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:
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.
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Video - Max Keiser - 2010
Geithner's crimes thru AIG - will the truth come out?
Reader Comments (8)
Read more: http://www.miamiherald.com/2011/02/24/2082825/florida-sen-rubio-warns-of-us.html#ixzz1EtxWx0la
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.
http://www.pop-ology.com/wp-content/uploads/2009/09/toy_fail.jpg
Easy on the nipples, kid.