Barofsky: 'Geithner Admitted To Us Privately That Obama's Housing Policy Was DESIGNED To Sacrifice Homeowners In Order To "FOAM THE RUNWAY" For The Banks'
Runs 45 seconds. This is a doozey...
More embarrassing secrets revealed about Geithner's penchant for protecting Wall Street, from a July 24 appearance by Neil Barofsky on MSNBC's Morning Joe that left the panel stunned in disbelief. It's a safe assumption that Tim Geithner now regrets threatening Barofsky back in 2010. Here's the truth from Geithner's omnipresent media nemesis:
"American Express alone received more TARP money than struggling U.S. homeowners."
Neil won't stop torching the Treasury Secretary, everywhere it seems. I've got at least 10 Barofsky clips from the past week. Granted, it is a book tour, but praise the Rain Gods, because Geithner is being abused early and often by the ex-SIGTARP. I've written extensively on it before. Turbo miscalculated Barofsky. Big time. Geithner tried to bully the wrong dude. As a general rule, it's probably best not to threaten former Federal prosecutors. Exposing scumbags like Geithner is Acapulco style, Dos Equis drinking, leisure and vacay to Barofsky, who dealt with death threats from Mexican and Colombian drug lords as a normal part of his old gig.
Don't forget that the HAMP bait-and-switch Geithner organized destroyed actual lives:
The most disturbing parts of Barofsky’s book are stories of Americans who were made worse off by Obama’s bailouts. One California business owner who could have sold his house at a loss, but maintained some savings and his credit history, was enticed into a HAMP trial modification that was supposed to cut his payment in half. Instead, thanks to HAMP, he lost his house, his savings, his credit and his business.
Keep this in mind while Obama prattles on about his undying support for the middle class.