Aha…no matter that Social Security is full funded and solvent for the next 25 years. There are still people who want to promote the Social Security "crisis"…and they reside at 1600 Pennsylvania Avenue where apparently a fight has broken out: Treasury Secretary Timothy Geithner, National Economic Council Director Gene Sperling and Sperling’s deputy, Jason […]
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Jonathan Tasini's Ruminations on Work, The Economy, and PoliticsTag Archive | "Tim Geithner"
Social Security: Economic Dopes Versus Political Hacks
Posted on 16 March 2011.
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Indict Lehman Brothers Execs Part II–And Why Strong, Independent CPFA Needed
Posted on 14 April 2010.
A month ago, I called for the indictment of Lehman Brothers executives–as well as an investigation of the role played by then-NY Federal Reserve head Tim Geithner–for the "materially misleading" actions (that is accounting-speak for scams) that those execs undertook to cover up their financial misdeeds that sent Lehman over the edge–and helped drag […]
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Indict Lehman Brothers (and Geithner?): They Lied
Posted on 13 March 2010.
I have been dismayed at the willingness to let the Wall Street executives off the hook–allowing them to walk free, continue to collect bonuses and salaries and even give them jobs in government after they conducted what was perhaps the biggest fraud in financial history. We cannot let them escape justice. And, based on the […]
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Give The Fed MORE Power? Why The Insiders Must Go
Posted on 03 March 2010.
It is hard to overstate how out-of-touch the insiders in Washington are–and how much they are far more attuned to the demands of Wall Street and the financial powers-that-be. You can’t find a better example than the apparent bi-partisan deal to give the Federal Reserve Board more power–and, most astonishingly, the power to protect […]
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Goldman Sachs: Trying To Change The Story
Posted on 19 November 2009.
I do not think it was a coincidence that Goldman Sachs announced its drop-in-the-bucket $500 million fund to help small businesses yesterday. Because the most important news is a report issued by the government bailout inspector that says Goldman got a huge gift from the Federal Reserve Bank in New York, led at the […]
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Some Sanity From Across The Pond
Posted on 10 November 2009.
The Wall Street Journal has this today, reporting on a spat between British Prime Minister Gordon Brown and Treasury Secretary Tim Geithner: On Saturday, the U.K.’s Mr. Brown surprised many attendees by throwing his weight behind the idea of levying a tax on financial transactions and using those funds to pay for future bank […]
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