Tag Archives: Tim Geithner

MyDD: Geithner et al part an organized criminal conspiracy

MyDD: Geithner et al part an organized criminal elite

MyDD is one of my favorite “liberal” blogs. I’ve been praising it since 2005. MyDD is the site that Daily Kos branched from back in the day.

Thus it is with tremendous pride and happiness that MyDD targets everything that Tim Geithner represents

It has got to happen over the next two years, and its going to take progressives, libertarians, tea partiers, coffee partiers, conservatives… everyone that is not part of the problem (the financial/political/military elite). Get radical, first by moving beyond attachment to a single party or a political identity. Radicalize them both, go independent; whatever, and if that’s not you too, then get out of the way.

MyDD links to a video that, while using liberal tropes that represent MyDD”s ideological history, accurately descibes the Goldman Sachs elite that is destroying our political and economic system

Whoever you vote for this election,

  • Punish those who supported TARP
  • Punish those who supported the Big Business – Big Labor bailouts
  • Punish those who are destroying our economy

We need pitchforks and torches.

The appropriate way to respond to our enemies is…
…love
…and guns
…more and bigger guns.

Outgun them this November.

Oligarchs and the Free Market

The idea is going around, pushed by the New Economics Foundation, Half Sigma, and others, that bankers are worth less than janitors to economic growth.

While janitors have a wealth creation – to -pay ratio of 10:1, speculators are net drains on the world economy

Rather than being wealth creators bankers are being handsomely rewarded for bringing the global financial system to the brink of collapse

Paid between £500,000 and £80m a year, leading bankers destroy £7 of value for every pound they generate.

There is no question that our economic crisis is a direct result of the Oligarchs (a) betting money they did not have, and (b) illegally colluding with the Treasury Department to bail them out for those bad bets.

If the US Government had been serious about protecting a ‘free market’ system of the national security crisis they created, it would have destroyed the wealth of the Oligarchs companies, and drafted the needed bankers until such time as the wealth they had destroyed had been restored. However, the US Government is not concerned with reestablishing a free market system. The Treasury Department has been captured by the Oligarchs.

The Affordances of Domestic Terror

There never
seems to be a surface equal
to the needs of these people.

Curtis has an excellent post that ruminates on two discussion threads here at tdaxp – -”New York Times: Joe Stack was Right” and “A Question for Joseph Stack.” In general I agree with Curtis’s take.

The situation becomes much more interesting if the next attack against Tim Geithner’s Treasury Department is conducted by a reader of Daily Kos or Fire Dog Lake.

New York Times: Joe Stack Was Right

Slashdot links to two New York Times articles (one from 1998, one from 2010) condemning “Section 1706.”  This section was one of the reasons that Joe Stack flew a plane into an IRS building.

This is terrorism. We know who the terrorist is. But what is the cause of this terrorism?

In spite of the Treasury’s Department unjust actions here — actions so egregious they have provoked domestic terrorism — Tim Geithner has not called for the repeal of Section 1706, not said it will not be enforced — indeed, he has done nothing.

We need a Secretary of the Treasury who is tough on terrorism on tough on the causes of terrorism — not an enabler of terrorism, like Tim Geithner.

President Obama should be ashamed, not only for not calling this terrorism, but also for not upbraiding Tim Geithner for his failure to confront the causes of terrorism.

A Question for Joseph Stack

Apparently, Joseph Stack flew his plane into an IRS building, out of concern that the Treasury Department was stealing from the middle class.

If Mr. Stack thought the right bomb, in the right place, at the right time could change the policies of the Treasury Department, why didn’t he fly that bomb into Mr. Geithner’s office?

Perhaps he hoped enough paperwork would be destroyed by attacking the bureaucracy that others would be sympathetic to future attacks on the Treasury Department?

Certainly a small-scale attack on the IRS bureaucracy will not lead to any change in policies in the way a successful attack against the Treasury Secretary would. However, it would be interesting if CNN or other news outlets follows up on this in one year, and reports the number of businesses that were not audited because of this act of terror.

The Obama Economy

The common theme of this video and this news

… is that powerful people are taking our country away from us. Whether it’s Tim Geithner’s friends looting the Treasury, or the Obama White House claiming that it has the exclusive right to license public domain images, the arrogance of power coming from the White House and Treasury Department is awful.

Our Future, Outsourced by the Oligarchs

I don’t disagree with Bill Owens’ take on the Taiwan Relations Act, but The View from Taiwan notes that Owens’ wordds are bought and paid for by the Communist Party.

Of course, so are the remarks of our President.

When the Oligarchs (the CEOs of Goldman Sachs and Morgan Stanley, the Secretaries of the Treasury Henry Paulson and Tim Geithner) looted our treasury, they did not only transfer wealth from Americans to their pockets. They assisted in a raid against the United States that changed our international position more than any single event since 1941.