Dylan Ratigan unloads on Tim Geitner…

2Nov/0929

Dylan Ratigan unloads on Tim Geitner…

Calling for his resignation, based in part on actions while at the Federal Reserve Bank of NY, but mostly for perpetuating the culture of opacity that he Dylan feels was a prime component in last year's market meltdown, as well as essentially codifying some the more destructive bank practices here in the US:

Yet in the past 9 months, not only has the administration not fixed anything, they have made things much worse for anyone who isn't a Wall Street banker. Therefore, we are past the point where anyone in power still gets the benefit of the doubt and the process of taking back our country for all citizens must begin now.

This is why I think we must ask if U.S. Treasury Secretary Timothy Geithner is still the right person for the job. It has become clear recently that back in his previous role as New York Federal Reserve Governor, he unnecessarily gave billions of dollars of US tax money to banks and insurance companies with few strings attached. And it is now becoming clear that his lack of meaningful action is helping many of these same banks steal more by legalizing their most economically dangerous, socially destructive and self-enriching practices.

This is a powerful argument, written by someone who fully understands the nature and practical operation of the US Financial system, and not just another rant by a partisan Obama hater.Â Indeed, Ratigan is currently host of an MSNBC show called "Morning Meeting".Â Full disclosure: I never watch it, but know of Ratigan from other network exposure and his tome at CNBC.Â Read the whole piece here, so you don't have to give Arianna Huffington the benefit of your traffic.

(H/T Zero Hedge)

Rocketman

Tagged as: Banking laws, economy, Geitner, Ratigan Leave a comment

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Jimbo Rogers
November 2nd, 2009 - 17:06

Of course you don’t watch Dylan Ratigan, you bloated douche bag, nor would you dare give Arianna Huffington the benefit of your traffic! Duuuuh, boing, boing! Bounce Duuuuh ball!

You read weaselzipper and the r-wingy know-nots! To the outside world you remain unread! Stay strong, ye ignorant, remain steadfast.

Geithner was on Meet The Press, do you watch that, or does that make your beady batwing eyes bleed as well?

Did you know Geithner was the New York Reserve Bank President under Jeeenyus Booooooooooosh Jr.? You could say Timmy’s been around.

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- Bob Reed
  November 2nd, 2009 - 17:47
  
  Timmy has been around, at Goldman Sachs too. And I used to see Dylan on CNBC, and see him occasionally on morning Joe, when I have time to check it out.
  
  But no, I won’t give HuffPo my traffic; why should I? When I want leftish opinion, I read WaPo, LA Times, or NY Times; with all that why should I read HuffPo?
  
  And no, I didn’t see MTP yesterday; it ran while I was in Church, much earlier than usual due to the NYC marathon. But I generally check it out if certain guests are on.
  
  I’m not ignorant, so back off or, you know, that pimp hand playah!
  
  Now, what did you think about Ratigan’s argument?
  
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  - Jimbo Rogers
    November 3rd, 2009 - 01:20
    
    You never watched Radigan on CNBC, liar. Though it’s become mostly clown TV, you don’t watch CNBC. That’s so totally obvious, Mr. What-makes-teh-dollar-move.
    
    Who owns NBC?
    
    Chicken suit, flap-flap! GE makes engines for our jet fighters but GE is teh enemy of _____ (enter the paranoid dumbfucking Fux Nutwork’s latest meme).
    
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    - Bob Reed
      November 3rd, 2009 - 01:39
      
      Uh, hello? Radigan used to have a show on before Jim Cramer’s, it was called “Fast Money”.
      
      And your correct that GE makes jet engines, as well of a lot of diverse industrial equipment. These days GE is on board with Obama and the global warming scare-crew; they have bet a lot on the green agenda going down, and it matters not whether it is honorably or connivingly enacted. And that looks bad considering their TV news organization, for the most part, to a sharp left turn and were a great help in getting Mr. Obama elected. It looks self-serving, at least equally as bad as the cartoon of Halliburton that the left demagogued was…
      
      And ad hominem tu quoque doesn’t cut it after you’ve decried a practice for so many years…
      
      I don’t parrot, nor even favor, Fox news; but in terms of the latest misguided fued initiated by the White House, I call it as I see it.
      
      You’re really full of it tonight, eh? Cool it with the liar assertion and the other insults; act like the gentleman of culture and erudition you purport to be.
      
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    - Jimbo Rogers
      November 3rd, 2009 - 01:50
      
      Liar, YOU LIE!
      
      How about your fuckin’ full of shit, do you prefer that?
      
      You don’t know a lick about global warming, so fuckin’ shut your dumb pie hole about it. I’m pretty sure a few of the ROCKET SCIENTISTS at GE might have a clue, dumbfucker, and you’d think that’d give you a moment of pause from your Sean Hannity act, but no, YOU PREFER TO LIE!
      
      Bu-Bu-Bu-they took a hawd weftist turn! Maybe the truth isn’t right of left, you lost in TV-news clown.
      
      It’s what so cheap about you and your sheeple-like political meme-boiz. You haven’t a clue, but you pretend to!
      
      I guess pretending is noble in America, as is acting in Hollywood.
      
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    - Jimbo Rogers
      November 3rd, 2009 - 01:54
      
      And fuck you, it was wrong for the lost-in-Leftard Land assholes to protest outside Halliburton’s facilities, as in I saw ‘em in Dallas doing it, just as it is wrong for a know-nothing nut-job like you to bag in GE.
      
      You are Code Pink. You are the silly boy.
      
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Jimbo Rogers
November 3rd, 2009 - 00:37

Of course you’re fuckin’ ignorant, that’s why you can’t figure out which way is up. Goo-goo-gah-gah-no-HuffPo!

Douche bag, when you learn to throw the left then you got something to fear – Duuuuuuuuuuuuh, but weaselzupperpies, him sayee!

Fuck off, cheerleader boi. Seriously, you’re not worth reading.

Let me let you in on a secret, intellectual coward, Noam Chomsky is nutty politically but did you ever see the biggest coward on PW besides Ghoster Rubestein, SPB, try and answer one question of “tEh Ez ChoMskY!”

SPB couldn’ answer one question. On all five questions he flopped like a netted mullet. Not even the basics did he know.

That’s who you run with: frauds, racists, insult-tards and all-around hick-stupid dumbfucks.

You’re no rocket scientist. Geithner was on about the same time as Wush Wimbuagh – your wero. My father, or any person of intellectual weight could easily tell one of the two is a fat retarded blowhard pimpin’ a clown-ball and the other is, no matter if you agree with him, a person of the highly educated class.

So what is it, rocket-sprocket boi, dat’um Geithner – do you agree with his extension of Paulson’s and Bernanke’s policies or do you not know the first fuckin’ thing of American capitalism outside of struttin’ in your yellow-feathered chicken suit?

Bock-bock clucks you.

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- Bob Reed
  November 3rd, 2009 - 01:10
  
  So what’s with all the venom and hate? For someone who’s never showed you the same, nor went with those who wanted to shun you..?
  
  As far as MTP goes? How do you happen to dispute my citation of the local TV schedule? Was not the NYC marathon on Sunday? NBC televised it, so they ran all of their news shows much earlier than usual. And as I mentioned I had other things to do than stay home and watch it; and for your information I didn’t watch Limbaugh either as I had house guests to breakfast with…
  
  And what’s with the weaselzippers thing? I believe I’ve linked them once maybe, and can’t remember when that was. And I reject your criticism that my sources are all one sided anyway…
  
  Who are you to call into question who, or what I am? I’m no Limbaugh fan, first of all; and if Geitner were so smart what’s with the lame tax dodge excuse?
  
  And no, I don’t agree with the TARP renewal, nor with more of the bailouts. And I don’t agree with them pushing Q4 debt off until Q1 2010. I know more about economics and capitalism than you give me, or any other informed dilletante, credit for.
  
  Oh, and I also recognize that is arguing a position that is also held among members of the left side of the political continuum; not the overall argument but elements of it…
  
  And, I’ll point out that you never told me what you thought of, or if you even agreed with, what he said? Why don’t you grace me with the considered wisdom of your economic knowledge instead of your invective, venom, and insults.
  
  If for nothing else than because I’ve always been civil to you…
  
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  - Jimbo Rogers
    November 3rd, 2009 - 01:33
    
    Meet The Press is re-played several times on Sundays. Check your schedule. They respect the houses of worship’s hours so much they make it easy for you to catch it.
    
    Hey fucknuts, you don’t know jack-shit about economics, you know Fux Nutworky quack-quacking.
    
    You’re the type of dumb-fuckin’ ignorant that’s done more to damage America than all the Commies combined.
    
    Lazy fuck, this country is responsible for making you soft in the head. We’re doomed by our success, because of you and yours!
    
    No, brain stump, Geithner, Paulson and Bernanke weren’t going to let America do a Great Depression redux just because you ignorant political Neanderthal opportunists threatened to put on your tea-bagger drag and shit and piss all over the White House lawn.
    
    Hey, butthole, lower taxes don’t create jobs. Dumbass. Learn real Econ theory.
    
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    - Bob Reed
      November 3rd, 2009 - 01:53
      
      In the afternoon I watch football, and right now the world series. I don’t go out of my way to view something I can watch video of, or get a transcript, should I really wish to review it. I didn’t feel compelled to hear Geitner cheerleading the GDP increase that was essentially bought and paid for by our tax dollars…
      
      Folks who are at least egually, if not more, learned, experienced, and insightful disagree with your point of view. There are those who feel the unused stimulus finds be returned, and that the urge to do so again be strongly resisted. Even if the drastic measures taken at that time were necessary, they are so no longer, and were handled poorly at best…
      
      And, the same people also feel that expenditures as well as taxes need to be reduced; expenditures more-so than taxes. At the very least they shouldn’t be increased like Obama and the congressional leaders seem committed to doing. Cut discretionary spending drastically, root out the fraud in medicare, repeal the unused portion of the stimulus, and cut the tax rates on businesses; that’s been proven to create jobs in the past, just like reducing capital gains taxes brings greater revenues into the treasury.
      
      The problem has never been cutting taxes, but has been spending so much more than the taxes we take in for long periods of time.
      
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    - Jimbo Rogers
      November 3rd, 2009 - 02:09
      
      YOU DON’T KNOW A FUCKING THING ABOUT OUR ECONOMY, ASSHOLE.
      
      With financial services still at such a high percentage of the total profits of the S&P 500 and with our corporate base so heavily dependent on debt and financing this economy’s life blood is monetary circulation, in other words, dumbass, if there’s no velocity to money through our economy we’re dead. Got it, Daniel Boone-fantasizer? We shut down the pipe’s all at once and we’re fucked.
      
      We need to change our economy, yes, but this must be done orderly – DUUUUUUUUUH!
      
      Ronald Reagan Econ cliches are LIES, YOU FUCKIN’ ILLITERATE RETARD.
      
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    - Jimbo Rogers
      November 3rd, 2009 - 12:44
      
      Hey stupid, remember when Obama The Great passed the stimulus package and added more tax cuts and tax credits to appease the retardo Republicans? Of course you don’t.
      
      Deficit creating tax cuts are called deficit spending in the real world.
      
      In other words, taxes are lower now than under Booooooosh, idjut. Lower taxes have not proven to create shit, you delirious cliche-barking clown, especially lower cap gains, which I’m sure you don’t ever pay, haha. Lower taxes tends to help push more money into the system, but like a economic illiterate that you are you haven’t noticed that if persons take the nominal monies received from a tax cut and, rather than spend it, toss it into a savings account it adds no immediate stimulus at all.
      
      You could learn these things by reading and watching CNBC.
      
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Jimbo Rogers
November 3rd, 2009 - 00:43

Radigan’s arguments are beyond you, whooosh. As you get your racist groove on – DUUUUUUUH Goo-Gah-Ghoster! – you’re blind to the fact Radigan is arguing, in general, a leftist position – DUUUUUUUH – that’s why he has Mark Ames on as a guest on his show – DUUUUUUUH – a leftist friend of mine.

You have it backwards, as usual, coward.

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Bob Reed
November 3rd, 2009 - 02:03

I’m not lying. You know that global warming is a connivance. You know that GE has staked a lot of their future on Obama’s “green” policies becoming law. And you know that NBC and MSNBC were important elements of Obama’s electoral success.

I don’t watch nor listen to Hannity; I’ve told you that before. In fact, I hardly watch TV news, save for O’Reilly and occasionally Larry Kudlow and the first hour of Morning Joe. So quit laying that meme at my feet, if you don’t mind…

The truth most often lies in between the extremes, so by definition it would be right of left, and vice-versa…

I’m no liar. I’m a gentleman of honor, character, grace, courage, and integrity; and have worked hard to become so. And as such I’d appreciate if you treat me with the same courtesies I extend you.

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- Jimbo Rogers
  November 3rd, 2009 - 02:18
  
  Larry Kudlow – BWAHAHAHAHAHAHAHA!
  
  Though I agree with Cocaine Kudlow on occasion, see how that works when you don’t live in a good/bad simpleton’s binary world?
  
  Fuckin’ read, asshole. Fuckin’ the rest of the world isn’t stupid, like you. The Chinese learn our Econ theory from Harvard but yet they aren’t such ignorant fucktards that they don’t read Marx and beyond.
  
  Scare-pee pussy-man of cheap symbols. Ronald Reagan was the devil for all you know, weasel kisser.
  
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  - Bob Reed
    November 3rd, 2009 - 12:04
    
    If Obama would give me the opportunity, I might agree with him more; but he chooses to keep moving the country in the wrong direction.
    
    How is it that everyone else are binary world livin idiots, and only you, Obama, and his minions and allies are enlightened?
    
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    - Jimbo Rogers
      November 3rd, 2009 - 12:35
      
      One of the main problems with America is that you and your-type are allowed to vote.
      
      We should a douche-bag litmus test to disqualify persons of your anti-American ilk. We really should.
      
      Remember reading those articles about the rampant economic illiteracy in America… they were describing you!
      
      You are the problem, not the solution, d-baggie t-bagger.
      
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    - Bob Reed
      November 3rd, 2009 - 12:52
      
      Anti Obama maybe, but quintessentially pro-American. All your tiring insults aside, I’m not among the economic illiterate, and you know that. I’m not on any dole, but am paid based on what my service earned me; as your brother-in-law how that works.
      
      Maybe there should be test to qualify for voting, but I believe that the ACLU, ACORN, and the WFP would be howling about “Jim Crow!”, disenfranchisement, and a lot of other nonsense…
      
      Obamanomics is the disease, and his ideological opposites are the cure. We need less spending, less taxes, reducing capital gains has always lead to greater treasury revenues, to stimulate more real growth in this country; and not the phony GDP bump based entirely on spendulus monies…
      
      I see you’re not in any better spirits or demeanor than yesterday. Why so combative suddenly? Why can’t you treat people with the respect they treat you?
      
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Bob Reed
November 3rd, 2009 - 02:07

Whatever…

I bid you goodnight, and hope tomorrow sees you in a better mood than tonight.

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Jimbo Rogers
November 3rd, 2009 - 02:14

YOUR IGNORANCE IS TRULY THE FUCKIN’ CANCER OF AMERICA.

Two-bit unread Bozo-talker.

Radigan makes some good points but there’s mistakes in his argument, all you have to do is watch Geithner on MTP and you could figure that out, well, maybe not.

GE = EVOOOOL!

I can’t believe you’re such an idiot.

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agile_dog
November 3rd, 2009 - 10:15

I see tohr has gone off his meds again.

Attention. Clean up in Aisle 3. Juvenille tantrum and feces flinging spittle monkey. Containment suits and bio-hazard safeguards required.

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thor's medication
November 3rd, 2009 - 11:00

So what has changed? Are we going in the right direction with such wonderful Democratic leadership? Are financial institutions and instruments properly regulated to ensure risk cannot threaten the system again?

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Jimbo Rogers
November 3rd, 2009 - 13:11

Geithner went over the new regulations they’ve already put in place and the ones the Senate and House are crafting. You know the ones, the ones the retarded we-want-America-economically-destroyed rethuglidummies are fighting.

C-Span, it’s a cable channel. You can watch, listen and learn what the Fed and Treasury heads are testifying to in front our congressional committees if you really cared.

Easier to suck your thumb and listen to Wush Wimbaugh, eh.

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- Bob Reed
  November 3rd, 2009 - 13:18
  
  There are mixed reactions from credible people in business and academia that believe the proposed regulations will not be effective. It’s a legitimate discussion…
  
  Where were you when Booooosh was calling for regulation of Fan/Fred in order to reign in the housing bubble?
  
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Jimbo Rogers
November 3rd, 2009 - 13:34

Don’t baby talk with me about FNMA, you redundant illiterate.

No more of your dumb lies, OK.

Consider going back to PW and circle jerking your delusions with them. Personally I can’t keep repeating myself anymore.

You do know that the republidummies are part of the process of writing the regulatory legislation – oh wait, I forgot, with an idiot like all the world is black if the Dems smashed your asses in an election – only white rethuglidummies put a smile on the moon.

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Mike Brotherton
October 1st, 2010 - 11:34

Hey Jimbo, Who shit in your cornflakes dude? You sound like a puppet for the Obama administration progressives. Thats the thing about you progressive cool aid drinkers you cant argue ideals you just spout venom. You gotta start calling names and being hateful. That in and of itself tells most of us what the left is all about. So go ahead, eat your cornflakes ad drink your cool aid. Keep showing us your true colors. Keep talking and spewing venom. I think its kinda funny. I bet you still live with mommy too, huh? Thats probably why you dont get it. You have ever had to fend for yourself and have no clue what the truths of life really are. God love ya!

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Mike Brotherton
October 1st, 2010 - 11:41

Jimbo, you are such a wimp. Crybaby. I dont want to hurt your feelings but I think youve shown about enough of your ass to last a lifetime. I think your momm’s calling. Better go son, you might not get your bottle tonight. Waahhh! Waaahh. Poor little idiot. We feel sorry for you. It must be hard going through life like that.

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Mike Brotherton
October 1st, 2010 - 12:12

By the way, Jimbo, the Dem(agogues) are responsible for FNMA and FMAC debacle. Bleeding heart liberals who thought everyone should own a home, even those who coudnt afford it. I worked in lending for 30 years and I seen all the regulations come donw the pike requiring we consider anybody with a pulse for a loan. (Your ignorance is showing). Barney Frank was the top dog. Obama even had a small hand in the later disaster with FNMA. You sir, are the clueless one.

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Mike Brotherton
October 1st, 2010 - 12:37

And EVIL is spelled E-V-I-L. Not EVOL! Dumbass!

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