Tag Archives: Timothy Geithner

Congressman to Bernanke: Where's the money?

Allison Kilkenny 7 Replies

Update: This article has been edited to read “$2 trillion in taxpayer money.” The original read “$2 million in taxpayer money.” This week, Congressman Alan Grayson (D-FL) launched UnMaskTheFed, a website devoted to finding out where the $2 trillion in taxpayer money went during the bailout frenzy. Grayson wants answers before Chairman of the Federal [...]

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Marcy Kaptur's Fight Club

Allison Kilkenny 7 Replies

Fight Club entered popular culture in 1999 when director David Fincher adapted Chuck Palahniuk’s novel into a film that reflected the zeitgeist of modern America with its empty culture, obsession with aesthetic beauty, and slavish under and middle classes. Warning: Decade-old spoiler coming up. The film ends with the agents of “Project Mayhem,” protagonist Tyler [...]

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Alan Greenspan is the definition of 'EPIC FAIL'

Allison Kilkenny 12 Replies

Today, the former Fed chairman told George Stephanopoulos that the U.S. economy was “getting close” to the point where it would stop losing jobs. Fantastic, but I have a couple questions: Why is Alan Greenspan still being asked about the economy, and what does it take, exactly, to become a discredited figure in this country? If [...]

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The Ecstasy and the Agony

Frank Rich, NYT BARACK OBAMA must savor the moment while he can. It may never get better than this.#mce_temp_url# As he stood before Congress on Tuesday night, the new president was armed with new job approval percentages in the 60s. After his speech, the numbers hit the stratosphere: CBS News found that support for his economic plans spiked [...]

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What We Don’t Know Will Hurt Us

Allison Kilkenny Leave a Reply

Frank Rich AND so on the 29th day of his presidency, Barack Obama signed the stimulus bill. But the earth did not move. The Dow Jones fell almost 300 points. G.M. and Chrysler together asked taxpayers for another $21.6 billion and announcedanother 50,000 layoffs. The latest alleged mini-Madoff, R. Allen Stanford, was accused of an $8 billion fraud with 50,000 victims. [...]

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