| User Info
| AIG, Paulson and Geithner in forum [Market-Ticker]
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Dontezuma
Posts: 17
Incept: 2009-09-10
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My biggest fear is that Washington is so captured, so entrenched in the status quo that Paulson, Bernanke, and Geithner could admit to everything people have accused them of, and not only will they not be indicted, they will keep their jobs!
I've been using the #pitchforks hash tag for all of my tweets around this type of topic, and hope that you and your readers will start to do the same. Let them see some virtual pitchforks. I've called my congress critters, to no avail (though Merkley, my Senator, opposes BB).
#pitchforks!
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Murf
Posts: 4486
Incept: 2007-08-28
MurfCon Warning Level: Arrogance II
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in a den of thieves the biggest thief is the most respected.
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The money has already been lost. Someone has to book it.
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Blunt
Posts: 14
Incept: 2009-08-15
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This *$@#*****es me off
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Blurtman
Posts: 563
Incept: 2009-01-24
Banned
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Geithner is a psycopath. That is the only explanation.
He lied to Congress when he claimed that he first learned of the AIG bonuses from his staff in March 2009. It was all over the internet in late 2008.
He lied when he said as the head pf the NYFRB that he was not a regulator. The NYFRB's website clearly contradicts his statement.
Vote out anyone who voted for TARP.
Vote out anyone who voted to confirm Geithner.
Vote out anyone who votes to re-appoint Bernanke.
When in doubt, vote out the incumbent.
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I have a reading comprehension problem and the owner banned me for repeatedly displaying it after being warned.
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Rutben
Posts: 1414
Incept: 2007-07-27
Phoenix, AZ
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He definitely recused himself....but did not sign anything (Kaptur got that in the record). the time line becomes very important. I am on information overload such that some Reps have leapfrogged me...that's embarrassing. We almost need one person on each of the malfeasers/malfeasances so we can stay current. Wonder if Timmy is parsing "what to disclose" although I'm pretty sure I've heard him say he's had nothing to do with anything re AIG negotiations.
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Genesis
Posts: 130658
Incept: 2007-06-26
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Ben, he said in WRITTEN TESTIMONY he had nothing to do with it.
But Baxter said he signed off on it.
Oops.
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Aja
Posts: 2591
Incept: 2008-03-19
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Rutben - I think the key is the timing. The deal was done on the 11th (?) and he recused self 24th(?) or similar dates. Nobody pinned Timmy down on what he knew/what instructions he gave etc. during that time period between
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Themortgagedude
Posts: 8840
Incept: 2007-12-17
saint louis
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Ratigan saying now to vote with where you put your money. This should be a good show today.
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I'm already visualizing you with duct tape over your mouth.
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Tsherry
Posts: 193
Incept: 2008-12-09
Spokane WA
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Or what I did over my lunch hour.
Reason: Awesome suggestion to drop the house on the family.
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Goforbroke
Posts: 5330
Incept: 2007-11-30
Just call me 'Comrade'
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No one is taking responsiblity for anything. Somewhere, someone must have some document that reveals the truth. Unfortunately, he/she probably now works for GS and participated in the 2009 bonus.
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We have met the enemy and it is us. -- Pogo
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Steelhead23
Posts: 2036
Incept: 2008-09-09
Portland OR
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Timmy's grasp on the truth is only exceeded by his skill in regulating banks. Obama is too afraid of looking bad to fire him, so do the country a favor Mr. Geithner, resign. Oh yeah, get your buddy Ben to join you. This lying, cheating, and stealing is clearly stressing you both out. Heck, let big Paul show you how to catch Atlantic salmon on the fly - its frustrating but at the end of the day, nobody wants to see you lynched. If you hang around, it won't get any easier for you, particularly after the crash.
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"Give me control of a nation's money and I care not who makes it's laws" —Mayer Amschel Bauer Rothschild Benjamin Bernanke
For-profit commercial banks are a menace and should be eradicated
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Glasshammer
Posts: 260
Incept: 2009-09-02
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Gen, Its off topic but did you catch the news that Money Market Funds now have the ability to suspend redemptions? Here is a link: http://www.sec.gov/rules/proposed/2009/i....Can we look forward to a new ticker on this subject? |
Wearedoomed
Posts: 3584
Incept: 2009-01-14
slightly red state
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Tsherry,
Nice! Can you change the house-in-flames one so that the house's shadow is over the family?
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And you, my father, there on the sad height,
Curse, bless me now with your fierce tears, I pray.
Do not go gentle into that good night.
Rage, rage against the dying of the light.
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Ragnar
Posts: 13
Incept: 2009-07-17
Metuchen, New Jersey
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Genesis
Posts: 130658
Incept: 2007-06-26
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Glass, yes. Working on it - tonight probably after BNN.
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Muscleknight
Posts: 3985
Incept: 2007-06-26
Columbia, SC
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Here yall go:
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Screwball
Posts: 2
Incept: 2010-01-15
Tiffin, Ohio
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Hello all, first post, long time reader.
Karl, I don't know how you could write that much on these hearings. I watched the entire thing and I am so mad I can hardly type this. I had hope, maybe that was my mistake. After watching that debacle, I can't see anything getting better. It's 7 degrees outside, I think I'll go out there for a while.
Carry on all.
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Ncx
Posts: 28
Incept: 2010-01-25
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I wish the Prez would end the SOTU with, "Secretary Geithner. YOU'RE FIRED!"
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Mtdm
Posts: 211
Incept: 2009-07-23
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Yeah, and I loved how quickly he went from "we print it" to "well, yeah, it's the taxpayers' money". I guess he realized that was preferable to a discussion of what he had just said.
re. MMMF redemption, and bearing in mind the possibility of FDIC-supervised bank holidays, here's my question:
What's next? Are they going to authorize the suspension of redemptions of USPS money orders?
There are not, after all, too many avenues remaining for someone who wishes to remain in physical cash, but wants to be able to settle bills with organizations that are not local to him.
I wonder... is there any precedent as to whether failure of checking and electronic settlement mechanisms is considered an acceptable excuse for a loan default? I feel like at some point I may be like Jesse Duke, trying to make a mortgage payment which nobody will accept, except that my servicing organization is clear across the country from me, not just down the road in the same county.
Granted, if this comes to pass then there will be more things to worry about, but still... I do wonder what might be deemed to trigger "act of God" type clauses and what might not. I guess I need to go read my mortgage again.
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Tsherry
Posts: 193
Incept: 2008-12-09
Spokane WA
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Wearedoomed:
>>Tsherry,
Nice! Can you change the house-in-flames one so that the house's shadow is over the family?
Done. I think I need to make that my avatar.
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Markgoldman
Posts: 1240
Incept: 2009-01-13
Canuckistan
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Very well done on SqueezePlay tonight Karl, you are turning into a BNN regular! Well polished, you've mastered the TeeVee format fer sure  And I smiled when you started advocating that the control and supply of money should be returned to Congress, although that dumb **** Marty Cej kept speaking over top of you. Bell is a fan, no question! 
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Consent Withdrawn.
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Obseedian
Posts: 11872
Incept: 2007-07-26
BBRY Central
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So now we've got Geithner committing perjury. What are the chances he's actually prosecuted over this?
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Forgiven
Posts: 75
Incept: 2009-09-21
In the Library with a Wrench
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When are the US Attorney's going to do their d@mn jobs?! I'm sensing that J6P's patience is wearing really thin for the present lot of corrupt b@stards.
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http://once4all.wordpress.com
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Inez
Posts: 360
Incept: 2009-07-08
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Paulson lied to Jim Gorden's question about bait and switch of $700B bailout. He said he changed his mind after Congress voted. Jim Gorden pointed out that according to the book by David Weasel, he changed his mind before Congress voted. So he perjured again today on the same point Karl noted before(Aug. 31).
Somehow Paulson did not have more time for the testimony on Capitol hill today.
Reason: Edited text
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