OT: Tim Geithner

[XBoxBoy]

[quote=underdose]The real problem is that the country as a whole has been living beyond its means and is now facing the bankruptcy that must occur from these excesses.[/quote]

Now now, underdose. Please don’t talk like that. You now how this kind of talk just makes things worse. Here, take this trillion dollar stimulus and try to cheer up. Both Dr Geithner and Dr Bernanke have already told you, if everyone would just put on their happy face everything would be okay. Now don’t you want to do what the good doctors have told you? I thought so.

Okay, sarcasm off. Face it, Geithner and Bernanke don’t have a clue what’s wrong, and consequently they sure aren’t going to fix this any time soon. For the next couple of years it’s just hand outs for the CEOs at the banks and a continuing decline in the economy.

XBoxBoy

[paranoid]

[quote=XBoxBoy] Face it, Geithner and Bernanke don’t have a clue what’s wrong, and consequently they sure aren’t going to fix this any time soon. For the next couple of years it’s just hand outs for the CEOs at the banks and a continuing decline in the economy.

XBoxBoy
[/quote]

You cannot expect those same people who created the crisis at the first place to get the world out of it.

You cannot cure an addict by giving him a stronger dose of opium.
You cannot resolve an insolvency problem by creating more debt.

[paranoid]

[quote=XBoxBoy] Face it, Geithner and Bernanke don’t have a clue what’s wrong, and consequently they sure aren’t going to fix this any time soon. For the next couple of years it’s just hand outs for the CEOs at the banks and a continuing decline in the economy.

XBoxBoy
[/quote]

You cannot expect those same people who created the crisis at the first place to get the world out of it.

You cannot cure an addict by giving him a stronger dose of opium.
You cannot resolve an insolvency problem by creating more debt.

[paranoid]

[quote=XBoxBoy] Face it, Geithner and Bernanke don’t have a clue what’s wrong, and consequently they sure aren’t going to fix this any time soon. For the next couple of years it’s just hand outs for the CEOs at the banks and a continuing decline in the economy.

XBoxBoy
[/quote]

You cannot expect those same people who created the crisis at the first place to get the world out of it.

You cannot cure an addict by giving him a stronger dose of opium.
You cannot resolve an insolvency problem by creating more debt.

[paranoid]

[quote=XBoxBoy] Face it, Geithner and Bernanke don’t have a clue what’s wrong, and consequently they sure aren’t going to fix this any time soon. For the next couple of years it’s just hand outs for the CEOs at the banks and a continuing decline in the economy.

XBoxBoy
[/quote]

You cannot expect those same people who created the crisis at the first place to get the world out of it.

You cannot cure an addict by giving him a stronger dose of opium.
You cannot resolve an insolvency problem by creating more debt.

[paranoid]

[quote=XBoxBoy] Face it, Geithner and Bernanke don’t have a clue what’s wrong, and consequently they sure aren’t going to fix this any time soon. For the next couple of years it’s just hand outs for the CEOs at the banks and a continuing decline in the economy.

XBoxBoy
[/quote]

You cannot expect those same people who created the crisis at the first place to get the world out of it.

You cannot cure an addict by giving him a stronger dose of opium.
You cannot resolve an insolvency problem by creating more debt.

[NYCLurker]

Don’t be idiots you guys. Read Thom Friedman’s op ed in today’s Times. This thing is a giant world-wide house of cards and Geithner and his advisors know perfectly well what is going on. Whether their plan will work will remain to be seen but don’t think they are clueless.

There were seminars on Systemic risk, bubbles and regulating derivatives within the Federal Reserve for the past 15 years and many many many smart economists, regulators, lawyers, and market specialists within the System knew EXACTLY what was happening. I know this because I sat in those seminars. Ultimately the kibosh was put on attempts at serious regulation by the powers that be in Washington at the time. Don’t worry, Geithner gets it big time.

[NYCLurker]

Don’t be idiots you guys. Read Thom Friedman’s op ed in today’s Times. This thing is a giant world-wide house of cards and Geithner and his advisors know perfectly well what is going on. Whether their plan will work will remain to be seen but don’t think they are clueless.

There were seminars on Systemic risk, bubbles and regulating derivatives within the Federal Reserve for the past 15 years and many many many smart economists, regulators, lawyers, and market specialists within the System knew EXACTLY what was happening. I know this because I sat in those seminars. Ultimately the kibosh was put on attempts at serious regulation by the powers that be in Washington at the time. Don’t worry, Geithner gets it big time.

[NYCLurker]

Don’t be idiots you guys. Read Thom Friedman’s op ed in today’s Times. This thing is a giant world-wide house of cards and Geithner and his advisors know perfectly well what is going on. Whether their plan will work will remain to be seen but don’t think they are clueless.

There were seminars on Systemic risk, bubbles and regulating derivatives within the Federal Reserve for the past 15 years and many many many smart economists, regulators, lawyers, and market specialists within the System knew EXACTLY what was happening. I know this because I sat in those seminars. Ultimately the kibosh was put on attempts at serious regulation by the powers that be in Washington at the time. Don’t worry, Geithner gets it big time.

[NYCLurker]

Don’t be idiots you guys. Read Thom Friedman’s op ed in today’s Times. This thing is a giant world-wide house of cards and Geithner and his advisors know perfectly well what is going on. Whether their plan will work will remain to be seen but don’t think they are clueless.

There were seminars on Systemic risk, bubbles and regulating derivatives within the Federal Reserve for the past 15 years and many many many smart economists, regulators, lawyers, and market specialists within the System knew EXACTLY what was happening. I know this because I sat in those seminars. Ultimately the kibosh was put on attempts at serious regulation by the powers that be in Washington at the time. Don’t worry, Geithner gets it big time.

[NYCLurker]

Don’t be idiots you guys. Read Thom Friedman’s op ed in today’s Times. This thing is a giant world-wide house of cards and Geithner and his advisors know perfectly well what is going on. Whether their plan will work will remain to be seen but don’t think they are clueless.

There were seminars on Systemic risk, bubbles and regulating derivatives within the Federal Reserve for the past 15 years and many many many smart economists, regulators, lawyers, and market specialists within the System knew EXACTLY what was happening. I know this because I sat in those seminars. Ultimately the kibosh was put on attempts at serious regulation by the powers that be in Washington at the time. Don’t worry, Geithner gets it big time.

[Zeitgeist]

Perhaps the market is doing precisely what they want it to do- fall. Birds of a feather flock together.

[Zeitgeist]

Perhaps the market is doing precisely what they want it to do- fall. Birds of a feather flock together.

[Zeitgeist]

Perhaps the market is doing precisely what they want it to do- fall. Birds of a feather flock together.

[Zeitgeist]

Perhaps the market is doing precisely what they want it to do- fall. Birds of a feather flock together.

[Author]

Posts