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Geithner plan is a give away, moral hazard thrives!

By Erik Blazynski / March 31, 2009 /

Geithner, sal khan, Tarp 2, bailout, banks

Audit Congress

By Jim Vicevich / February 16, 2009 /

Well you knew it had to happen sooner or later. Some of you have already suggested it and I can’t say its a bad idea. Have you paid your taxes lately? If you said “yes” then you are in good company.  Millions of Americans not only struggle with the duty of following a convoluted tax code,…

Obama administration “balanced approach” short on the “balance” part

By Steve McGough / November 30, 2012 /

Obama administration staffers discussing President Obama’s proposed balanced approach to reducing the deficit a few dollars – there is no interest in discussing the debt or unfunded future liabilities – have shown little or no interest in spending cuts.

Bailouts for Tax Cheats??!

By Dave in EH / May 28, 2011 /

There’s an old joke about how snakes don’t bite lawyers out of professional courtesy.  But tax cheats?

Due process and equal protection?

By SoundOffSister / April 3, 2009 /

Unlike my brother, I am not one to rant.  Occasionally, however, someone in Congress says something that is so stupidly outrageous (or outrageously stupid), that my normal mild mannered demeanor is forced to rant.  So, please forgive me, I’m not used to this. Congressman Grayson, sadly from my home state – though luckily not from my…

Outrage? Really?

By Jim Vicevich / January 30, 2009 /

President Obama expresses sudden outrage at bonuses paid to Wall Street executives during what is arguably one of the worst years evah on the Street. Here’s the outrage bite. httpv://www.youtube.com/watch?v=wXtaClHCG2k But wait … his Treasury Secretary …. well he got a nice little bonus even though he presided over the banking collapse. Newly minted Treasury…

Just in time to buy the banks – Video Added

By Jim Vicevich / January 21, 2009 /

It looks like the man so smart he couldn’t figure out his taxes will be confirmed as Treasury Secretary. Too bad. Tim Geithner also happens to be one of the “brain trusts” behind the current financial TARP program. You know, the one that’s been trying to bolster bank balance sheets. Soon … he will be…

Obama administration completely unconcerned about debt and deficit after 2012

By Steve McGough / February 16, 2012 /

Ten years. That’s all they give a crap about. The goal here is to get re-elected and kick the can down the road.

The Deal Behind the AIG deal – Video: Warren vs Geithner

By Jim Vicevich / December 15, 2009 /

OK, the video is juicy and it’s fun to watch a very smart woman smack down the wizard of smart (H/T Rush). But, to truly enjoy Professor Warren’s performance and Tim Geithner’s squirm, you need some background.

Hedge fund managers eschew participation in the Geithner PPIP

By Erik Blazynski / April 2, 2009 / Comments Off on Hedge fund managers eschew participation in the Geithner PPIP

The Geithner plan puts hedge funds in a bad spot.