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Skwmom

(12,685 posts)
Fri May 6, 2016, 02:57 PM May 2016

They govern to cash in, not to do what is right for this country or its citizens.

That is why so many people are turning against both parties this cycle.

Geithner of course was the Treasury secretary who pushed the bailout of the big banks, including JPMorgan, in the wake of the financial crisis, beating off anyone who wanted to discipline the banks or punish their executives with the argument that doing so would further destabilize the financial system.

His cosseting of the banks brought him into conflict with the chairman of the bailout oversight panel, Elizabeth Warren, the future senator from Massachusetts, and the inspector general for the program, Neil Barofsky, as well as one of the top bank regulators, then-FDIC chairman Sheila Bair — all of whom have documented their clashes with Geithner in recent books.

Geithner also failed to execute the government’s plan for mortgage relief to individuals in order to shelter the banks from losses, one of the reasons Barofsky titled his book Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street.

Let’s make him the poster child for much of what ails our current financial system. Bernie pledged this weekend to look elsewhere than Wall Street for top cabinet officials. This is certainly a pledge to move in the right direction.

http://www.dailykos.com/story/2016/2/11/1483533/-Geithner-cashing-in-on-Wall-Street

Of course, it's all good. I mean we have the President of the United States making jokes about it.

President Obama speaking at the White House Correspondents' Dinner.

As you know, Spotlight is a film — a movie — about investigative journalists with the resources, the autonomy, to chase down the truth and hold the powerful accountable. Best fantasy film since Star Wars.

Of course, I'm sure he meant this about the opposing party. Oh, the irony.
https://www.romper.com/p/president-obamas-white-house-correspondents-dinner-speech-brings-the-lols-transcript-9833

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They govern to cash in, not to do what is right for this country or its citizens. (Original Post) Skwmom May 2016 OP
“The abuse of buying and selling votes crept in and money began to play an important part Tierra_y_Libertad May 2016 #1
 

Tierra_y_Libertad

(50,414 posts)
1. “The abuse of buying and selling votes crept in and money began to play an important part
Fri May 6, 2016, 03:21 PM
May 2016
“The abuse of buying and selling votes crept in and money began to play an important part in determining elections. Later on, this process of corruption spread in the law courts and to the army, and finally, when even the sword became enslaved by the power of gold, the republic was subjected to the rule of emperors.” —Plutarch
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