Timothy Geithner

While You Were Watching Costa Concordia MSM Coverage, TurboTax Timmie Was Moving Money

While You Were Watching Costa Concordia MSM Coverage, TurboTax Timmie Was Moving Money

Anybody surprised that on Tuesday past, the main stream media was shoveling footage of the capsized Costa Concordia while Treasury Secretary and former chairman of the NY Federal Reserve Bank is raiding federal pension funds in order to give Obama some financial wiggle room? Anybody? Nah, didn't think so. Also, if you think SOPA is only about online piracy, maybe it might be time to check into Bitcoin and see how former Chairman of the Senate Banking Committee, Chris Dodd, is now the head of the Motion Picture Association of America; the prime mover and shaker behind SOPA and PIPA…
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Nomi Prins On Geithner’s Move To Tap Pension Funds & The $4 Trillion Sitting At The Fed

Nomi Prins On Geithner’s Move To Tap Pension Funds & The $4 Trillion Sitting At The Fed

(Editor's Note:  I'm still traversing the labyrinth on a whopper of a story, but felt this news item was definitely worthy of more than just a mention considering it is a possible preamble to a news story that broke last October, and a glimmer into just how bad the moos are being screwed yet again.  See y'all soon...) What happens when no one is buying your debt anymore, you can't keep buying your own debt, and you need cash and collateral? Last October, I picked up the news story about the feds holding hearings on confiscating private 401(k)s in order…
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Mentally Bankrupt TurboTax Timmie Geithner Convinced Debt Ceiling Will Be Raised

One has to love Matt's captions for his images and links, and I guess the tea party folks weren't explicit enough for somebody as mentally bankrupt as an international public servant that blames TurboTax for his inability to pay his taxes. Allow me to spell it out. STOP SPENDING MONEY MEANS STOP BORROWING! Our debt is now the second greatest threat to the security of the nation after Barack Obama's hidden past (can you say blackmail?) We have been telling these ass-clowns since before Bush bailed out his buddies in the financial sector in September 2008... STOP DIGGING!!!! UPDATE 1-Geithner…
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Goldman Sachs; More Distraction

Goldman Sachs; More Distraction

I woke up this morning to the news that the SEC is charging Goldman Sachs with fraud.  Whoopeedoodle.  In October of 2008, I wrote a piece based on a WSJ article about the FBI opening preliminary investigations into 26 banks.  Anybody heard a peep about it since? The last article I saw was the investigation of BofA over Merrill Lynch in September, 2009. The average American may think this is great news if they were really paying attention and had all the facts.  An SEC charge against Goldman Sachs is more deflect and distract. TurboTax Timmie (and some say Hank…
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