Treasury Secty Tim says
Posted 30 June 2011 - 03:30 PM
Posted 30 June 2011 - 03:50 PM
When the ship is foundering, the crew takes to the lifeboats, but not the rats too.
Is this a signal of some sort?
Former Naval Person, Islander
"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw
"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe
Posted 30 June 2011 - 04:01 PM
"Again, this is all based on some trivial elementary school arithmetic."
(I borrowed the last comment, it made me smile and spit out my coffee)
Posted 30 June 2011 - 05:41 PM
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
Posted 30 June 2011 - 05:52 PM
Gee, I don't know, but I do find it intriguing that Geithner was in charge of the New York Fed during the Bear Stearns and Lehman Brothers collapse, wasn't he?
Getting out just ahead of the US Sovereign Downgrade.
Who wants to be captain of that ship?
Good riddance...the sooner the better.
Posted 30 June 2011 - 06:39 PM
Instead of prison.
Let me or you try that one.
He paid some of the taxes after being audited by the Internal Revenue Service and didn’t pay the rest until it was clear that he would be nominated for the Treasury post, according to the Senate Finance Committee.
GEITHNER WANTS OUT
Geithner Oversaw Largest Debt Increase Of Any Treasury Sec. In History...
GREENSPAN: Fed's Massive Stimulus Program Had Little Impact on Economy...
Edited by Rogerdodger, 30 June 2011 - 06:42 PM.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
Posted 30 June 2011 - 07:04 PM
Posted 30 June 2011 - 08:49 PM
Posted 30 June 2011 - 10:01 PM
I fail to understand how a private bank CEO like Dimon is being allowed to work for New York Fed. Both are conflicting positions. Although we know that the Feds stoop to the bank, this one is too direct. I hadn't voiced this opinion because I think we never had a discussion on this topic.
The Ivy league boys...the Fed...the Bankers...the Treasury....It's a racket !
It's not the knowing that is difficult, but the doing