Comments on: How Tim Geithner Screwed the American Taxpayer http://www.noquarterusa.net/blog/40169/how-tim-geithner-screwed-the-american-taxpayer/ Sun, 27 May 2012 12:27:00 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: elaine http://www.noquarterusa.net/blog/40169/how-tim-geithner-screwed-the-american-taxpayer/#comment-1292521 elaine Sat, 09 Jan 2010 10:42:11 +0000 http://www.noquarterusa.net/blog/?p=40169#comment-1292521 Now comes the best  part: Turbo Tim would like folks to convert their 401k's to annuities managed by AIG..LOL...this is no joke I just read it on Bloomberg. It just keeps getting better & better. Now comes the best  part: Turbo Tim would like folks to convert their 401k’s to annuities managed by AIG..LOL…this is no joke I just read it on Bloomberg. It just keeps getting better & better.

]]> By: Sonic Ninja Kitty http://www.noquarterusa.net/blog/40169/how-tim-geithner-screwed-the-american-taxpayer/#comment-1292472 Sonic Ninja Kitty Sat, 09 Jan 2010 03:52:53 +0000 http://www.noquarterusa.net/blog/?p=40169#comment-1292472 Whoa--is that you, Henry Paulson?  You are a banking apologista supremo!  Fear is a coward's weapon. Whoa–is that you, Henry Paulson?  You are a banking apologista supremo!  Fear is a coward’s weapon.

]]> By: Sonic Ninja Kitty http://www.noquarterusa.net/blog/40169/how-tim-geithner-screwed-the-american-taxpayer/#comment-1292471 Sonic Ninja Kitty Sat, 09 Jan 2010 03:50:26 +0000 http://www.noquarterusa.net/blog/?p=40169#comment-1292471 Whoa--hello there Henry Paulson, banking apologista supremo! Whoa–hello there Henry Paulson, banking apologista supremo!

]]> By: Larry Doyle http://www.noquarterusa.net/blog/40169/how-tim-geithner-screwed-the-american-taxpayer/#comment-1292397 Larry Doyle Fri, 08 Jan 2010 21:28:17 +0000 http://www.noquarterusa.net/blog/?p=40169#comment-1292397 Guest,  Monday morning QB? What?  I have been way in front of a whole host of travesties from FINRA to housing to Freddie and Fannie over the last 15 months. If Timmy boy wanted  to pay the creditors 100 cents on the dollar then why did he have AIG cross the language out? why didn't he have the balls to stand there in the pocket and level with the public instead of lying over the last year.  AIG could have been saved with sufficeint capital injected without paying 100 cents on the dollar.  Guest, 

Monday morning QB? What? 

I have been way in front of a whole host of travesties from FINRA to housing to Freddie and Fannie over the last 15 months.

If Timmy boy wanted  to pay the creditors 100 cents on the dollar then why did he have AIG cross the language out? why didn’t he have the balls to stand there in the pocket and level with the public instead of lying over the last year. 

AIG could have been saved with sufficeint capital injected without paying 100 cents on the dollar. 

]]> By: Anonymous http://www.noquarterusa.net/blog/40169/how-tim-geithner-screwed-the-american-taxpayer/#comment-1292393 Anonymous Fri, 08 Jan 2010 21:17:41 +0000 http://www.noquarterusa.net/blog/?p=40169#comment-1292393 Doyle you are a true monday morning quarterback. Are you sure you use to work on Wall Street? At the time of the AIG bail-out, which by the way was really under Paulson, we were in uncharted waters. We were within hours of a complete financial market meltdown. After Lehman completely blew up the market, AIG appeared to be next. Then Morgan Stanley, Goldman, etc. etc. were all very close to collapsing. The domino effect was close. It is inconceivable what would have happened if such a large firms as AIG went down and did not fullfill its obligations. Now it is easy to say that better control should been put on what AIG did with the money, but the most important thing was that it met its financial obligations and keep the rest of the financial community from going down. How exactly do you propose that AIG would have only made partial payment on its obiligations, particularly given the short period of time to act and how would you have assert the pay-outs, legal issues, and fair value for the thousands if not millions of transactions the AIG was involved with? Easy to be monday morning quarter back, but there were many involved here, mostly Republicans, and hardly anyone had any good choices or real incite. In addition, it is not as if AIG was giving free money to those on the other side of the transactions, as this is what they were actually owed. Doyle you are a true monday morning quarterback. Are you sure you use to work on Wall Street?

At the time of the AIG bail-out, which by the way was really under Paulson, we were in uncharted waters. We were within hours of a complete financial market meltdown. After Lehman completely blew up the market, AIG appeared to be next. Then Morgan Stanley, Goldman, etc. etc. were all very close to collapsing. The domino effect was close. It is inconceivable what would have happened if such a large firms as AIG went down and did not fullfill its obligations. Now it is easy to say that better control should been put on what AIG did with the money, but the most important thing was that it met its financial obligations and keep the rest of the financial community from going down. How exactly do you propose that AIG would have only made partial payment on its obiligations, particularly given the short period of time to act and how would you have assert the pay-outs, legal issues, and fair value for the thousands if not millions of transactions the AIG was involved with?

Easy to be monday morning quarter back, but there were many involved here, mostly Republicans, and hardly anyone had any good choices or real incite. In addition, it is not as if AIG was giving free money to those on the other side of the transactions, as this is what they were actually owed.

]]> By: oowawa http://www.noquarterusa.net/blog/40169/how-tim-geithner-screwed-the-american-taxpayer/#comment-1292344 oowawa Fri, 08 Jan 2010 17:38:51 +0000 http://www.noquarterusa.net/blog/?p=40169#comment-1292344 Reminds me of Sir John Harrington's famous lines: "Treason doth never prosper: what ’s the reason? Why, if it prosper, none dare call it treason."<a></a> Reminds me of Sir John Harrington’s famous lines:

“Treason doth never prosper: what ’s the reason?
Why, if it prosper, none dare call it treason.”

]]> By: oowawa http://www.noquarterusa.net/blog/40169/how-tim-geithner-screwed-the-american-taxpayer/#comment-1292336 oowawa Fri, 08 Jan 2010 17:19:25 +0000 http://www.noquarterusa.net/blog/?p=40169#comment-1292336 HaHa, jbjd.  Yep, they "need to go" to jail, but unfortunately they have already rounded "Go" and collected $200, er, $200,000,000,000 or so (in fact the money trays are empty and full of IOU's).  They and their GoldmanSachs pals seem to be living the high life on Park Place and Broadway; wish they would all be forced to spend a few years slumming on Baltic and Mediterranean with the rest of us low-lifes. HaHa, jbjd.  Yep, they “need to go” to jail, but unfortunately they have already rounded “Go” and collected $200, er, $200,000,000,000 or so (in fact the money trays are empty and full of IOU’s).  They and their GoldmanSachs pals seem to be living the high life on Park Place and Broadway; wish they would all be forced to spend a few years slumming on Baltic and Mediterranean with the rest of us low-lifes.

]]> By: Always Learning http://www.noquarterusa.net/blog/40169/how-tim-geithner-screwed-the-american-taxpayer/#comment-1292335 Always Learning Fri, 08 Jan 2010 17:17:41 +0000 http://www.noquarterusa.net/blog/?p=40169#comment-1292335 LOL, oowawa!! LOL, oowawa!!

]]> By: oowawa http://www.noquarterusa.net/blog/40169/how-tim-geithner-screwed-the-american-taxpayer/#comment-1292334 oowawa Fri, 08 Jan 2010 16:59:25 +0000 http://www.noquarterusa.net/blog/?p=40169#comment-1292334 "How much did Obama know . . . and when did he know it?" “How much did Obama know . . . and when did he know it?”

]]> By: Animal Control http://www.noquarterusa.net/blog/40169/how-tim-geithner-screwed-the-american-taxpayer/#comment-1292329 Animal Control Fri, 08 Jan 2010 16:41:53 +0000 http://www.noquarterusa.net/blog/?p=40169#comment-1292329 <strong>I want to know LD since when misrepresentation is not lying?</strong> It's when a politician and or wealthy person does it! George Orwell tried to tell us. I want to know LD since when misrepresentation is not lying?

It’s when a politician and or wealthy person does it!

George Orwell tried to tell us.

]]> By: Anonymous http://www.noquarterusa.net/blog/40169/how-tim-geithner-screwed-the-american-taxpayer/#comment-1292328 Anonymous Fri, 08 Jan 2010 16:39:21 +0000 http://www.noquarterusa.net/blog/?p=40169#comment-1292328 <strong>I want to know LD since when misrepresentation is not lying?</strong> It's when a politician and or wealthy person does it! George Orwell tried to tell us. I want to know LD since when misrepresentation is not lying?

It’s when a politician and or wealthy person does it!

George Orwell tried to tell us.

]]> By: lark http://www.noquarterusa.net/blog/40169/how-tim-geithner-screwed-the-american-taxpayer/#comment-1292327 lark Fri, 08 Jan 2010 16:37:21 +0000 http://www.noquarterusa.net/blog/?p=40169#comment-1292327 Look that is beyond the pale. And it is not the corruption per se that stinks putrid cowardice, it is our own willingness to pay for it even if it takes us down the road of loosing our own dignity. All of these things are done to protect the counties and the school boards so that they do not have to contract and reduce their payroll in sync with the real economy. They just want to make sure the County Property Appraisal can keep stating that your house market value is 150 thousand, 250, 350, and so on and not 36 thousand, 46 thousand and 86 thousand and so on. Look that is beyond the pale. And it is not the corruption per se that stinks putrid cowardice, it is our own willingness to pay for it even if it takes us down the road of loosing our own dignity.

All of these things are done to protect the counties and the school boards so that they do not have to contract and reduce their payroll in sync with the real economy. They just want to make sure the County Property Appraisal can keep stating that your house market value is 150 thousand, 250, 350, and so on and not 36 thousand, 46 thousand and 86 thousand and so on.

]]> By: lark http://www.noquarterusa.net/blog/40169/how-tim-geithner-screwed-the-american-taxpayer/#comment-1292319 lark Fri, 08 Jan 2010 15:50:55 +0000 http://www.noquarterusa.net/blog/?p=40169#comment-1292319 Do you know Larry Doyle that the wonderful exiting super patriotic American entrepreneurial solar panels manufacturers featured proudly by the Obama campaign during the election and that were given wonderful tax breaks and grants by the states and counties are now outsourcing jobs to China because they cannot be competitive manufacturing the entire process in the U.S.?    So, yeah, alternative energy my foot. It also goes to China. Do you know Larry Doyle that the wonderful exiting super patriotic American entrepreneurial solar panels manufacturers featured proudly by the Obama campaign during the election and that were given wonderful tax breaks and grants by the states and counties are now outsourcing jobs to China because they cannot be competitive manufacturing the entire process in the U.S.? 
 
So, yeah, alternative energy my foot. It also goes to China.

]]> By: Doc99 http://www.noquarterusa.net/blog/40169/how-tim-geithner-screwed-the-american-taxpayer/#comment-1292318 Doc99 Fri, 08 Jan 2010 15:49:49 +0000 http://www.noquarterusa.net/blog/?p=40169#comment-1292318 Please read - Fan and Fred: Frauds By Design. http://pajamasmedia.com/blog/fan-and-fred-frauds-by-design/ Fredron indeed. Please read – Fan and Fred: Frauds By Design.
http://pajamasmedia.com/blog/fan-and-fred-frauds-by-design/

Fredron indeed.

]]> By: lark http://www.noquarterusa.net/blog/40169/how-tim-geithner-screwed-the-american-taxpayer/#comment-1292317 lark Fri, 08 Jan 2010 15:48:52 +0000 http://www.noquarterusa.net/blog/?p=40169#comment-1292317 Do you know Larry Doyle that the wonderful exiting super patriotic American entrepreneurs featured proudly by the Obama campaign during the election and that were given wonderful tax breaks and grants by the states and counties are now outsourcing jobs to China because they cannot be competitive manufacturing the entire process in the U.S.? So, yeah, alternative energy my foot. It also goes to China. Do you know Larry Doyle that the wonderful exiting super patriotic American entrepreneurs featured proudly by the Obama campaign during the election and that were given wonderful tax breaks and grants by the states and counties are now outsourcing jobs to China because they cannot be competitive manufacturing the entire process in the U.S.?

So, yeah, alternative energy my foot. It also goes to China.

]]>