Chinese premier Wen Jiabao says he's “a little bit worried” that we'll pay back their $1.2 trillion in depreciated dollars. The Europeans and the Canadians don't want to put any more money into the financial system until we take steps to keep it from being looted all over again. The only one who doesn't seem to be worried is Timothy "what, me worry?" Geithner, who has no backup plan if his trillion dollar gift to the banks (with no compensation limits) doesn't do the trick.
And a comment therein from Matt Taibbi, who wrote the excellent Rolling Stone article on the great clusterfuck:
The other aspect of the Liddy story is that Liddy is an ex Goldmanite who got installed as head of AIG by an ex-Goldmanite (Paulson) in order to bail out… Goldman. Why these people don’t have their heads on pikes, I have no idea.
Let me guess. Oh, but wait. He answers himself.
[The] key thing I wanted to get to in the piece is that voters don’t really have options right now. BOTH parties are completely complicit in this mess. Until there is a real alternative politically, we’re going to keep getting these Wall-Street-friendly pols running things, because the influence of their money is so strong.
....but hey, do what you want....you will anyway.
No comments:
Post a Comment
Comments are moderated. There may be some delay before your comment is published. It all depends on how much time M has in the day. But please comment!