Tag Archives: Geithner

The looting continues, Part 2

Back in March I wrote about how the Bush/Obama bank bailouts are essentially cementing the power of big banks like Citi and Bank of America rather than reforming a system that’s failed so spectacularly. Instead, we’re rewarding big banks for their failure, and turning the other way while they misuse tax payer money in a […]

Just nationalize the banks already

According to the Washington Post, the Obama Treasury Dept., under the leadership of Tim Geithner, is planning to buy up the crappy debt crushing banks and thus the banking system. There is no doubt about it. We need a good financial system in place if our economy is going to recover and thrive. People need […]