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« Attention Investors: Do Not Let This Man Anywhere Near Your Money - The Larry Summers Legacy - Harvard Loses $1.8 Billion | Main | White House Ejects Lobbyists From Federal Advisory Boards »
Monday
Nov302009

Sen. Stabenow Whiffs When Asked To Blame Captured Geithner

Video: Mike Stark With Sen. Debbie Stabenow (D-MI) On Wall Street And Geithner -- Nov. 20

Stark serves up Wall Street's capture of Treasury Secretary Geithner on a Thanksgiving platter and Senator Stabenow chooses to play politics.  Utterly useless.  Bailout background: she was one of 4 Senators who voted 'no' on the first $350 billion of TARP who then crossed over to vote 'yes' on the second $350 billion.  In contrast, 21 Senators voted 'yes' on TARP 1, and then voted 'no' on TARP 2.

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Reader Comments (12)

Ah, thank heavens. Sen. Stabenow has had "personal conversations" with his Highness and believe-you-me, "he gets it." Well, hallelujah and raise a flag. (Dumb fucks.)

Instead of blowing wads of (China's) cash, Barney Frank should be out mowing my lawn and this lady oughta be at home baking me some cookies. You know -- doing something useful to make up for the damage they're doing. And tell W. to get his ass over to MY ranch, 'cause I've got some brush that needs clearing.

Not to sound like Ken, but can we at least start coming up with some hypothetical plans for how and when to revolt? Or at least threaten to revolt. I'm kind of partial to just telling the bastards that we're not going to go along with their plans. Pick your issue and just say NO. Now, maybe you aren't really promising to go to jail, but the threat is just as important as the thing itself. (At least that's what Alinsky says.)
Nov 30, 2009 at 1:40 AM | Unregistered CommenterJames H
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a1B7Cs1f.TO8


Nov. 23 (Bloomberg) -- If Timothy Geithner were a Broadway show, the producers would shut it down.

Treasury secretaries get attacked all the time and have to take it with aplomb. It’s in the job description. The criticism serves a purpose: A secretary who can withstand the withering attacks of congressmen has what it takes to manage a real crisis.

Against this backdrop, Geithner’s performance last week was the most pitiful by a major economic policy maker in ages. Geithner broke the cardinal rule for Treasury secretaries. He lost his cool.
Nov 30, 2009 at 2:57 AM | Registered CommenterDailyBail
James, The only way I can see out of this is if people like you (and others here) run for Congress and change it from the inside. If you want to control where you are going, you've got to get in the drivers seat. A huge public education effort, like what this website brings, would help by paving the way. Do you see any other way that wouldn't have us running into dead ends (figuratively or literally)?
Nov 30, 2009 at 10:59 AM | Unregistered CommenterSonic Ninja Kitty
SNK, I don't know. I'm sure that's one way to go about it. In the short term, it would help if we could get more Ron Paul Republicans and more real conservatives (Walter Jones/Lou Dobbs types) involved in taking back the GOP from the neocons, the charlatans and the blustering big spenders. That would help, too.

To be truly successful, though, I think it's going to take some real in-your-face agitation. A riot now and then wouldn't hurt, either. I'm bullish on the teabaggers -- good business model and lots of room for growth. I just hope that upper management doesn't milk it dry for their own establishment-GOP purposes.

I'm also excited about Lou Dobbs. He's good on the wars, on spending, on economics, and on health care. It's possible the neocons could label him a "dove" or whatever, but I'm not so sure. If a real conservative type says "We're not going to let our boys and girls die in needless wars, by gum," I think they'd win a lot of votes that way. And Dobbs wouldn't need or get the liberal vote anyway. If he were successful in a year or two at getting some attention, and if the teabaggers have their heads screwed on right and get behind him, I'm sure the liberals and their lapdogs will start worrying about "populism" and "racism" and whatnot, but I don't think people will buy it. Not after what we've been through with Iraq, the bailouts, the "stimulus," and now with the great disappointment that is Obama.
Nov 30, 2009 at 11:23 AM | Unregistered CommenterJames H
that billboard is a thing of beauty...front page for that one...
Nov 30, 2009 at 11:55 AM | Registered CommenterDailyBail
James...think tea party.
Nov 30, 2009 at 2:42 PM | Unregistered Commentergobias
I think any honest person who ends up in Congress is ether corrupted immediately, or muzzled and pushed into a corner where they can be easily controlled. The special interest lobbies and their crooked career politicians eat honest individuals for breakfast. I bet Obama wasn't in office a week before a few of the rotten bastards I'm talking about took him aside and told him, do what we say when we say it or we will chew you into mulch and spread you on the White House Garden. Why else would he roll on damn near every campaign promise he made. I'm not saying he is lilly white ( no pun intended) but I think he actually thought he could do some good for the American People. Now they turned his health bill into 2000 pages of camouflage to let the insurance and pharmaceutical lobby write the legislation. A fine of up to $750.00 if I don't buy insurance. They better wake up and smell the flowers. Our Congress is pissing a lot of people off and I'm one of them. We need campaign finance reform, term limits, and every incumbent in office has to go period. Our Government is so revolting it's time to Revolt.
Nov 30, 2009 at 10:12 PM | Unregistered CommenterSagebrush
Sage words, Sagebrush. What we have to put up with is insanity. Every god damn day we wake up and try to figure out what they're going to do to us next, or how much it's going to cost us, and how we can stop it. It's insanity. No sane person would choose to be ruled like this, but we're expected to just go along with it. My hope now is that they just keep pushing, because blowback is a bitch.
Nov 30, 2009 at 10:28 PM | Unregistered CommenterJames H
Sagebrush, I hate to break it to you, but Obama lied and cheated his way through the primaries big time. He has always been a rotten apple. The bankers planned very carefully--they didn't just cross their fingers and wait for chance to bring them a stooge. There was never any real hope or honesty. It was all fake.

I think it's rare but one can remain an honest person in Congress. Look at Ron Paul. His example is the only one to follow, IMHO. Tea parties have been hijacked by the neocons. Similar things like rallies to end the Fed are good but not nearly enough. The revolution will have to be a very long and methodical process, just like our destruction was.
Nov 30, 2009 at 11:42 PM | Unregistered CommenterSonic Ninja Kitty
Sonic Ninja Kitty, As much as I hate to admit it I think you may be right about Obama. Too many things conveniently worked out for Wall Street and the big banks at our expense with no oversight. Too many promises never pursued, If he vetos HR 1207 he's in their gang for sure. Your right about Ron Paul too, but if the econmy hadn't tanked they'd still have him shoved in a corner. Look at how long it took him to get something going against FED. In today's Washington I believe he is the exception to the rule. An honest man swimming in a sea of corruption.
Dec 1, 2009 at 12:00 PM | Unregistered CommenterSagebrush

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