House Panel on public funds/AIG is ridiculous

B_starinvestor

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Not a particularly huge fan of Tim Geithner, but the cross-examination by most of these idiotic congressman is blatant posturing for their constituents.

Jackasses.

Fun drinking game might be...drink every time someone on the panel says, 'the American people'
 

faceking

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Not a particularly huge fan of Tim Geithner, but the cross-examination by most of these idiotic congressman is blatant posturing for their constituents.

Jackasses.

Fun drinking game might be...drink every time someone on the panel says, 'the American people'

Both parties do it. And both take the liberty to find a troubled situation and do one of the following:

-act angry
-look surprised that ______ could happen
-puff their wrinkly white chests/necks out
-throw in the latest buzzwords (e.g. "Main Street)
-blather on the steps of the Capitol about how they will save us

When all along they know full well... all the in's and out's and corruption and backhandedness.
 

SeeDickRun

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I think that the day will come when someone before one of these committees will simply have enough of the rudeness and insults of the congressmen. I know that I wouldn't for a second say right into the microphone, "You work for me. My taxes pay your salary. I won't stand for any more of your grandstanding insults. Now, excuse me while I leave this august gathering."

I don't know what's happened to our government. They see themselves as "rulers" rather than "employees" of this country!
 

D_Ireonsyd_Colonrinse

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notes while watching...

Damn! Tim Geithner is so freaking humble! He must be under tremendous pressure, but you can't tell, such a cool customer.

Big strong hands too. If I could only shave off about 10, 15 years from his age, we could revert him back into being the studmuffin he clearly used to be.

Bernanke is still saying Lehman's failure (& consequences) is the reason that bailouts to mega financial institutions are necessary. Failure of AIG and Citigroup could bring the entire american economy down. I guess those Cincinnati Tea Party people with their "No More Bailouts!!" signs are living in some wacky dreamland. They don't seem to understand that mega corporations are not, strictly speaking, part of the "free market" capitalist system anymore. Any Corporation who's failure has the power to bring the entire american economic structure crashing, is no longer part of the free market.

What's wrong with a global currency replacing the dollar?

AIG insures our 401k plans & pensions? Good thing these Cincinnati Tea Party agitators didn't get their way to "let AIG fail!".


Geithner is really finding his groove. He's impressive (and cool under fire... just like my man Obama). Nice to see this all starting to come together.
 
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tripod

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Not a particularly huge fan of Tim Geithner, but the cross-examination by most of these idiotic congressman is blatant posturing for their constituents.

Jackasses.

Fun drinking game might be...drink every time someone on the panel says, 'the American people'

We would all be fucking hammered after the first ten minutes! :tongue:

Both parties do it. And both take the liberty to find a troubled situation and do one of the following:

-act angry
-look surprised that ______ could happen
-puff their wrinkly white chests/necks out
-throw in the latest buzzwords (e.g. "Main Street)
-blather on the steps of the Capitol about how they will save us

When all along they know full well... all the in's and out's and corruption and backhandedness.

It's such a Punch and Judy show! Everybody knows that the Republicans are lying windbags and now the Dems are playing their hands as well.

Nothing will turn a Democrat's stomach like watching the WACO hearings and seeing Chuck Schumer and Joe Biden act like complete ASSHOLES!!!

Congress never has any fucking solutions... they are all bought and sold to the highest bidder which usually means that the little people just pay higher fucking interest rates while everyone's standard of living keeps falling.

Now we are bailing out the same assholes who are bankrupting our sad sack of a country and ultimately, the world.

and just where are our politicians who are supposed to stand up for the people?

I hate this planet, I've never liked it here... the rules by which this planet runs are total bullshit. The meanest and toughest animals do well and everything else can go fuck themselves.

A planet that runs on violence and terror. Complete and utter crap.
 

B_starinvestor

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Bernanke is still saying Lehman's failure (& consequences) is the reason that bailouts to mega financial institutions are necessary. Failure of AIG and Citigroup could bring the entire american economy down. I guess those Cincinnati Tea Party people with their "No More Bailouts!!" signs are living in some wacky dreamland.

Note, 'no more bailouts'

They don't seem to understand that mega corporations are not, strictly speaking, part of the "free market" capitalist system anymore. Any Corporation who's failure has the power to bring the entire american economic structure crashing, is no longer part of the free market.
I don't want to keep beating a dead horse here, but the gov't intervention into lending was the seed that sprouted this monster. Period. At the end of the day, all these 'bailouts' and governments spending are just paying for the error of gov't in the first place. Luv ya Willtom, but I don't have the energy to keep explaining the evolution of that lending intervention. It was an artificial malignant tumor that was planted in the very heart of the economic food chain.

What's wrong with a global currency replacing the dollar?
not in your lifetime:wink:

AIG ensures our 401k plans & pensions? Good thing these Cincinnati Tea Party agitators didn't get their way to "let AIG fail!".
Not trying to nitpick, but AIG didn't 'insure' a single pension or 401(k) plan. They managed pensions and 401(k)'s, but that is a distinct difference from insuring them.


Geithner is really finding his groove. He's impressive (and cool under fire... just like my man Obama). Nice to see this all starting to come together.
Oh - you like Obama? I'll be damned.
 

D_Ireonsyd_Colonrinse

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willtom: I see hope and prosperity coming around the bend... I see fields of green and skies of blue ahead...!

starinvestor: No! -- No, no, no, no, NO!

willtom: America will reconstitute herself! We are survivors! Like that Gloria Gaynor song, "I Will Survive"!

starinvestor: NO! Only republicans know how to bring about true economic prosperity! -- I've explained this to you on many occasions!! - Oh, and Palin in '12!
 

B_starinvestor

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willtom: I see hope and prosperity coming around the bend... I see fields of green and skies of blue ahead...!

starinvestor: No! -- No, no, no, no, NO!

willtom: America will reconstitute herself! We are survivors! Like that Gloria Gaynor song, "I Will Survive"!

starinvestor: NO! Only republicans know how to bring about true economic prosperity! -- I've explained this to you on many occasions!! - Oh, and Palin in '12!

:confused:
 

D_Ireonsyd_Colonrinse

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Just kidding, starman. Sorry. Was trying to parody you as being "The Party of No" - and did a piss-poor job there.


by the way, apropos of nothing, but -- they're not "toxic assets" anymore. They're Legacy Assets! All that bad debt is under new management now! New-and-improved packaging is attracting international buyers.

This is a global economy now. America must now rally & help to bailout foreign corporations with american tax dollars... or american euros!... or american global monetary units!... when these international corps failure threaten economic security.


It's no longer "us" and "them". It's ALL "us" now. It's all "we". Europe and China and Japan and North America are one big giant country now, economically speaking.
 
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faceking

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Just kidding, starman. Sorry. Was trying to parody you as being "The Party of No" - and did a piss-poor job there.


by the way, apropos of nothing, but -- they're not "toxic assets" anymore. They're Legacy Assets! All that bad debt is under new management now! New-and-improved packaging is attracting international buyers.

This is a global economy now. America must now rally & help to bailout foreign corporations with american tax dollars... or american euros!... or american global monetary units!... when these international corps failure threaten economic security.


It's no longer "us" and "them". It's ALL "us" now. It's all "we". Europe and China and Japan and North America are one big giant country now, economically speaking.


The Party of No, is more like the Party of Stop and Fucking Take a Breather... and Vet Some Shit Out Here.

Thinking Obama couldn't care less about a second term... he wants to shoot any/every idea into the sky, and then claim success and American Hallmark at the 2 or 3 plans (out of a couple hundred) that work.
 

B_VinylBoy

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Thinking Obama couldn't care less about a second term... he wants to shoot any/every idea into the sky, and then claim success and American Hallmark at the 2 or 3 plans (out of a couple hundred) that work.

That's still more than our previous administration.
And before you can even put it out of your mouth, NO they didn't "keep us safe" for 7 years. Find another rhetorical untruth to spin.