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« Former Reagan Budget Director David Stockman Annihilates Wall Street, Federal Reserve Debt Monetization & The Bailout Super Culture | Main | Of The 1%, By The 1%, For The 1% »
Sunday
Jul102011

Tim Geithner: "I Never Had A Real Job"

We could add that Geithner never paid taxes like a real taxpayer either.  Funny sound bit aside, his ongoing attempt to distance himself from Wall Street's leveraged decade is pitiful.  You know our thoughts, as President of the New York Fed, Geithner was criminally negligent in his role as Wall Street's chief regulator.

Archive Video - Geithner on Fareed Zakaria's GPS - April 25, 2010

  • “I find that the charge that — the myth that I worked in Wall Street all my life, somewhat amusing.  But it is part of a narrative that hardened.  People came to view the judgments we were making through the prism of a myth … it’s actually very damaging.  It’s completely false, of course, and it, you know, should have been corrected a long time ago.”
  • “What I say is that I never had a real job.”

Truer words have rarely been spoken, and the WSJ has the details:

Source - WSJ

Geithner has worked in government his whole life.  Before becoming Treasury secretary, he was president of the Federal Reserve Bank of New York, which is a government job but is closely associated with Wall Street.  The New York Fed president is selected by a board of private sector bankers and other private sector officials but has to be approved by the Federal Reserve Board in Washington.  Almost all of the New York Fed’s profits get turned over to the U.S. government.

---

Video - Max Keiser - 2010

Geithner's crimes thru AIG - will the truth come out?

 

 

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Reader Comments (8)

Florida Sen. Rubio warns of U.S. debt 'death spiral'

Read more: http://www.miamiherald.com/2011/02/24/2082825/florida-sen-rubio-warns-of-us.html#ixzz1EtxWx0la
Feb 24, 2011 at 1:16 PM | Registered CommenterDailyBail
everytime i see this idiots face i want to throw up.
Feb 25, 2011 at 12:14 AM | Unregistered CommenterSell Short
Since when is Wall Street Toilet Rinser not a job?
Jul 10, 2011 at 9:32 PM | Unregistered CommenterCheyenne
thanks for the chuckle...
Jul 11, 2011 at 1:24 AM | Registered CommenterDailyBail
I never knew anyone who was paid to receive a swirly Cheyenne, when did they start doing that?
Jul 11, 2011 at 2:37 AM | Unregistered CommenterS. Gompers
Geithner is way too modest. He's worked hard at the job of looting the American people.
Jul 11, 2011 at 2:01 PM | Unregistered Commenterj r
" Almost all of the New York Fed’s profits get turned over to the U.S. government." Not true. Disinformation by the WSJ. A lie.

The New York Federal Reserve is a PRIVATE bank who pays out ALL profits to its shareholders like Rockefeller (ca 40%).

The ONLY "profits" given to the Federal government are the federal taxes on the profits paid out to the Fed's private shareholders.
Jul 12, 2011 at 8:03 AM | Unregistered CommenterMouser
Tim Geithner actually did have a job outside the government once, when he worked as model for kids' toys. Here's Tim with a blow-up Superman doll...

http://www.pop-ology.com/wp-content/uploads/2009/09/toy_fail.jpg

Easy on the nipples, kid.
Sep 1, 2012 at 7:33 PM | Unregistered CommenterCheyenne

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