"Our Children and Grandchildren are not merely statistics towards which we can be indifferent" JFK

Wednesday, January 27, 2010

Timmy Geithner on the hot seat

Geithner is going the “I had nothing to do with the day-to-day operations of the Federal Reserve Bank of New York (FRBNY) once he was nominated for Treasury Secretary. How convenient Tim. Geithner also stated that he personally had no role in making decisions “regarding what to disclose about the specific financial terms” of the November 2008 AIG rescue. Now Timmy states that he wishes he had been more informed about disclosure deliberations regarding AIG.

Tim mustered up his infinite economic knowledge and substantial depth of private industry experience (oops, only Kissinger and Associates) and spews, “Thousands of more factories would have closed their doors, millions more Americans would have lost their jobs as a result of letting AIG collapse”. Your forecasting credibility is par with “jobs saved or created”.

We are not embracing your “I removed myself” rhetoric Tim. You might be one of People Magazine’s 50 most beautiful people however your level of competence and professionalism is pathetic.

You sir, are not an asset to future generations and your “services” are no longer required.

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