Whatta fuckin' MAROON: HuffPo..."Geithner Now Worried Banks Too Timid In Taking Risk"

[Amerigo Vespucci]

No, they are not too timid in taking risk. They just don't want to lend money to the taxpayers who financed their bailout. Got that, Timmy, ya fuckin' TOOL?

:grr:

GEITHNER NOW WORRIED BANKS TOO TIMID IN TAKING ON RISK

Calls Banking System "Dramatically More Stable"...

115 Banks Have Failed So Far This Year

FULL VIDEO: Geithner On Meet The Press

http://www.huffingtonpost.com/2009/11/01/geithner-on-meet-the-pres_0_n_341390.html

[Sebastian Doyle]

1. This piece of shit has to GO now

The "Federal" Reserve is not your friend, neither is Goldmine Sucks and anybody who comes from those cabals of criminals should not be allowed to even LOOK at the US Treasury, let alone be in charge of it.

Send the Keebler Elf back to his hollow tree already. :grr:

[bluestateguy]

2. At a certain point they should just order the banks to lend money

Not ask, not request, but compel. Require. Order. Mandate.

[Amerigo Vespucci]

4. I posted an article from Salon here yesterday on TARP:

http://www.salon.com/news/bank_bailouts/index.html?story=/opinion/feature/2009/10/30/tarp

...and this is the key excerpt:

It had been a dark and stormy month of financial collapse, culminating in an attempted power grab. Pushed by his fellow Wall Street Ponzi schemers, Treasury Secretary Henry Paulson -- a former Goldman Sachs CEO -- was threatening Armageddon unless Congress ratified his pamphlet-size decree for a no-strings-attached bank bailout.

So I agree, a big part of the problem is that the government is still "asking" the banks to do "what's right."

Gonna be a L-O-N-G wait on that one.

[jgraz]

6. No, at a certain point they should have nationalized the banks

Unfortunately, that point is far past.

[Tierra_y_Libertad]

3. Why should they? The governments giving them free money.

Here's a bunch of money, and we'll give you more if it isn't enough, so go and gamble with it.

Bankers may be short on ethics and morals but they don't lack the ability to see a good deal when it appears.

[rollingrock]

5. Geithner belongs behind bars

if there was any justice, he would be sharing a cell with Bernie Madoff.

[jgraz]

7. And what about the guy who hired him?

:shrug:

[Turbineguy]

8. Yeah!

DU Teabaggers Unite!