Tag Archives: tim geithner

  good luck getting a 'real' teevee news job!

BUSTED: Jon Stewart Caught Talking With Tim Geithner About ‘Policy’

After carefully inspecting “the Treasury Secretary’s calendar,” Bloomberg News has revealed that Tim Geithner had a top-secret meeting with teevee comic Jon Stewart. What could this mean, besides “Tim Geithner probably doesn’t put ‘secret’ meetings on his calendar”? Brace yourself: Read more on BUSTED: Jon Stewart Caught Talking With Tim Geithner About ‘Policy’…
  let us non-economist bloggers tell you the solution sir

Obama Has a Nice Little Afternoon Economic Speech

Barack Obama would like to sing a love ballad with the economy, but the economy is sick and bed-ridden and being a real dick right now, so he has to make speeches to the American people about it, and did so this afternoon in Ohio. Yes, the media would prefer to talk about some random nobody pastor in Florida who likes to burn holy books. That is more important than the president. But Obama is going to talk about the economy anyway. So what sort of weird things is he yammering on about while nobody pays attention? Read more on Obama Has a Nice Little Afternoon Economic Speech…
  kindly giants

Biden/Volcker Triumph Over Wall Street Fat Cats, For Now

Yay here is your Friday News Roundup of somebody else’s News Roundup regarding Tim Geithner and Larry Summers getting beaten up by greybeards Joe Biden and Paul Volcker! Biden and Volcker are, combined, 150 years old and 150 feet tall; also they are liberal hippies. Read more on Biden/Volcker Triumph Over Wall Street Fat Cats, For Now…
  rumors on the internets

RedState Pillages Obama’s BlackBerry In Search Of Conspiracy Booty

Fancy newspaper columnist Edmund Andrews wrote a book about why you should buy his book so the proceeds of his book can go to paying off his subprime mortgage. AIG gave it a AAA rating, which is why the entire universe has already pre-ordered on Amazon. [Matt Taibbi] Read more on RedState Pillages Obama’s BlackBerry In Search Of Conspiracy Booty…
  our flourishing economy

Oversight Panel Offers Common-Sense Suggestions For Bailout, Will Probably Be Ignored

Oh hey here is a novel idea: in order to save our tragically beleaguered financial system, we must 1) replace the management at failing banks and 2) liquidate the banks that are completely hosed beyond repair. This makes sense to pretty much everyone, and our new boyfriend Simon Johnson said something like that a while ago on NPR so it must be true. Read more on Oversight Panel Offers Common-Sense Suggestions For Bailout, Will Probably Be Ignored…
  cartoon violence

Recession Time Is Sexytime!

By the Comics CurmudgeonWell, if Prince is singing about AIG or something, then the recession must officially be sexy! It all makes sense, really: most pastimes Americans have up to this point enjoyed involve spending gobs of money ultimately derived from home equity lines of credit — with the sexy exception of sex, which is often “free,” and can take place in foreclosed condos and hobo shantytowns. Read more on Recession Time Is Sexytime!…
  this thing looks like that thing

Is Tim Geithner Secret ‘Reefer Madness’ Nut?

In the beloved tradition of “Is Eliot Spitzer Secret Phone Muppet?”, we bring you this picture of Treasury creep Tim “Turbo Tax” Geithner and this pot-reeking piano-playing lunatic from the classic kids film Reefer Madness. Have these two ever been seen together? No wonder Obama doesn’t want to legalize his dope — then Geithner would really go bananas. Read more on Is Tim Geithner Secret ‘Reefer Madness’ Nut?…
  our courageous american leaders

A Children’s Treasury Of Wacky Depressing Clips From Today’s Geithner-Bernanke Hearing

Earlier we showed Barney Frank yelling at the goddamn Code Pink hippies on multiple occasions, but what else happened during this latest 94-hour grandstanding spectacle of a House Financial Services Committee hearing? Why the economy got saved, of course! Ha ha. (Kill us.) America’s C-SPAN watchers did, however, get to see such luminaries as Ron Paul, Michele Bachmann and Maxine Waters confuse and/or irritate the hell out of Geithner and Bernanke (mostly Geithner — he scowls!) Plus there was this crazy guy from Illinois whom Bernanke shot down during a rare burst of self-confidence. Hooray for Congress! Burn it! Read more on A Children’s Treasury Of Wacky Depressing Clips From Today’s Geithner-Bernanke Hearing…
  tuesday lunch video

Barney Frank Snaps At Code Pink Multiple Times During Important Money Hearing

Here’s your “Tuesday Lunch Video,” hooray! During today’s House Financial Services Committee hearings with archvillains Ben Bernanke and Tim Geithner, Barney Frank interrupted each of them to admonish the daring Code Pink protesters in the room, who came with their usual cardboard signs and cat calls and what not. He told them to “grow up” because they were NOT HELPING THE BANKS with this behavior. More importantly, the CNN chyron brings us a crucial “UPDATE” during this clip: “Meghan McCain: ‘I support the president.'” So she’s a communist now, too. [YouTube, Salon] Read more on Barney Frank Snaps At Code Pink Multiple Times During Important Money Hearing…
  although we are not economists

Geithner Plan May Lose Remaining $1.21 In American Wealth

The stock market has rallied in response to Tim Geithner’s latest details on his plan to fix America’s Banks by giving them lots of money for their trash, which makes sense, because the new plan is good good GOOD for Wall Street! Imagine a world where the government put up like 85% of the financing for something that you wanted — a robot, say — and you only had to throw in 5%. But after realizing that the robot was, indeed a piece of crap, made from defaulted mortgage contracts instead of the usual metals, the government lost all of that 85% investment, and you only lost 5%, so whatever. Let us look into this modern marvel of financial engineering known as the “Public-Private Investment Fund.” Read more on Geithner Plan May Lose Remaining $1.21 In American Wealth…
  he's just some nerd

Enough With Blaming Chris Dodd For Everything!

Really, this rigmarole about Chris Dodd being the lyingest liar of liars who is responsible for the AIG bonuses because he took money from their contributors before the company broke down is… weak. Trite even! Read more on Enough With Blaming Chris Dodd For Everything!…
  cartoon violence

And We Shall Give Ourselves Over To The Beasts

By the Comics CurmudgeonHa ha, another week gone, another week in which our economy and the posh lifestyle it has afforded us continues to circle the drain, leading us inevitably towards despair! This has of course led to much finger-pointing, recrimination, etc. Should Tim Geithner be in charge of the Treasury? Should the entire class of jackholes who ran the financial services industry for the last decade be purged? And if so, who should we replace them with? Oh, sure, you liberals will be all like “Trained government bureaucrats!” But is that really “outside the box” enough for our current predicament? What if instead we turned to the animal kingdom? They could do all the work, while we relaxed and lived like kings! Read more on And We Shall Give Ourselves Over To The Beasts…
  martyrs

Tim Geithner Suffers Through Late-Night Meeting With Angry Democrats

Eek, would you want to be locked in a room getting yelled at by Henry Waxman for hours and hours? Because that is how Tim Geithner got to spend his Monday night, hooray! He has the worst job in America, worse even than those people who clean up murder scenes or give Rush Limbaugh enemas. Read more on Tim Geithner Suffers Through Late-Night Meeting With Angry Democrats…
  picking winners

Geithner’s Plan Seemed So Bad Last Week Because Geithner Did Not Really Have A Plan

The Washington Post has an extraordinary article today about why Tim Geithner’s press conference to unveil the administration’s bank rescue plan last week seemed to… suck? Is that the word? Well it wasn’t the plan, so much — as best we understood this vague monstrosity, it was something like, “Public private money tax blah blah uhhh force lending guarantee toxic gas blah blah blah uhhhhh TWO TRILLION DOLLARS,” so fair enough — so much as it was Geithner himself, who appeared to have no confidence in himself, the plan, or America. The Post reports that this is probably because he had ditched a different plan a few days earlier, and what you heard at the press conference was just some unreadable gibberish he threw together on the john a few minutes before taking the podium. Read more on Geithner’s Plan Seemed So Bad Last Week Because Geithner Did Not Really Have A Plan…