Friday Stack: Please step down, Mr. Geithner Edition
by rocketc
You are a den of vipers. I intend to rout you out, and by the Eternal God I will rout you out. If the people only understood the rank injustice of our money and banking system, there would be a revolution before morning.
-Andrew Jackson, President Father of the Democratic Party, in opposition to the formation of a central bank 1828
We need leaders today who are not afraid to speak like President Jackson.
Interesting news articles from the week:
George Soros has spent the last five years bankrolling the political far left in this country. He made most of his money by destabilizing currencies in other countries and he is making a great deal more money by destabilizing ours.
Speaking of destabilizing currency. Check out this time line:
- China proposes a new “super currency” to replace the dollar.
- President Obama supports the dollar in his press conference.
- Presidential economic advisor, Austan Goolsbee leaves the door open on a one-world currency.
- Secretary of the Treasury, tax cheat and “tanker of the Pacific Rim” Tim Geithner seemed open to the idea as proposed by the governor of China’s central bank.
- And the dollar took a dive.
I understand why George Soros is a big fan of this administration.
So, earlier this week, I wrote that our government likes to invest in failure. I think that Congressman Benjamin Cardin must have read the article at this little blog because he decided that our government needed to invest in another failing enterprise: newspapers.
Of course, our Congressmen are not using their own cash to prop up newspapers, they are using your money instead.
If one of those failing newspapers would actually reporting news by ferreting out all of the corruption in our government, maybe they would not need a bailout. Of course, then they would be investigating the same people who have the power to give $billions to prop up the institutions by handing them your money. Sigh.
Senator Chris Dodd’s wife used to work for AIG. That is not a crime, but I thought you might want to know.
Read American Exceptionalism.
Have a good week!
2 Responses to “Friday Stack: Please step down, Mr. Geithner Edition”
By Odnal on Mar 29, 2009 | Reply
Ah yes. Of course we can’t have an aging technology like newspapers fail. No amount of government bailout or tax classification shifting is going to keep newspapers in business. The reason is that they are failing is because nobody reads newspapers anymore.
By rocketc on Mar 31, 2009 | Reply
I am still waiting for a bailout for blacksmiths and lamplighters.