Hearing of Timothy Geithner’s confirmation today as U.S. Treasury Secretary despite his tax drama while with the IMF, I couldn’t help but feel as if Obama’s team (and his equally transfixed-by-fake-rockstarism Senate) very clearly intended to send a message to America: We are going to do whatever we want and there is absolutely nothing you can do about it.
There are still ignorant Americans bumbling along too distracted by their iPods and smartphones to realize that something insidious is at work in our country; Geithner’s confirmation only serves to clarify that point.
Who exactly is our new Treasury Secretary?
He is Dartmouth educated in government and Asian studies, pulled from the ranks of the Federal Reserve, and worst of all trained in the Robert Rubin school of economics. In case you are not aware (yes, I’m talking to you, stupid hipster bumbling around San Francisco too zoned out to realize you’re being ripped off by current Federal Reserve monetary policy), Rubin believes in greasing the dirtiest hands in corporate America; so long as he somehow makes off with part of the loot.
You may or may not know, then, that Geithner worked closely with Rubin to engineer the Citigroup fiasco. Remember? I’m glad that paid off so well.
In short, Geithner is exactly what this economy does not need. Money that has not even been created yet has been earmarked by both Geithner and Obama - with America continuously calling for stimulus. What don’t you get about inflation at this point?
Geithner, with his intimate knowledge of the inner-workings of the Federal Reserve (and more specifically, its ability to produce debt out of thin air), doesn’t care about your home or your job or your life.
Geithner’s confirmation as Treasury Secretary passed in the Senate today 60-34.
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