geithnerwatch.com
GM Recall is Symbolic of Detroit’s Demise - Tim Geithner Watch
http://www.geithnerwatch.com/2009/04/gm-recall-is-symbolic-of-detroits.html
Tuesday, April 14, 2009. GM Recall is Symbolic of Detroit’s Demise. I guess there couldn’t be a worse time for General Motors (GM). To initiate a recall of 1.5 million vehicles due to potential fire hazards. For decades, GM has been suffering the ill effects of superior competition, powerful but misguided unions, and poor management. It took devastating economic weakness to seal its fate. Is this the kind of company we want to bail out? I’m sure we can find $50 billion for old Detroit. I’m getting morbid...
geithnerwatch.com
Bailout: $4 Trillion and Counting - Tim Geithner Watch
http://www.geithnerwatch.com/2009/04/bailout-4-trillion-and-counting.html
Wednesday, April 8, 2009. Bailout: $4 Trillion and Counting. So how much is the government spending on the bailout of our financial system? According to the Congressional Oversight Panel. The government has spent, lent, or set aside more than $4 trillion via the Troubled Asset Relief Program (TARP), the Federal Reserve, and the Federal Deposit Insurance Corporation. And what did the Panel’s head, Elizabeth Warren of Harvard Law School, say about that? We still have a long way to go. A very long way.
geithnerwatch.com
Geithner Wants Higher Debt Limit - Tim Geithner Watch
http://www.geithnerwatch.com/2009/08/geithner-wants-higher-debt-limit.html
Saturday, August 8, 2009. Geithner Wants Higher Debt Limit. Is reporting that U.S. Treasury Secretary Tim Geithner formally requested that Congress raise our $12.1 trillion debt limit:. It is critically important that Congress act before the limit is reached so that citizens and investors here and around the world can remain confident that the United States will always meet its obligations," Geithner said in a letter to Senate Majority Leader Harry Reid that was obtained by Reuters. Critically important"...
geithnerwatch.com
Cash For Clunkers! Please… - Tim Geithner Watch
http://www.geithnerwatch.com/2009/08/cash-for-clunkers-please.html
Thursday, August 6, 2009. Yes, we can give you $4,500 for this hunk of sh*t. There’s been some excitement out of there over the government’s Cash for Clunkers. Program in which people are bribed $4,500 for trading in an old car for a new one. Sweet deal, unless you don’t need a car or don’t work in the automotive industry. The program’s cost taxpayers about $1 billion so far, and another $2 billion in Cash for Clunkers. Incentives are on the way. After all, we’ve spent trillions of dollars on the bailout.
geithnerwatch.com
Tim Geithner Fires Rick Wagoner, Still Happy With Vikram Pandit - Tim Geithner Watch
http://www.geithnerwatch.com/2009/03/tim-geithner-fires-rick-wagoner-still.html
Sunday, March 29, 2009. Tim Geithner Fires Rick Wagoner, Still Happy With Vikram Pandit. The Obama administration asked Rick Wagoner, the chairman and CEO of General Motors, to step down and he agreed, a White House official said. On Monday, President Obama is to unveil his plans for the auto industry, including a response to a request for additional funds by GM and Chrysler. The plan is based on recommendations from the Presidential Task Force on the Auto Industry, headed by the Treasury Department.
geithnerwatch.com
Paul Krugman is a Problem For Geithner - Tim Geithner Watch
http://www.geithnerwatch.com/2009/03/paul-krugman-is-problem-for-geithner.html
Sunday, March 29, 2009. Paul Krugman is a Problem For Geithner. Ladies and Gentlemen, welcome to my underground lair. I have gathered here before me the world's deadliest economics geeks, and yet, each of you has failed to stop Tim Geithner. That makes me angry, and when Dr. Krugman gets angry, Mr. Bigglesworth gets upset, and when Mr. Bigglesworth gets upset people DIE. Has an excellent roundup. Of the recent fireworks between economist Paul Krugman and Tim Geithner. A Nobel Prize in economics. He i...
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Tim Geithner Is Your Chairman in Chief - Tim Geithner Watch
http://www.geithnerwatch.com/2009/04/tim-geithner-is-your-chairman-in-chief.html
Thursday, April 2, 2009. Tim Geithner Is Your Chairman in Chief. Our man Tim Geithner sat down for an interview with Katie Couric. And to no one’s surprise, he dropped yet another bomb:. Geithner acknowledged the government has had to do "exceptional things" citing AIG as well as Fannie Mae and Freddie Mac. We have changed management aboard," he said. "And where we've done that, we've done it because we thought that was necessary to make sure these institutions emerge stronger in the future.". Tim Geithn...
geithnerwatch.com
William K. Black: Geithner = EPIC FAIL - Tim Geithner Watch
http://www.geithnerwatch.com/2009/04/william-k-black-geithner-epic-fail.html
Tuesday, April 7, 2009. William K. Black: Geithner = EPIC FAIL. William K. Black, a top regulator during the Savings and Loan Crisis, unloaded on Tim Geithner in a PBS interview from last week. Here are some highlights:. Black on why GM CEO Rick Wagoner was canned. But why the bank heads are still in place:. Black on the issue of bank solvency:. Black on Geithner’s subprime mortgage regulatory failures:. I’m just glad to see that the truth about the financial mess is coming out, and that voices like Blac...