Posts Tagged ‘geithner’

Tim Ross

‘Too Big to Fail’ Surprisingly Fair and Entertaining

by Tim Ross

I’ve written several articles skewering HBO for producing political projects destined to air immediately prior to the 2012 election, where the vast majority of the cast and crew are passionate Barack Obama supporters, and where the content is aimed at the Democrat’s two favorite Republican villains: Sarah Palin and Dick Cheney. So, when I sat down to watch HBO’s Too Big to Fail, I prepared myself for the worst. What I didn’t expect was the big surprise awaiting me.


Too Big to Fail, which premieres on HBO on May 23, 2011, features a star studded cast recounting the events that led to the financial crisis and bailouts by the U.S. government in 2008. It is a mini-series packed into a 98-minute made-for-television movie where several essential characters are quickly introduced and where finance and economics are casually discussed. It may help if one has a baseline of knowledge about the crisis before watching the movie. If one doesn’t know who Henry Paulson, Ben Bernanke, and Timothy Geithner are or what Lehman Brothers, Goldman Sachs, and AIG are, it may prove slightly difficult to follow.

Although the Director, Curtis Hanson (L.A. Confidential, 8 Mile), was limited to telling a very long and complicated story in a very short amount of time, he was able to skillfully pull it off. Perhaps this is because the screenwriter, Peter Gould (Breaking Bad), deftly adapted Andrew Ross Sorkin’s 2009 prize winning New York Times Bestseller, Too Big to Fail. (more…)

John Nolte

Treasury Sec Geithner Met with Jon Stewart to ‘Discuss the Economy’

by John Nolte

Can we blame Jon Stewart for the economy now?

Regardless, this might help explain the post below (and Saturday’s “Restore Sanity” rally), why Stewart found Republican victories so much more high-larious than the Dems losses…

JohnStewartHalo4USE
Satirist, Economist

Per Bloomberg, here’s more evidence of just how co-opted Jon Stewart is and pathetic the Obama administration’s become — off-the-record meetings with our nation’s Treasury Secretary “to discuss the economy“:

In the midst of debates on financial regulation and China’s currency in April, Treasury Secretary Timothy F. Geithner sat down to discuss the U.S. economy — with comedian Jon Stewart.

Geithner and Stewart, host of Comedy Central’s “The Daily Show,” held an off-the-record meeting at Stewart’s office in New York on April 2, according to Geithner’s appointments calendar, updated through August on Treasury’s website.

Geithner didn’t stay for a television interview with Stewart although other administration officials — most notably President Barack Obama last week — have turned up for on-camera chats.

“Jon Stewart is influential in America, so we took the opportunity for the two to meet and to discuss the economy,” Treasury spokesman Steve Adamske said in an e-mail yesterday. Stewart’s program has poked fun at Geithner, including a segment last year about the Treasury secretary’s trouble selling his New York home.

(more…)

Doug TenNapel

The Least Patriotic Administration Ever

by Doug TenNapel

I wish I could say I was shocked to discover that Health and Human Services cabinet nominee Kathleen Sebelius is a tax cheat. I’m not moronic or Democrat enough to call this administration a “culture of corruption,” I’ll leave that to smaller minds buried beneath tighter stretched faces. But now we can add Sebilius to a pile of tax-cheating nominees that include; Daschle, Geithner, Nancy Killefer and Hilda Solis.

Kathleen Sebelius didn’t admit to cheating, she claimed that they were “unintentional errors.” I have reason to suspect cheating when all of these unintentional errors just happen to go in one direction. None of these Democrat nominees unintentionally overpay taxes or claim too little on their charitable donations. Like Franken vs. Coleman, the errors always seem to go one way. (more…)

Gary Graham

Quick!!! While He’s Outta the Country, Let’s Change it Back to ‘America’!!!!!!!

by Gary Graham

The Prez has flown to England and there’s only one thing to do while he’s gone: Let’s get our country back. Okay, it’s not going to be easy, there are a lot of hurdles.  I’m pretty sure I can take Harry Reid, Chris Dodd, Chuck Schumer, Maxine Waters, and that puffball press secretary Gibbs.  Multiple adversary bash-a-thon!!!   Hai-Yah!!

Barney Frank I ain’t touchin’… I’m not a homophobe; I simply suffer from an irrational childhood fear of Elmer Fudd.

And Nancy Pelosi?  I’m sending my friend Andrew Breitbart in to cross-check her hard into the glass.  (I know he’s been dyin’ to get the go-ahead.)  I am certain that if I confronted her, she would hit me with that death ray from those Neutronium eyeballs of hers…the same ones that hypnotize the Washington press corps into not busting up every time she opens her mouth. (more…)

Jeffrey Jena

Mortgage Math Doesn’t Add Up

by Jeffrey Jena

I am no Nobel Prize winning economist like Paul Krugman. I didn’t go to Harvard or Dartmouth like the president and his economic brain trust of Geithner and Paulson. I did, however pass seventh grade math at Holy Family School in Ashland, Kentucky and the way I see it, something doesn’t add up.

 

Way back in October, (you remember October, it was when the Worlds Series was going on), the President was saying unless we slapped down seven or eight hundred billion dollars to get rid of bad mortgages and other “toxic assets” we were going to slide down into the abyss of economic ugliness from which there was no return. We needed to do it, right then! Now! Today! Wait, is this a four day weekend? Ok, we’ll do it Monday. Do you remember?  So we ponied up the dough and that solved the problem, right? (more…)

Gary Graham

Congress Acts Swiftly!

by Gary Graham

I notice that the House acted swiftly to tax the AIG bonuses.  (And at 90% — wow…seems a bit steep, but hey – taxation as a means of punishment is a time-honored tradition amongst the Left.)  Because earlier they had acted swiftly in condemning the fact that AIG executives were even taking bonuses at all after receiving billions in bailout monies.  And this on the heels of the 787Billion dollars ‘Stimulus’ Bill that the Congress had acted swiftly to pass. 

Chris Dodd acted swiftly to redirect blame toward the Treasury Dept. for the snafu, and Tim Geithner acted swiftly to stumble over his memory of time lines of discovery and timing on the whole affair; while Maxine Waters, Our Lady of Pure and Noble Purpose, acted swiftly to indignantly demand answers from Chris Dodd, Tim Geithner, and anyone who could point the camera at her microphone.   (more…)

Seth Swirsky

Why Should Obama’s Poor Cabinet Choices Surprise Anyone?

by Seth Swirsky

Candidate Obama chose to be friends with William Ayers, the unrepentant terrorist. Yet, the leftist media thought it was more important to “vet” Bristol Palin’s boyfriend’s family.

Candidate Obama chose to allow Tony Rezko, now an indicted felon, to loan Obama $300,000 to help him buy his big home. The press and Democrat voters thought John McCain’s seven homes – bought without the hint of a graft – was a more important story.

Citizen and candidate Obama chose to remain in the church of Reverend Wright’s, whose diatribes against America are now famous. But, the media and Democrats thought it was more important to demonize President Bush who kept America safe from terror attacks for 7 ½ years.

Senator Obama voted against the Surge. In light of the Surge’s obvious success, did the media call candidate Obama’s judgement into question? No. (more…)