Friday, August 20, 2010

The Incredulity Of An Illegitimate Treasury Secretary

“I believe there is no credible argument to be made that the purpose of government is to borrow from future generations of Americans to finance an extension of tax cuts for the top 2 percent,” Mr. Geithner said in a recent speech.

But I guess he has a credible argument of why future generations were burdened to bail out Wall Street crooks and to pay them massive bonuses. Or he has a credible argument why future generations should be saddled with massive spending on American empire and undemocratic preemptive war. Or why future generations are saddled with debts accumulated by spying on American citizens or ordering government hits on Americans. Or I guess he has a credible argument why we spent his stimulus bill on big business crony bailouts and for special interests while record Americans are on food stamps.

The linked to article states that people erroneously believe Timmy Geithner worked for Goldman Sachs. Where is the error? He did work for Goldman Sachs. He was the head of the New York Fed. He was approved for that position by Wall Street - an act of massive corruption in itself. He spent more untold time on the phone with Goldman Sachs crafting their bailout in secrecy than he did alerting the American people to what he was doing. And we still don't know what he was talking about. But we do know it involved giving taxpayer money to Wall Street so they could pay themselves massive amounts of money for destroying our economy. And he works for a President who received substantial donations from Goldman Sachs. What's so hard to understand? Timmy Geithner works for Goldman Sachs.
posted by TimingLogic at 11:23 AM