….
Hey Just. Geightner was head of the NY Fed during the start of all this. He, Bernanke,Barney Frank, Chris Dodd, Chuck Schumer, Nancy Pelosi, Harry Reid all have their grubby hands on the financial mess that was made. Frank & Dodd are true criminals who should be prosecuted. In fact all of these Progressive Socialist Democrats should go to jail for their roles.
Yeah all 6 of them got in a room and planned this mess. It’s all their fault. Take of the partisan glasses my friend.
It certainly wasn’t a bi-partisan bill my friend. I identified many of the bad actors in this scandalous 2,300 page bill which they again didn’t read before voting on it. This is just going to hurt consumers even more in the end, because financial institutions are going to pass the increased costs on. This is nothing more than crony capitalism at its finest and the big boys in government and the banking industry will continue to make out like bandits at our expense.
You are correct. The 6 did not go into a room and plan the mess. They were too stupid to realize the impact of bad regulation! All but BFrank. He knows his regulation, his issue is about winning! Whatever the cause his liberal cronies want to champion.
That said, with his departure coming next year, he has even developed a soul. He primary charge for the next year will be to remove the death panels from the BO care.
If you had them fill the cup with cool-aid and believed the demonrats about that bill, rethink before you drink. When a tool like BF states his goal is to remove the panels, you know the cool-aid was tainted.
Demonrats?
Best thing Barney ever did was announce his retirement. BF was one of the biggest culprits in the financial meltdown. He did more to damage our economy than any single person. What was our solution to the meltdown? We hired Turbo Tax Tim to get things in order.
In a few years we will look back at this bunch and they will be recognized as the most incompetent bunch of boobs ever to hold office. I hope and pray for the sake of my children that we vote them all out next year. Repeal this thing it makes it tougher on smaller financial institutions to do business and saves the big guys. What happened to letting the weak fail and the strong/smart survive. Oh, wait a minute thats capitalism, Obama and the dems do not believe in it, they prefer communism (See todays op ed piece in the WSJ from the former head of the SEIU).
It is too bad this country doesn’t have recall elections to get rid of people like Frank and Dodd. They are the worst of the worst and have done great damage to the country. They should not only be dismissed, but charges should be brought and prosecution for crimes against the country.
Do not expect any improvement, in the incompetent regulation that helped to get us in to the current crisis. Both parties are owned by the financial industry & will continue to do its bidding. The crisis will worsen as the taxpayers are on the hook for all losses, while any claimed profit will go right to the financial industry.
Just look at the likes of AIG owned nearly 80% by taxpayers, with the stock even after a reverse split continuing to tank. Bank of America, one of the largest banks in the US trading below 5 dollars a share this week. Without the implicit backing of taxpayers, would these companies even exist today?
I realize it is only a movie, but I recommend everyone watch INSIDE JOB. Most of the ‘actors’ in the mortgage debacle would not even comment. Not one criminal conviction yet is there?