SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: GuinnessGuy who wrote (117591)1/23/2009 11:49:36 PM
From: Skeeter Bug  Respond to of 132070
 
Craig,

Geithner is *not* there to "save American taxpayers," rather, he's there to bilk them so the right people can profit.

why do you think they created this bubble?

some super rich folks love 1. getting assets on the cheap (from bankrupt folks) and 2. if #1 doesn't work out well, they'll make tons of money during the bubble and the government will bail them out with tax payer money.

the idea these folks take care of ordinary Americans while not focusing their efforts on lining their own pockets just doesn't hold water, imho.



To: GuinnessGuy who wrote (117591)1/26/2009 8:56:33 PM
From: Madharry  Respond to of 132070
 
I was very much opposed to the nomination of Geithner. Aside from being an unrepentant tax cheat, he was part of the problem how on earth is he going to be part of the solution, as for sheila blair , I think she is a stupid - -- - bag, pretty much torpedoing the ability of banks to access the preferred stock market anytime soon by screwing the preferred holders of Washington Mutual, and transferring the banks assets to JPM on the sly. She ought to be canned ASAP. I think it was foolhardy to raise the fdic limit to $250,000. they should have raised it to $10million and regulate the hell out of the banks going forward. We are in deep doo doo now. For the first time in my life im thinking that my son might have a better future in a different country.