this is why we are in need of all americans to "Become the Militia" When we are losing everything we have and the politicians are becoming more wealthy. Look at what happened in loundon for instance, Taxes were raised and the people took to the street. Here we are all seeming to be cowards and let this P.O.S gov give our hard earned money away. Whats it gonna take to wake this country up? We shouldnt ask him to step down, but throw his ass in the street.
as of Nov 2010 600 billion more US dollars to buy bonds. still not working.
Do not hold your hat on 151k new jobs. we need min 150k new jobs every month to maintain new employment entry. high school and college grads, holiday seasonal workers.
Congressman Brady should not stop with simply asking Geithner to step down. He should demand that the entire Federal Reserve System be dismantled. The YouTube video WHY WE ARE IN SO MUCH DEBT provides the simplest and clearest explanation yet. It starts slow, but stick with it, and you will quickly learn more about this system than from a lifetime of TV viewing.
Geithner committed treason, and theft in office. Drag him, Bernanke, and Paulson out kicking and screaming, and hang the pricks from the lamp posts in D.C..
He needs to go to PRISON! $27 trillion has been pledged to the banks through the (HEIST) aka- bailout. $9 trillion would have paid for EVERY SINGLE MORTGAGE AND CREDIT CARD IN THIS COUNTRY! But their up to to $27 trillion and growing! And still not loaning money to jump start the economy. Our Treasury is being LOOTED like Katrina came through! PUT THESE SLOBS IN PRISON NOW!!
@jmnjne Federal Reserve Banks are moneylaundering the fraudulent estate of Honey R. Siegal deceased. Timothy Geithner is as much a pathological liar and theif as Barack Hussein Obama. In 1999 in the State of Arizona it was stated by SAC and Franks attorneys that the United States was not the United States nor Canada nor Mexico. Who am I? Just a mother who has the truth about the economy. Patriot Act gives Baby Geithner broad discretion to moneylaunder MY money with the real alleged mastermind of
@jmnjne cont. of 911. The People are being lied and manipulated because of extreme unprecedented corruption. Janet Napolitano dept of Homeland Security Secretary with Gold Creek Inc. of which the alleged mastermind stated he was the owner. Why was Rupert Murdoch allowed to buy the Dow Jones in 2007? What has no one been in indicted for masterminding 911? Why do we have an illegal alien in the WhiteHouse?We The People Against Corruption in the Campaign to remove/resign/indict Obama et al day 153
Oh You Ignorrant rebublicans and democrates who have absolutly know knowledge and do know research on the federal reserve "private bank owned by the jews, brititian and germany" can just fight each other as you are sheep being let to the cliff by the puppet masters jews who control the presidents of this country, fact obama just said that he took a country in deep dept than said to save it he increased the debt ha ha stay ingornat and watch your country go,Jesse Ventura savior of rebublic 2012
Republicans have to do better than just taking shots at Obama. Geithner is right about the pathetic lack of versight and mismanagement of the economy under W Bush. Fixing that damage is a monumental task. However, the Obama adminisitration has done pretty poorly as well.
Good defense by Tim Geithner. The Republican came across as a jerk. BUT Tim Geithner should never been appointed Secretary of the Treasury in the first place, because he evaded paying his taxes.
I didn't see this idiot jumping up and down the last 8 years screaming for more regulations. Of course not, that would have resulted in less profits for his buddies at Goldman. Crook.
Or how about realizing that HJR-192 (48 Stat.1) is still in full effect, and also realizing upon reading HJR-192 that this whole thing is a joke, ruse, scandal, and game. Are we having fun yet. Don't bother with ignorant responses to this. Unless you actually have real knowledge about what I'm saying, you would look like an idiot to speak against this.
Sorry man, my comment mistakenly came off as if I was strictly directing it towards you. I just used your comment, because you mentioned HR1207, that's all. The fact that that comment was made a year ago is irrelevant though. Are you implying that all laws passed prior to this particular year don't matter anymore and should be ignored? I truly hope not, as we should both know that isn't the case. Sorry if I came off as being cruel and down talking. That wasn't my intent, aplogies.
Some people are so stupid. WAKE UP! Everyone else has. Geithner is a lying snake. He is pawing cash to his Goldman buddies as fast as he can, you idiots are being looted.
Oh,By the way Congress . Thanks for voting for giving ALL the taxes payers money away.Did you forget to add a hefty interest rate like the banks due to us?
Congressman Brady, Do you seriously think he cares about American citizens? Or the people in charge of the Federal Reserve? (his REAL boss) A PRIVATE BANK THAT DOES NOT PAY ANY FORM OF TAXES!!!!Just exist ti make and control ALL money
I find that too funny. If we didn't give them the money, those banks would have failed, so they should have, and we would have had to revert to a different system... But the banks don't want that. They don't want governments printing/controlling money, they want to keep that private.
From the south... yeah right. I bet you would live were I am at now.
Anyways, can't have cake and eat it too. When banks MAKE THE RULES, they can do whatever they want I guess. Sad and you like that?
Well, get one thing "straight" we didn't "give them any money", they were loans with 7% interest, taxpayers have already made $8 Billion in profit from the bailouts don't forget.
So you were suggesting we go back to barter? 1 sheep for a tank of gas? Is that what you would have proposed?
Where are you from? your comments suggest to be from Mississippi.
Banks for 1000's of years have made rules, it's the only way a society can grow... so what is your point?
Please explain your comment or i ask you to withdraw it. I am sick or uneducated morons with no experiance or background in economics whatsoever making gratuitous claims on the nature of what is blatenly obvious failed economic policy. Im sorry ..... actually what i meant to say is that you are a fucking moron.
"The Federal Reserve banks are one of the most corrupt institutions the world has ever seen.
There is not a man within the sound of my voice who does not know that this nation is run by the
International bankers — Congressman Louis T. McFadden (Rep. Pa) "By this means government may secretly and unobserved, confiscate the wealth of the people,
and not one man in a million will detect the theft." — John Maynard Keynes
"If you look at any measure of confidence in the financial system it is substantially stronger today than when the president of the United States took office."
US Dollar Index:
Jan '09: 86.38
Dec '09: 74.62
Gold Price:
Jan '09: $850
Dec '09: $1218
Subsidizing home and auto purchases may fool the GDP, but it does not fool the world into having confidence in our financial system.
As for Brady, ditch the partisanship. No one's hands are clean in this mess.
Geitner was president of Federal reserve, and democrats were in charge of Congress for the last part of pres bush's admin, and they are onewho wrecked our economy and they continue to destroy our nation with their govt. take over liberal BS!!!
No, he was chairman of the New York Reserve, not the Federal Reseve. Yes, but in two years, the Dems wouldn't of had any effect, especially with a Repub President. Bush screwed up the USA and the World, learn to deal it it.
There are no plans for our Gov to takeover anything, so please check facts before you post.
Obama isn't going to quadruple any budget, he is working hard to cut out Gov, and has already shaved $2 trillion. It was Bush that ballooned the debt to the tune of $5.1 trillion. Obama is far more frugal with our money so relax
it was Bush that caused all the massive spending, that's an indisputable fact. Obama is putting us back in line without raising taxes, so please learn to keep up with the rest of us.
really? Wow! I didn't know that. Where did you hear that?
Look, this was a government mess. Bush did not have a filibuster proof senate. He needed Democratic votes in order to get bills to his desk. If we are to look at the bigger picture, then we should look at our monetary system. We should have a closer look at what the Federal Reserve is doing. So, Tnoy34r, why don't you get of the 2 party political kool-aid. Obama is a typical 'business as usual' politician.
No, unemployment has no "predictive properties", thus it's not a good measurement for understanding how well a economy is doing. In the US, 90% of people are employed, so adding 3% 4% more wouldn't have much effect on the economy.
And the US is the world's largest and most dynamic economy, Russia is 2nd world status compared to ours, so we're doing fine despite the damage Bushed caused.
No, you are incorrect. Geithner is a well respected man and has been good for America. Barack has done wonders, his accomplishments so far are way above what Bush ever did. For a complete list, google:
Obama Meter
Barack is poised to become one of our best Presidents ever, so relax.
unemployment figures DON' T take into account the number of unemployed who have given up looking. Unemployment figures are for the ones who are actively looking for work, for gainful employment.
unemployment for my area is going UP. The Unemployment office is PACKED!
if a person isn't looking for work, how could we count them as unemployed? that wouldn't make sense.
everyone that wants to work can get a job, there are plenty of them out there, my state just dropped to 6.8%, so things are returning to normal. sure, some states will be a little slower, but the fact remains the stimulus worked, and that's the important thing.
dance2noise002 why do come onto youtube and make posts on a subject that is hurting millions of people at which you seem to have little understanding?
Exacty where do you get your information that allowed you to achieve the level of "very few know about economics"? Name a source where you got your information that allowed you to "know about economics"? Name an author? Name a teacher who taught you economics that brought you to such a level of understanding that you could start using words like "FOOL" and "NUMBSKULL!". Please answer the questions in this comment.
The older generation is the one with the BEST education. These young punks coming out of the nation's schools at any level can not reason, cannot make intelligent choices.
They judge the outside of a person.
Susan Boyle got awful looks and laughs when she stepped out on the stage. Yikes!
When she opened her mouth and began to sing, people in the audience realized their mistake!
"Demon crats" do not CARE about the people!
Democrat controlled cities haves the highest poverty rates!
Just reading all of the comments below only reaffirms my feeling that I really can't wait until this country finally does the sensible thing and splits itself up.
Oh, we're quite United, it's just the Southern States that haven't quite grown enough to be considered part of the United States, they'll get there, don't worry, but they have to overcome 100's of years of poverty and religious misunderstanding. (there are people in the South that still believe in the Bible!) Yikes!
But to hear Brady... clearly make a fool of himself, shows the older generations didn't have access to an economic education. So we need to be calm, give them more time.
The New Republican Party is chock FULL of the world's STUPIDEST people! Good God! Why can't you people realize that the Republican Party doesn't give a rat's ass about you OR your families? They HATE Medicare for the elderly! Let them die quickly so we don't have to pay for it! Everybody on your own! Pick yourself up by the bootstraps, even if you have NO BOOTSTRAPS!
Geitner FRIED this Republican FOOL! Why is Texas so full of these loonies?
This comment has received too many negative votesshow
Well, actually, we don't have Republicans or Democrats. What we have are Republicrats. None of them actually cares about you, except Ron Paul & Dennis Kucinich. Oh, and Medicare should be abolished. Look, you are forced to pay into it against your will. If I don't want to use something, then I shouldn't be forced to pay into it. Why is that so bad? Soldierette, get off the 2 party political kool-aid. Oh, & Obama signed a bill that gave AIG $34 million of tax dollars to pay for their bonuses.
But there is a 100% chance you WILL use it... you'll have no choice, you will be dead in 80 years, so you need to pay into the system for when you first get sick or get hit by a bus.
As a Country we are TIRED of freeloaders like you, making it more expensive for everyone else. So the free ride is almost over.
We get all the bailout money back with interest dummy... we've already made $8 Billion in profits from the bailouts don't forget.
We can't have more than 2 strong parties because of the way our constitution is written. We'd have to switch to a "Parliamentary System" to have more than 2.
So go ahead and rewrite our Constitution, and try and get it passed... Good luck with that!
Tony34rt - you are an idiot. Nothing, I mean NOTHING justifies giving GS 100c on the dollars they lost with AIG. The least they could do is get the same deal warren buffet got.
This crap you are saying about getting the TARP money back is ignorance and stupidity. You don't know what you are talking about.
Told you! Next time check facts before you question someone. Remember in this video Brady got SLAMMED by Geithner since he didn't have facts, just distorted LIES. You need to realize there are much more informed people on YouTube than yourself.
Never argue with Republicans. They do not like facts. Facts set them off and you'll have to argue with them every time, regardless of any facts you present. They are in denial, just like Congressman Brady.
Notice that all of the nastiest Congressmen with lies to tell come from either the South or Texas.
How true! It's like they were last in line when god gave out brains. And yes, they all seem to be from the South, is education that poor down there that they can't even understand facts?
I think a lot of it is "unconsciously" they are still trying to fight the Civil War, so anything against the "Union" is promoted within their regional culture.
How sad that they want to pull us down to their level.
Wrong The bush's and clinton's are two peas in a pod. It started with the papa moron bush, And that new world order thing.Then put into full motion with clinton's, Between NAFTA with the clinton's, And the deregulation of the economy with the bush's. At this point and time that should just about wrap it up for a bush or clinton ever holding a high position in the government
All got a piece of the pie. Deregulation started on the Clinton watch. NAFTA also started in the 90's. The Consertivies had the opertunity to resend and repeal some of these bills. The Democrats had no business forciing companies to loan money to people who couldn't pay.They all are guilty. BUT throwing money into moreGovernment and states for temperory jobs is not the answer and placing tax on small business for the sake of Gov. takeover of your healt (cradle to grave) is no way to grow jobs
How many times can washington put the word borrowed on money to realize that they completely failed a country and a nation.They roam around in washington trying to be some half ass world leader.They can't even fix the problems in their own country.Maybe these other countries could do america a favor.KEEP THEM. They could screw up a cup of water.
Every time this country has a problem. Wether it be the deregulation of the economy ,Wall street or anything else that has completly failed a government and a country, timothy geithner was right there. And anybody that can't see that, Should be declared legally blind
What? Geithner did no such thing. We get all the TARP money back don't forget, a lot has been returned already since Banks don't want to pay the high interest we are charging them. We've already made $8.2 Billion in profit from TARP, so we'll make money, like we always do.
Banks get free money from the feds multiply it through the miracle of the fractional reserve system. They return back a portion of that multiplied money. Meanwhile interest rate is kept at 0% so they borrow it for free and charge an interest on it.
The value of the currency meanwhile goes downhill there by screwing anyone who has been responsible and saved their money. Interest earned 0%.
Conclusion : people who have been responsible with their money are paying for TARP.
sure, but banks have done that for centuries, it's what makes the world go round. Our $ remains strong although yes, we are currently using a lower dollar policy to create jobs.
no, TARP won't cost any taxpayer money, we've already made $8.2 Billion in profit from the banks via TARP, so it's a win win for our country and taxpayers.
A a bush bootlicker. Bush took a surplus and turned it into a deficit then passed health care laws with no way of paying for it started no child left behind ,2 wars and couldn't pay for it then on his way out of office he told his buddy obama O by the way there's about 2 trillion dollars that also needs to go on the maxed out country credit card that he maxed out.We could hear it now HE HE HE There must be something wrong with the black stripy thing on the back HE HE HE The worst president ever
GAMEREMAX2 Your the reason for birth control,Your living proof you can get pregnant thru anal sex.The doctor didn't smack you on the ass he smacked your mother ,Then told your father, Well we did all we could .But it pulled thru anyway.Best part of you ran down mommies leg. You reject!
Yeah ok pal ,Short term speculation on wall street and long term investments for the americans will solve the countries problem People that have been watching wall street for decades can't even figure out what the hell is going on up there.But the smart people no that this melt down coming is going to make the last one look like childs play And hopefully just like last year when all the phones and the computers go down at the same time YOUR one of the people that have penny on the dollar left
TNOY your the reason for birth control Now your just making stuff up as you go, The poll stated that 84 percent of the american people still think where in a recession and 16 percent said where not Your just another moron that comes on blogs and every time you blog.We smell bullshit!
dude ... have you seen the price of milk, eggs, produce... it has all gone up in the past few years by quite a bit. thats just the tip... this is in part due to the runaway printing of currency... sure the price on some goods have gone down a little in the past year or so.. but how much of that is artificial? theres no disputing the fact that our dollar is only worth a small fraction of what it was before we gave the federal reserve control of our money supply.
Tnoy ,Where did they grow you. Your president stated that higher learning is a must.Thats who told a nation to go to college you idiot. But if you ask the unemployment office they tell our kids Don't waste your time there are people with anywhere from a week to 60 years experience looking for these jobs Are you a unemployed staffer from the bush administration or a elected incumbent that got fired?
Your the reason this world needs birth control. All of your comments are fucking retarded. USA went to war for nothing in Iraq and Afghanistan its all Americas fault
Yes, if you aren't invested or got stuck holding "gold" you aren't going to make much money. But the fact is, the recession has ended, there is no disputing that and the markets are BOOMING... i've made over $90k in just the last few weeks.
YES... the poor and uneducated won't see a result for a few more years, but that does NOT make them CORRECT.
If you are smart, aren't lazy, this is a grand time to be alive.
Quit playing into the darkness of Bush, Obama has created huge prosperity, cheers.
Obama is a tool, just like just about everyone else in Washington.. did you go to the US debt clock website like i suggested? you cant fix that by throwing more money at it. our whole system has been built on a house of cards that will eventually collapse.
I would respect the republicans and democratics if they would just come out and tell the american people that they ran the country into the ground and they have no way of fixing it, But people that come on blogs and defend their inept incompetence is just down right wrong at every level
yeah, but that's not what happened. basically Bush was a poor manager, we all agree with that. Obama is top notch management talent, so we all agree he has done wonders in such a short time.
yes, it takes time to fix the Bush mess, but if it isn't repaired in 4 years, you get a choice to make a change.
so far, Obama has fixed most all of our problems, so relax and enjoy the next 7 years of prosperity.
err... no ... ill pass on supporting Obamas plan to grow and expand the gov. ... sure im all for police, fire depts etc. being publicly funded locally .. Locally is the key word here... the Federal Gov. needs to stop taking so much of the states money and needs to cut spending probably by at least 50% including military spending ... we do not need to have bases in 100+ countries. we need to stop this empire building, maybe dry dock half our naval fleet. that would help save some $
No, the cash for clunkers was just a "visible" sign to the poorly educated. A more SERIOUS result was the FACT your ATM card still works, your checks don't bounce, you can buy products at a store without empty shelves.
We realize you are poorly educated, but to think "cash for clunkers" was any great "stimulus" you are sadly uninformed.
Today, the economy has recovered in most States... yes, you'll still see some areas slow to recover, but the disaster of Bush is mostly solved.
Our town of 30,000 may not be broke but is close to it... and we just voted for a brand new 9mil police station.... did we need a new station, probably .. but we didn't need a 9 million dollar one... people are stupid sometimes.....
As most states are relying on stimulus dollars to pay for fire dept, state workers, police dept, and municipalitie bldg checks, The transformation has already accrued to socialism, Capitalism caused socialism.Man what do you say to something like this. Guess just change your religion with no choice But let's see what con come next year to pay for their checks!
fire dept, state workers, police dept, our defense, have always been socialism, so that's nothing new. do you really want to take down all the stoplights, let fires burn, relax our borders, stop helping our society?
of course not, so join the fight to make America stronger... just as Obama requested... the link is here:
whitehouse . gov
Obama has been our most open President in the entire history of our Republic, so get INVOLVED, quit bitching about Bush's past mistakes.
Ok mister know it all, At the end of every school year.Millions of kids don't have the money to go to college and must enter the work force.Maybe you should try to get a answer from the labor statistic office .Because they don't have a answer for me And lets not forget all the visas imported each year.the country must produce 125.000 jobs a month.Just to keep up with the visas and the kids dropping out of school.And when your unemployment runs out your not counted anymore
Yes, but College isn't the golden ticket it once was, that money is better spent by working hard and creating new products or businesses... you've been brainwashed into thinking "college" is the way to go, how sad.
We are a nation of immigrants, it's what makes us STRONG, so why fight the very reason you are here?
People that are still unemployed after 16 months are LAZY, so why support them?
Get a grip, then let us know how it all worked out.
Yeah really... it really takes an economist to tell that the price of goods have gone up.... like i said earlier there are a lot of problems in our economy that cant be fixed by throwing green paper at it. that is one of the problems right there.... for starters....
Actually, average prices have gone DOWN over the last 8 months. There is currently NO inflation in the USA, so you need to learn to do basic research.
Here is a Inflation Matrix... so your $ is worth MORE with each passing month. Obama is a very frugal and a smart manger don't forget, so this shows more of his success.
Tnoy.. Don't be a dumbass.. like calling people racist really makes you look smart.. I love how if i disagree with Obama im a racist... reminds me of the Bush years... we were unamerican if we disagreed with those crooks...
-- We must vote out all the Incumbents in office... and hopefully get enough honest people in Washington to really make a difference.
Let me guess ,Your one of those morons that thought that importing cheap foreign labor and exporting middle class jobs were going to be good for the world. IT WILL BE GREAT FOR AMERICA Maybe you better stay in your washington bubble state of mind
Ha ha exactly... so why don't we hear the Dems crying about the patriot act anymore... that was one of the things i agreed with them about .... now its a non issue.. since apparently if Obamas fine with it now ... it must be ok... and lets not investigate.. the bush admin now that Obamas incharge... that would mean he might have to give up some of his power... guess its the old "you scratch my back, ill scratch yours" just in case the GOP take office in 2012....
What planet are you from? Just because you can quote an econ 101 glossary that we technically aren't in a recession or depression does not mean, or predict things will be great. The stimulus fudged the numbers to look better than the real health of the economy. If the dollar rises you will see a dismantling of equity markets and the dow will fall very low. Most people would laugh at you. And since its a LAGGING indicator, I can't wait to see it go down next month And the next, since were booming
sure Bush expanded the gov. debt. but it still was around what 5-6 trillion or so when he took office.. it should never have been allowed to break 1 trillion. we must pay off the national debt. but that will mean we must cut gov. spending by a lot. and it looks like it will take a 3rd. party to finally fix the problems, because neither the Dems, or repubs, seem willing ... they just keep wanting to spend and spend... until it all crashes down on all our heads.
Tell me about it the new economist have been telling us for a year .If we have 4 straight GDP negatives in a row it's not a recession but a depression.But i guess all the media got the memo Because the 4 - GDP came and went.Just admit it you voted for change ,But you got BUSH IN BLACK
Brother, You need to open your eyes. Bush over the last 8 years put people in positions that had no business being there, But why try to clean them out obama keeps putting them back in.His approval rating is at 47% and dropping fast. Don't you find it funny that congress had a 9% approval and the senate had a 12% Approval rating. And the only people that got the nominations were in this bunch!
independent684 -- and to Tnoy34rt, you think we are out of recession? fixed the banking issue? yeah right... our economic problems run a lot deeper then most people realize... you do know that its not just the governments fault don't you? ... ALL of us are to blame for our current situation the whole country from gov, to business to private citizens are all in debt... not everyone of course but a great many..... and the gov. debt has been getting bigger with with both parties
What country is credit swiss from? And why did they come to the united states and to the fed ,With a snot bubble in their noses from crying And the fed gave them 50.000.000.000 dollars?
Well if they audit them back to the 1912 and if i had to jump to conclusions Our hard earned tax dollars made people billionaires behind some curtain. Wouldn't it be one hell of a sucker punch to the united states if the monsters at the bilderburg group were created with our no payback currency to them
If you vote your incumbent back in office with a real 17% unemployment rate.Your state and constituency deserve to go down the tube There is a cancer that grew in washington over the decades. And only we the people can remove it .We always had term limits capability But some just don't get it ,And now would never be a better time to prove it
Yes, it's so wonderful "We as a people" rose up and got rid of Bush, now we have intelligent leadership that is quickly solving the problems caused by the last 8 years of "mismanagement"
Obama is doing great so far, he ended the recession, fixed the banking issue, got the markets booming again and has slowed unemployment to a trickle. The stimulus worked, so good days are ahead.
Yes, idiots like Brandy shouldn't be allowed to run again, it's time for term limits to get rid of these numbskulls!
The funny thing is both Kevin Brady and Timothy Geithner are right. President Obama inherited a mess, and Geithner and Lawrence Summers are screw-ups and shills for Wall Street.
Republicans AND Democrats voted for the Iraq War Resolution in October 2002 and for the recent Bailout. Bush created the mess and Obama and his cronies are now cashing-in on it, middle-class be damned. I can't understand why the partisan sheeple that voted for Bush and Obama, would continue to buy into the idea that establishment politicians have the best interests of their constituents in mind - how naive. What have any of them done to substantially improve YOUR financial situation? SUCKERS!
But Obama never vote for the wars, plus Obama isn't cashing in on it, he's not in it for money, just the love of country... which is quite refreshing.
lol.. he is continuing the wars which is the same thing and remember he committed unconstitutional attacks against Pakistan during the beginning of his presidency. Don't act like he is any different than GWB.
No, Iraq has basically ended, we withdrew many months ago. And while Afganistan is finally being focused, it's clear it's about building up that Country and no longer about combat.
You just don't understand the situation that's all. Obama is the polar opposite of Bush. Obama uses intelligence to solve problems, not killing.
And no, Obama never has attacked Pakistan, don't be crazy.
"Just the love of country". LOL. You are a lilliputian. You are right when you say "Obama never voted for the war". He was not a US Senator at the time that the Iraq War Resolution was voted upon and therefore could not have voted for or against the Iraq War. But Obama's Administration is populated by Clinton loyalists who DID vote for the Iraq War Resolution - the same Clinton loyalists that in the late 90's built the ORIGINAL case against Sadaam's non-existent WMD's. Try Again SUCKER.
Good Job Giethner... I'm sick of these elected policy makers in congress pointing fingers at everyone else!! ThEY make the laws!!! Politicians are just corporate whores that bend-over to lobbyist. They are responsible for this mess do to the lack of regulatory laws and oversight!!
actually the federal reserve had the biggest role in the bubble and burst. Geithner was at the head of the NY FED so you should probably do some research before you post instead of posting a ridiculous statement praising Tim.
And how did the federal reserve come into existence? Through an ACT of congress genius. And who sets the rules and regulations under which the federal reserve operates? Congress!!! LOL You do your research.
Yes, it's always fun to laugh at the "End the Fed" crowd, they don't realize Congress controls the Fed, so they aren't some "private entity" like they want you to believe.
They just don't want a successful America, how sad.
Wow everything out of Geitners mouth was a lie. Amazing. (Of course the Republican talking likely has no idea what he is talking about either and he probably contributed to some of this problem himself).
You recognize there is an inequality in the financial sector.
However the reason companies like Goldman Sachs had such big bonuses was because the Fed Reserve and the US Gov used inflation & debt to bailout millionairs while the value of the money in the pockets of the lower and middle class was moved to the cronies of the FED and US Fed Gov. The only way to solve this is to abolish the Fed Reserve and have the US gov follow the constitution.
That's what happens when you put all the monetary control in the hands of the Fed when you have nothing else to back it up - anyone remember the Gold Standard? Why is it that liberals can't see this? (SIGH!)
Great explanation of monetary control and the Fed, but we shouldn't necessarily go with strictly a Gold Standard, it should be more of a Commodity based Standard. The Gold Standard did have some problems but a Commodity Standard would "fix" these issues.
The head of the treasury failed to pay his taxes for four years. If it was you, you would be in jail. This guy Geithner gets the job of secretary treasury. He is a joke.
Tiny Tim and BHO are in way, way over their head. Thank God it will only be ONE TERM. 1 year of disaster down, 3 ta Go. Buh Bye you skunk tax cheat rich A-hole - go cry in your pile of tax payer loot. Spawn of Satan!
No, Obama will easily win a 2nd term, he's done extremely well so far... and will likely become one of our most successful Presidents in the history of our Republic.
You just don't want America to be successful, how sad.
macindrew...your lost .....and way over your head with your observations of the dollar value or inflation.....get out obama's ass and study up before post again....
Kevin Brady has a short memory. A year ago the economy was in free fall, sheding jobs at the increasing rate and without stability. Today we have stability needed for growth and job creation. Brady also forgets the crisis, the huge deficit, the WS meltdown happend during Bush and the GOP watch. Trying to pin down on Gainer something he and his party own is dishonest. Job losses are slowing down and job creations will accelarate only with stability. With stability jobs will come.
That is BS. The financial melt was mainly because of Fannie and Freddie which were government financial institution loaning money to people who could not pay. They did this over and over to give people who could not pay, home ownership. When they foreclosed on all those home the Banks went bankrupt.
their job is to "protect against inflation" thats why the dollar has lost like 99% of its value since the fed was created.
And he says American's lost money on their savings. Investments and savings are two different things.
American investments in stocks were crushed but Americans who had savings in banks collecting interest did great till march then it plummeted. So they first crushed stocks now they are making real savings become worthless
youre the one being ignorant if you think they are trying to fight inflation. look at the money supply charts look at gold, look at the dollar index. Get a clue before u speak
Geithner should step down.... But, Obama would appoint another nut in his place. So, what's the use? Geithner is a tax cheat? So, what does that get you in the Obama adminsitation? You got it, Treasury Secretary! This would be funny if it wasn't sad. Congressman Brady is spot on in his list of issues that Geithner and Obama has failed on. I'd suggest Obama should resign as well. He made things way worse than it would be otherwise. Yes blame Bush for Obama's entire presidency! hahaha
Wow. He takes 0 responsibility, and pretends all indications are of a healing economy. Geithner is completely off-base, or a complete liar.
If he's a man of responsibility and he's actually helping, not hindering the situation, he would, at least, recognize the problems stated by the congressman.
...Gimme a break Tim, it's all Bush's fault? Obama's made it better? Come on, it's been getting worse for years, and you've been a key decisionmaker during our recent economic failures.
For the first time in history, politicians, the Fed bansters and their CEOs on Wall Street too large too let fail are typing their own names into sites like this and understanding they cannot commit their crimes in secret anymore. Politicians are turning on bankster bosses because these are not merely youtubers, or face bookers, these are votes. If everyone went out and voted the incumbent out at each local, state and federal election we might finally pull Constitution out of the gutter.
Sites like Youtube have become this governments and Wall Streets biggest nightmare. Since the lame brains on cable don't have memories and therefore jump up and down every time the stock market goes up they should put all their money in the body guard industry. I'll bet in the coming months these banksters and their whores in government will make the body guard industry into an industry second only to the military industrial complex.
Geithner, Paulson, Kashkari all worked for Goldman Sachs and they STOLE our money in the biggest theft the world has ever seen! There should be a revolution if people really knew that their hard earned money and that of their future children was ciphoned by Goldman Sachs and Co with Geithner, Paulson in charge. Now they're even putting a former Goldmanite in charge of SEC as COO a 29 yr old guy named Adam Storch. Crazy! Spread the word everyone
this is why we are in need of all americans to "Become the Militia" When we are losing everything we have and the politicians are becoming more wealthy. Look at what happened in loundon for instance, Taxes were raised and the people took to the street. Here we are all seeming to be cowards and let this P.O.S gov give our hard earned money away. Whats it gonna take to wake this country up? We shouldnt ask him to step down, but throw his ass in the street.
66132145 1 year ago
get smart all you """american""""folks make this video viral this is im
chad00023 1 year ago
as of Nov 2010 600 billion more US dollars to buy bonds. still not working.
Do not hold your hat on 151k new jobs. we need min 150k new jobs every month to maintain new employment entry. high school and college grads, holiday seasonal workers.
MrCheckitout123 1 year ago
Congressman Brady should not stop with simply asking Geithner to step down. He should demand that the entire Federal Reserve System be dismantled. The YouTube video WHY WE ARE IN SO MUCH DEBT provides the simplest and clearest explanation yet. It starts slow, but stick with it, and you will quickly learn more about this system than from a lifetime of TV viewing.
SilentNoMorePubs 1 year ago
Geithner committed treason, and theft in office. Drag him, Bernanke, and Paulson out kicking and screaming, and hang the pricks from the lamp posts in D.C..
TheDigitalWeb 1 year ago
He needs to go to PRISON! $27 trillion has been pledged to the banks through the (HEIST) aka- bailout. $9 trillion would have paid for EVERY SINGLE MORTGAGE AND CREDIT CARD IN THIS COUNTRY! But their up to to $27 trillion and growing! And still not loaning money to jump start the economy. Our Treasury is being LOOTED like Katrina came through! PUT THESE SLOBS IN PRISON NOW!!
jmnjne 2 years ago 6
@jmnjne Federal Reserve Banks are moneylaundering the fraudulent estate of Honey R. Siegal deceased. Timothy Geithner is as much a pathological liar and theif as Barack Hussein Obama. In 1999 in the State of Arizona it was stated by SAC and Franks attorneys that the United States was not the United States nor Canada nor Mexico. Who am I? Just a mother who has the truth about the economy. Patriot Act gives Baby Geithner broad discretion to moneylaunder MY money with the real alleged mastermind of
HoneySiegalSurvivor 1 year ago
@jmnjne cont. of 911. The People are being lied and manipulated because of extreme unprecedented corruption. Janet Napolitano dept of Homeland Security Secretary with Gold Creek Inc. of which the alleged mastermind stated he was the owner. Why was Rupert Murdoch allowed to buy the Dow Jones in 2007? What has no one been in indicted for masterminding 911? Why do we have an illegal alien in the WhiteHouse?We The People Against Corruption in the Campaign to remove/resign/indict Obama et al day 153
HoneySiegalSurvivor 1 year ago
When this country is given back to yhe people, Geithner will be one of many, who should swing in breeze at the gallows.
iburythedead 2 years ago
Oh You Ignorrant rebublicans and democrates who have absolutly know knowledge and do know research on the federal reserve "private bank owned by the jews, brititian and germany" can just fight each other as you are sheep being let to the cliff by the puppet masters jews who control the presidents of this country, fact obama just said that he took a country in deep dept than said to save it he increased the debt ha ha stay ingornat and watch your country go,Jesse Ventura savior of rebublic 2012
usanewadventures 2 years ago
@usanewadventures your opinions are full of fail.
boorens18 1 year ago
Republicans have to do better than just taking shots at Obama. Geithner is right about the pathetic lack of versight and mismanagement of the economy under W Bush. Fixing that damage is a monumental task. However, the Obama adminisitration has done pretty poorly as well.
okcgymrat 2 years ago
Good defense by Tim Geithner. The Republican came across as a jerk. BUT Tim Geithner should never been appointed Secretary of the Treasury in the first place, because he evaded paying his taxes.
okcgymrat 2 years ago
I'd look to see that crook Geithner locked up behind bars for life
Seano71 2 years ago
I didn't see this idiot jumping up and down the last 8 years screaming for more regulations. Of course not, that would have resulted in less profits for his buddies at Goldman. Crook.
Listman11 2 years ago
ill go grab the rope
canadianfortruth 2 years ago
Geithner is an arrogant, s-o-b! He should have been forced to resign from the NY Fed job a long time ago.
MyFreedomChannel 2 years ago
HR1207!!!!! ThaT is what we NEED!
Oceanno69 2 years ago 2
@Oceanno69
Or how about realizing that HJR-192 (48 Stat.1) is still in full effect, and also realizing upon reading HJR-192 that this whole thing is a joke, ruse, scandal, and game. Are we having fun yet. Don't bother with ignorant responses to this. Unless you actually have real knowledge about what I'm saying, you would look like an idiot to speak against this.
budator1 6 months ago
@budator1 Really A commit A YEAR AGO! There is More important things now. Don't Bother Answering BACK!
Oceanno69 6 months ago
@Oceanno69
Sorry man, my comment mistakenly came off as if I was strictly directing it towards you. I just used your comment, because you mentioned HR1207, that's all. The fact that that comment was made a year ago is irrelevant though. Are you implying that all laws passed prior to this particular year don't matter anymore and should be ignored? I truly hope not, as we should both know that isn't the case. Sorry if I came off as being cruel and down talking. That wasn't my intent, aplogies.
budator1 6 months ago
Some people are so stupid. WAKE UP! Everyone else has. Geithner is a lying snake. He is pawing cash to his Goldman buddies as fast as he can, you idiots are being looted.
ImmiAnt 2 years ago
Oh,By the way Congress . Thanks for voting for giving ALL the taxes payers money away.Did you forget to add a hefty interest rate like the banks due to us?
macpmc 2 years ago
Congressman Brady, Do you seriously think he cares about American citizens? Or the people in charge of the Federal Reserve? (his REAL boss) A PRIVATE BANK THAT DOES NOT PAY ANY FORM OF TAXES!!!!Just exist ti make and control ALL money
macpmc 2 years ago
Timothy Geithner looks pretty cute i would say
rafacharmed2 2 years ago
I agree with most everything Mr. Bernanke and Tim G. have done.
ejjm1 2 years ago 2
your money to banks? I thought we were in a capitalistic model, How can you have it both ways. Heads I win, tales I win.
You and anybody that agrees with Bernanke or Geithner or the banks are a joke.
"Please US Gov, we need the money for capital, we are too big to fail!"
what a joke
workingclasssociety 2 years ago
well, keep in mind, we can't have the banks fail, that would have been a disaster... so Obama, Bernanke and Geithner.
to have your checks, debit, credit cards all stop working... sorry, that wasn't an option.
so please get an education before you post here, your comment was clearly incorrect.
are you from the South or a Red State or something?
Tnoy34rt 2 years ago
I find that too funny. If we didn't give them the money, those banks would have failed, so they should have, and we would have had to revert to a different system... But the banks don't want that. They don't want governments printing/controlling money, they want to keep that private.
From the south... yeah right. I bet you would live were I am at now.
Anyways, can't have cake and eat it too. When banks MAKE THE RULES, they can do whatever they want I guess. Sad and you like that?
workingclasssociety 2 years ago
Well, get one thing "straight" we didn't "give them any money", they were loans with 7% interest, taxpayers have already made $8 Billion in profit from the bailouts don't forget.
So you were suggesting we go back to barter? 1 sheep for a tank of gas? Is that what you would have proposed?
Where are you from? your comments suggest to be from Mississippi.
Banks for 1000's of years have made rules, it's the only way a society can grow... so what is your point?
Tnoy34rt 2 years ago
@ejjm1
Please explain your comment or i ask you to withdraw it. I am sick or uneducated morons with no experiance or background in economics whatsoever making gratuitous claims on the nature of what is blatenly obvious failed economic policy. Im sorry ..... actually what i meant to say is that you are a fucking moron.
Blazen1212 2 years ago
"The Federal Reserve banks are one of the most corrupt institutions the world has ever seen.
There is not a man within the sound of my voice who does not know that this nation is run by the
International bankers — Congressman Louis T. McFadden (Rep. Pa) "By this means government may secretly and unobserved, confiscate the wealth of the people,
and not one man in a million will detect the theft." — John Maynard Keynes
You are either a banker or stupid.
martinez85 2 years ago
@ejjm1
plus ten rating!?!?!
ARRGGHHH...
VolcanicPenguin 2 years ago
"If you look at any measure of confidence in the financial system it is substantially stronger today than when the president of the United States took office."
US Dollar Index:
Jan '09: 86.38
Dec '09: 74.62
Gold Price:
Jan '09: $850
Dec '09: $1218
Subsidizing home and auto purchases may fool the GDP, but it does not fool the world into having confidence in our financial system.
As for Brady, ditch the partisanship. No one's hands are clean in this mess.
jjreilly2 2 years ago
Geithner lies Impeach his commander and Geither
They will not stop their own agendas until they get impeached - everyone has excuses - its only an excue
Impeach the trader
Wake up America HR1207
lana071762 2 years ago
Screw the American People we need another inside 911
job -or lets declare a war with someone don't look at us
lana071762 2 years ago
Geitner was president of Federal reserve, and democrats were in charge of Congress for the last part of pres bush's admin, and they are onewho wrecked our economy and they continue to destroy our nation with their govt. take over liberal BS!!!
Craighill9 2 years ago
No, he was chairman of the New York Reserve, not the Federal Reseve. Yes, but in two years, the Dems wouldn't of had any effect, especially with a Repub President. Bush screwed up the USA and the World, learn to deal it it.
There are no plans for our Gov to takeover anything, so please check facts before you post.
Tnoy34rt 2 years ago
So you are telling me with the way Obama is quadrupling our budget that we aren't in trouble? You better wake you butt up.
Craighill9 2 years ago
Obama isn't going to quadruple any budget, he is working hard to cut out Gov, and has already shaved $2 trillion. It was Bush that ballooned the debt to the tune of $5.1 trillion. Obama is far more frugal with our money so relax
Tnoy34rt 2 years ago
You are a boldfaced liar
Craighill9 2 years ago
read it and weep...
snipurl. com /tgr2i
it was Bush that caused all the massive spending, that's an indisputable fact. Obama is putting us back in line without raising taxes, so please learn to keep up with the rest of us.
Tnoy34rt 2 years ago
really? Wow! I didn't know that. Where did you hear that?
Look, this was a government mess. Bush did not have a filibuster proof senate. He needed Democratic votes in order to get bills to his desk. If we are to look at the bigger picture, then we should look at our monetary system. We should have a closer look at what the Federal Reserve is doing. So, Tnoy34r, why don't you get of the 2 party political kool-aid. Obama is a typical 'business as usual' politician.
Bush & Obama both suck.
cartmanfan0316 2 years ago
Unemployment is NOT! a lagging indicator it is the indicator.
No such thing as a jobless recovery, RIP USA long live unfortunatly the USSA
sdndeath 2 years ago
No, unemployment has no "predictive properties", thus it's not a good measurement for understanding how well a economy is doing. In the US, 90% of people are employed, so adding 3% 4% more wouldn't have much effect on the economy.
And the US is the world's largest and most dynamic economy, Russia is 2nd world status compared to ours, so we're doing fine despite the damage Bushed caused.
macindrew 2 years ago
your brainwashed
sdndeath 2 years ago
nah, just painfully accurate. if you don't like facts, then don't read my posts.
macindrew 2 years ago 2
Check out my vids here and my twitter political blog at
dianne93101
SantaBarbaraDianne 2 years ago
Mr. Geithner's body language is very revealing and it gives me the willies.
SantaBarbaraDianne 2 years ago
God bless ya Mr. Brady for doing your job where soo many others won't.
Geithner is a crook and should be investigated along with ALL (ALL) of Berry's cabinet and chronies.
This crap is making me sick. Our country is going down the tubes and the libs LOVE IT!
txfirehawk 2 years ago
No, you are incorrect. Geithner is a well respected man and has been good for America. Barack has done wonders, his accomplishments so far are way above what Bush ever did. For a complete list, google:
Obama Meter
Barack is poised to become one of our best Presidents ever, so relax.
Tnoy34rt 2 years ago 2
unemployment figures DON' T take into account the number of unemployed who have given up looking. Unemployment figures are for the ones who are actively looking for work, for gainful employment.
unemployment for my area is going UP. The Unemployment office is PACKED!
chrysiescat 2 years ago
if a person isn't looking for work, how could we count them as unemployed? that wouldn't make sense.
everyone that wants to work can get a job, there are plenty of them out there, my state just dropped to 6.8%, so things are returning to normal. sure, some states will be a little slower, but the fact remains the stimulus worked, and that's the important thing.
Tnoy34rt 2 years ago
dance2noise002 why do come onto youtube and make posts on a subject that is hurting millions of people at which you seem to have little understanding?
italia4356 2 years ago
Exacty where do you get your information that allowed you to achieve the level of "very few know about economics"? Name a source where you got your information that allowed you to "know about economics"? Name an author? Name a teacher who taught you economics that brought you to such a level of understanding that you could start using words like "FOOL" and "NUMBSKULL!". Please answer the questions in this comment.
italia4356 2 years ago
The older generation is the one with the BEST education. These young punks coming out of the nation's schools at any level can not reason, cannot make intelligent choices.
They judge the outside of a person.
Susan Boyle got awful looks and laughs when she stepped out on the stage. Yikes!
When she opened her mouth and began to sing, people in the audience realized their mistake!
"Demon crats" do not CARE about the people!
Democrat controlled cities haves the highest poverty rates!
chrysiescat 2 years ago
The democrat and republicans are both too corrupt to fix themselves.
What is needed to KICK ALL Congress out and start over with new political parties!
They both work for them same people!
They all belong to the same GROUPS!
It isn't a matter of Democrats against Republicans. It is the elite vs everyone else!
They are aiming at an oligarchy form of government!
The average & poor Americans LOSE!
First step- AUDIT the FED.
They are a group of PRIVATE bankers.
They are NOT government workers!
chrysiescat 2 years ago
Just reading all of the comments below only reaffirms my feeling that I really can't wait until this country finally does the sensible thing and splits itself up.
"United" States? You've got to be kidding.
prh7 2 years ago
Oh, we're quite United, it's just the Southern States that haven't quite grown enough to be considered part of the United States, they'll get there, don't worry, but they have to overcome 100's of years of poverty and religious misunderstanding. (there are people in the South that still believe in the Bible!) Yikes!
But to hear Brady... clearly make a fool of himself, shows the older generations didn't have access to an economic education. So we need to be calm, give them more time.
Tnoy34rt 2 years ago
Free-marketeers and socialists agree, Geithner is a tool of the banks to take our money and enrich themselves.
capitalist4life 2 years ago
We're "making money" on TARP?! ROFL! Wow.. I will remind folks, you can't fix stupid..
Neewbtrader 2 years ago
This whole Obama administration is based on lies!
Barack Obama Sr., never left the family to go to Harvard.
BHO's mom left Hawaii and her life there to go to the University of Washington in Seattle. 15 days after BHO Jr., she BEGINS classes in Seattle.
HE threw his own dad- made him look BAD- under the bus!
google
"The Obama Scandal List"
Impeach the liar in chief
Get rid of Geithner , get rid of ALL the illegal czars
Stop government take over of HEALTH CARE!
2009WarriorLass 2 years ago
The New Republican Party is chock FULL of the world's STUPIDEST people! Good God! Why can't you people realize that the Republican Party doesn't give a rat's ass about you OR your families? They HATE Medicare for the elderly! Let them die quickly so we don't have to pay for it! Everybody on your own! Pick yourself up by the bootstraps, even if you have NO BOOTSTRAPS!
Geitner FRIED this Republican FOOL! Why is Texas so full of these loonies?
Soldierette 2 years ago
This comment has received too many negative votes show
Well, actually, we don't have Republicans or Democrats. What we have are Republicrats. None of them actually cares about you, except Ron Paul & Dennis Kucinich. Oh, and Medicare should be abolished. Look, you are forced to pay into it against your will. If I don't want to use something, then I shouldn't be forced to pay into it. Why is that so bad? Soldierette, get off the 2 party political kool-aid. Oh, & Obama signed a bill that gave AIG $34 million of tax dollars to pay for their bonuses.
cartmanfan0316 2 years ago
But there is a 100% chance you WILL use it... you'll have no choice, you will be dead in 80 years, so you need to pay into the system for when you first get sick or get hit by a bus.
As a Country we are TIRED of freeloaders like you, making it more expensive for everyone else. So the free ride is almost over.
We get all the bailout money back with interest dummy... we've already made $8 Billion in profits from the bailouts don't forget.
Tnoy34rt 2 years ago
We can't have more than 2 strong parties because of the way our constitution is written. We'd have to switch to a "Parliamentary System" to have more than 2.
So go ahead and rewrite our Constitution, and try and get it passed... Good luck with that!
Tnoy34rt 2 years ago
Comment removed
zippyweinstein 2 years ago
I applaud the tough questioning. Keep it up!
prestonistheman 2 years ago
Tony34rt - you are an idiot. Nothing, I mean NOTHING justifies giving GS 100c on the dollars they lost with AIG. The least they could do is get the same deal warren buffet got.
This crap you are saying about getting the TARP money back is ignorance and stupidity. You don't know what you are talking about.
4everpiano 2 years ago
Read it and weep... we're making money on TARP...
(copy, paste, remove spaces)
snipurl. com /tdlaz
Told you! Next time check facts before you question someone. Remember in this video Brady got SLAMMED by Geithner since he didn't have facts, just distorted LIES. You need to realize there are much more informed people on YouTube than yourself.
---
Tnoy34rt 2 years ago
You should read it again closely "buddy". FNM, FRE, AIG and now FHA are being financed by tax payers to support the big investment banks.
GS, JPM and others have been their TARP part to pay their bonuses.
4everpiano 2 years ago
sure, but at the end of the year, we as taxpayers make money from these banks, that's all that matters, so learn a little will you?
Tnoy34rt 2 years ago
Never argue with Republicans. They do not like facts. Facts set them off and you'll have to argue with them every time, regardless of any facts you present. They are in denial, just like Congressman Brady.
Notice that all of the nastiest Congressmen with lies to tell come from either the South or Texas.
Soldierette 2 years ago
How true! It's like they were last in line when god gave out brains. And yes, they all seem to be from the South, is education that poor down there that they can't even understand facts?
I think a lot of it is "unconsciously" they are still trying to fight the Civil War, so anything against the "Union" is promoted within their regional culture.
How sad that they want to pull us down to their level.
Tnoy34rt 2 years ago
all the dems can do is blame bush while they are spending trillions and have nothing to show for it but blame bush
cocobear33 2 years ago 2
yeah, but the Dems haven't spent trillions. yes, they had to spend about $340 billion to clean up from Bush, but what else could we as a country do?
Obama is extremely frugal, so you needn't worry, the markets are booming and the economy is now back on track, the rest will take care of itself.
Tnoy34rt 2 years ago
The ameriCON economy - he couldnt have said it any better.
feverpitch82 2 years ago
Wrong The bush's and clinton's are two peas in a pod. It started with the papa moron bush, And that new world order thing.Then put into full motion with clinton's, Between NAFTA with the clinton's, And the deregulation of the economy with the bush's. At this point and time that should just about wrap it up for a bush or clinton ever holding a high position in the government
independent684 2 years ago
All got a piece of the pie. Deregulation started on the Clinton watch. NAFTA also started in the 90's. The Consertivies had the opertunity to resend and repeal some of these bills. The Democrats had no business forciing companies to loan money to people who couldn't pay.They all are guilty. BUT throwing money into moreGovernment and states for temperory jobs is not the answer and placing tax on small business for the sake of Gov. takeover of your healt (cradle to grave) is no way to grow jobs
Seamlady 2 years ago
How many times can washington put the word borrowed on money to realize that they completely failed a country and a nation.They roam around in washington trying to be some half ass world leader.They can't even fix the problems in their own country.Maybe these other countries could do america a favor.KEEP THEM. They could screw up a cup of water.
independent684 2 years ago
BUSH IN BLACK
independent684 2 years ago
Every time this country has a problem. Wether it be the deregulation of the economy ,Wall street or anything else that has completly failed a government and a country, timothy geithner was right there. And anybody that can't see that, Should be declared legally blind
independent684 2 years ago
Comment removed
zippyweinstein 2 years ago
What? Geithner did no such thing. We get all the TARP money back don't forget, a lot has been returned already since Banks don't want to pay the high interest we are charging them. We've already made $8.2 Billion in profit from TARP, so we'll make money, like we always do.
Tnoy34rt 2 years ago
Nonsense.
Banks get free money from the feds multiply it through the miracle of the fractional reserve system. They return back a portion of that multiplied money. Meanwhile interest rate is kept at 0% so they borrow it for free and charge an interest on it.
The value of the currency meanwhile goes downhill there by screwing anyone who has been responsible and saved their money. Interest earned 0%.
Conclusion : people who have been responsible with their money are paying for TARP.
orangedac 2 years ago
sure, but banks have done that for centuries, it's what makes the world go round. Our $ remains strong although yes, we are currently using a lower dollar policy to create jobs.
no, TARP won't cost any taxpayer money, we've already made $8.2 Billion in profit from the banks via TARP, so it's a win win for our country and taxpayers.
Tnoy34rt 2 years ago
A a bush bootlicker. Bush took a surplus and turned it into a deficit then passed health care laws with no way of paying for it started no child left behind ,2 wars and couldn't pay for it then on his way out of office he told his buddy obama O by the way there's about 2 trillion dollars that also needs to go on the maxed out country credit card that he maxed out.We could hear it now HE HE HE There must be something wrong with the black stripy thing on the back HE HE HE The worst president ever
independent684 2 years ago
Comment removed
zippyweinstein 2 years ago
Go away little girl, And don't be a email bogger Well Bye
independent684 2 years ago
GAMEREMAX2 Your the reason for birth control,Your living proof you can get pregnant thru anal sex.The doctor didn't smack you on the ass he smacked your mother ,Then told your father, Well we did all we could .But it pulled thru anyway.Best part of you ran down mommies leg. You reject!
independent684 2 years ago
thats funny
XoblivioX 2 years ago
Yeah ok pal ,Short term speculation on wall street and long term investments for the americans will solve the countries problem People that have been watching wall street for decades can't even figure out what the hell is going on up there.But the smart people no that this melt down coming is going to make the last one look like childs play And hopefully just like last year when all the phones and the computers go down at the same time YOUR one of the people that have penny on the dollar left
independent684 2 years ago
Tnoy... just keep waiting for the magical money fairy to save us all.... too bad i traded all my money tree seeds for US treasury bonds.. DOH!
XoblivioX 2 years ago
Tnoy... i urge you to go to - usdebtclock . org
.... the numbers keep going up... when they start going down ill listen to ya but until then your just full of it ..
XoblivioX 2 years ago
TNOY your the reason for birth control Now your just making stuff up as you go, The poll stated that 84 percent of the american people still think where in a recession and 16 percent said where not Your just another moron that comes on blogs and every time you blog.We smell bullshit!
independent684 2 years ago
dude ... have you seen the price of milk, eggs, produce... it has all gone up in the past few years by quite a bit. thats just the tip... this is in part due to the runaway printing of currency... sure the price on some goods have gone down a little in the past year or so.. but how much of that is artificial? theres no disputing the fact that our dollar is only worth a small fraction of what it was before we gave the federal reserve control of our money supply.
XoblivioX 2 years ago
Tnoy ,Where did they grow you. Your president stated that higher learning is a must.Thats who told a nation to go to college you idiot. But if you ask the unemployment office they tell our kids Don't waste your time there are people with anywhere from a week to 60 years experience looking for these jobs Are you a unemployed staffer from the bush administration or a elected incumbent that got fired?
independent684 2 years ago
Your the reason this world needs birth control. All of your comments are fucking retarded. USA went to war for nothing in Iraq and Afghanistan its all Americas fault
GameRemix2 2 years ago
Yes, if you aren't invested or got stuck holding "gold" you aren't going to make much money. But the fact is, the recession has ended, there is no disputing that and the markets are BOOMING... i've made over $90k in just the last few weeks.
YES... the poor and uneducated won't see a result for a few more years, but that does NOT make them CORRECT.
If you are smart, aren't lazy, this is a grand time to be alive.
Quit playing into the darkness of Bush, Obama has created huge prosperity, cheers.
Tnoy34rt 2 years ago
Obama is a tool, just like just about everyone else in Washington.. did you go to the US debt clock website like i suggested? you cant fix that by throwing more money at it. our whole system has been built on a house of cards that will eventually collapse.
XoblivioX 2 years ago
I would respect the republicans and democratics if they would just come out and tell the american people that they ran the country into the ground and they have no way of fixing it, But people that come on blogs and defend their inept incompetence is just down right wrong at every level
independent684 2 years ago
yeah, but that's not what happened. basically Bush was a poor manager, we all agree with that. Obama is top notch management talent, so we all agree he has done wonders in such a short time.
yes, it takes time to fix the Bush mess, but if it isn't repaired in 4 years, you get a choice to make a change.
so far, Obama has fixed most all of our problems, so relax and enjoy the next 7 years of prosperity.
Tnoy34rt 2 years ago
err... no ... ill pass on supporting Obamas plan to grow and expand the gov. ... sure im all for police, fire depts etc. being publicly funded locally .. Locally is the key word here... the Federal Gov. needs to stop taking so much of the states money and needs to cut spending probably by at least 50% including military spending ... we do not need to have bases in 100+ countries. we need to stop this empire building, maybe dry dock half our naval fleet. that would help save some $
XoblivioX 2 years ago
Ok obama boy any president that has a 47% approval rating after the first year is gone and don't let the door hit you on the way out.Good Luck
independent684 2 years ago
No, the cash for clunkers was just a "visible" sign to the poorly educated. A more SERIOUS result was the FACT your ATM card still works, your checks don't bounce, you can buy products at a store without empty shelves.
We realize you are poorly educated, but to think "cash for clunkers" was any great "stimulus" you are sadly uninformed.
Today, the economy has recovered in most States... yes, you'll still see some areas slow to recover, but the disaster of Bush is mostly solved.
Tnoy34rt 2 years ago
Our town of 30,000 may not be broke but is close to it... and we just voted for a brand new 9mil police station.... did we need a new station, probably .. but we didn't need a 9 million dollar one... people are stupid sometimes.....
XoblivioX 2 years ago
As most states are relying on stimulus dollars to pay for fire dept, state workers, police dept, and municipalitie bldg checks, The transformation has already accrued to socialism, Capitalism caused socialism.Man what do you say to something like this. Guess just change your religion with no choice But let's see what con come next year to pay for their checks!
independent684 2 years ago
fire dept, state workers, police dept, our defense, have always been socialism, so that's nothing new. do you really want to take down all the stoplights, let fires burn, relax our borders, stop helping our society?
of course not, so join the fight to make America stronger... just as Obama requested... the link is here:
whitehouse . gov
Obama has been our most open President in the entire history of our Republic, so get INVOLVED, quit bitching about Bush's past mistakes.
Thanks!
Tnoy34rt 2 years ago
Don't piss on my foot and tell me it's raining Tim.
Freethought42 2 years ago
Ok mister know it all, At the end of every school year.Millions of kids don't have the money to go to college and must enter the work force.Maybe you should try to get a answer from the labor statistic office .Because they don't have a answer for me And lets not forget all the visas imported each year.the country must produce 125.000 jobs a month.Just to keep up with the visas and the kids dropping out of school.And when your unemployment runs out your not counted anymore
independent684 2 years ago
Yes, but College isn't the golden ticket it once was, that money is better spent by working hard and creating new products or businesses... you've been brainwashed into thinking "college" is the way to go, how sad.
We are a nation of immigrants, it's what makes us STRONG, so why fight the very reason you are here?
People that are still unemployed after 16 months are LAZY, so why support them?
Get a grip, then let us know how it all worked out.
Tnoy34rt 2 years ago
Yeah really... it really takes an economist to tell that the price of goods have gone up.... like i said earlier there are a lot of problems in our economy that cant be fixed by throwing green paper at it. that is one of the problems right there.... for starters....
XoblivioX 2 years ago
Actually, average prices have gone DOWN over the last 8 months. There is currently NO inflation in the USA, so you need to learn to do basic research.
Here is a Inflation Matrix... so your $ is worth MORE with each passing month. Obama is a very frugal and a smart manger don't forget, so this shows more of his success.
(copy, paste, remove spaces)
snipurl. com /s99s0
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Tnoy34rt 2 years ago
Tnoy.. Don't be a dumbass.. like calling people racist really makes you look smart.. I love how if i disagree with Obama im a racist... reminds me of the Bush years... we were unamerican if we disagreed with those crooks...
-- We must vote out all the Incumbents in office... and hopefully get enough honest people in Washington to really make a difference.
XoblivioX 2 years ago
Let me guess ,Your one of those morons that thought that importing cheap foreign labor and exporting middle class jobs were going to be good for the world. IT WILL BE GREAT FOR AMERICA Maybe you better stay in your washington bubble state of mind
independent684 2 years ago
Ha ha exactly... so why don't we hear the Dems crying about the patriot act anymore... that was one of the things i agreed with them about .... now its a non issue.. since apparently if Obamas fine with it now ... it must be ok... and lets not investigate.. the bush admin now that Obamas incharge... that would mean he might have to give up some of his power... guess its the old "you scratch my back, ill scratch yours" just in case the GOP take office in 2012....
XoblivioX 2 years ago
HAHA. 2:52 is priceless. Timothy looks as if he is in need of a bowel movement.
bradleymxz 2 years ago
Quit being an IDIOT. Did you fail your college econ courses or something?
Unemployment has NOTHING to do with a recession. Unemployment has NO predictive ability, it is a LAGGING indicator.
It's a FACT the recession is over, look it up! You are talking about something that won't be solved for many more months.
The stimulus saved us from a depression, the markets are going great, best in over 24 years!
You are just poorly educated, and probably a racist, so that's why we are laughing at you.
Tnoy34rt 2 years ago
What planet are you from? Just because you can quote an econ 101 glossary that we technically aren't in a recession or depression does not mean, or predict things will be great. The stimulus fudged the numbers to look better than the real health of the economy. If the dollar rises you will see a dismantling of equity markets and the dow will fall very low. Most people would laugh at you. And since its a LAGGING indicator, I can't wait to see it go down next month And the next, since were booming
bradleymxz 2 years ago
sure Bush expanded the gov. debt. but it still was around what 5-6 trillion or so when he took office.. it should never have been allowed to break 1 trillion. we must pay off the national debt. but that will mean we must cut gov. spending by a lot. and it looks like it will take a 3rd. party to finally fix the problems, because neither the Dems, or repubs, seem willing ... they just keep wanting to spend and spend... until it all crashes down on all our heads.
XoblivioX 2 years ago
Tell me about it the new economist have been telling us for a year .If we have 4 straight GDP negatives in a row it's not a recession but a depression.But i guess all the media got the memo Because the 4 - GDP came and went.Just admit it you voted for change ,But you got BUSH IN BLACK
independent684 2 years ago
Brother, You need to open your eyes. Bush over the last 8 years put people in positions that had no business being there, But why try to clean them out obama keeps putting them back in.His approval rating is at 47% and dropping fast. Don't you find it funny that congress had a 9% approval and the senate had a 12% Approval rating. And the only people that got the nominations were in this bunch!
independent684 2 years ago
totally agree with
independent684 -- and to Tnoy34rt, you think we are out of recession? fixed the banking issue? yeah right... our economic problems run a lot deeper then most people realize... you do know that its not just the governments fault don't you? ... ALL of us are to blame for our current situation the whole country from gov, to business to private citizens are all in debt... not everyone of course but a great many..... and the gov. debt has been getting bigger with with both parties
XoblivioX 2 years ago
What country is credit swiss from? And why did they come to the united states and to the fed ,With a snot bubble in their noses from crying And the fed gave them 50.000.000.000 dollars?
independent684 2 years ago
Too funny The united states will also find out how much of the fed welfare has been giving to canada and the EU over the decades LOL
independent684 2 years ago
Well if they audit them back to the 1912 and if i had to jump to conclusions Our hard earned tax dollars made people billionaires behind some curtain. Wouldn't it be one hell of a sucker punch to the united states if the monsters at the bilderburg group were created with our no payback currency to them
independent684 2 years ago
haha, worse than canada and the EU, those socialists! what do they know about anything!
nyrangerfan1 2 years ago
If you vote your incumbent back in office with a real 17% unemployment rate.Your state and constituency deserve to go down the tube There is a cancer that grew in washington over the decades. And only we the people can remove it .We always had term limits capability But some just don't get it ,And now would never be a better time to prove it
independent684 2 years ago
Yes, it's so wonderful "We as a people" rose up and got rid of Bush, now we have intelligent leadership that is quickly solving the problems caused by the last 8 years of "mismanagement"
Obama is doing great so far, he ended the recession, fixed the banking issue, got the markets booming again and has slowed unemployment to a trickle. The stimulus worked, so good days are ahead.
Yes, idiots like Brandy shouldn't be allowed to run again, it's time for term limits to get rid of these numbskulls!
Tnoy34rt 2 years ago
The funny thing is both Kevin Brady and Timothy Geithner are right. President Obama inherited a mess, and Geithner and Lawrence Summers are screw-ups and shills for Wall Street.
4teepee 2 years ago
Republicans AND Democrats voted for the Iraq War Resolution in October 2002 and for the recent Bailout. Bush created the mess and Obama and his cronies are now cashing-in on it, middle-class be damned. I can't understand why the partisan sheeple that voted for Bush and Obama, would continue to buy into the idea that establishment politicians have the best interests of their constituents in mind - how naive. What have any of them done to substantially improve YOUR financial situation? SUCKERS!
modeCveil 2 years ago
But Obama never vote for the wars, plus Obama isn't cashing in on it, he's not in it for money, just the love of country... which is quite refreshing.
Tnoy34rt 2 years ago
lol.. he is continuing the wars which is the same thing and remember he committed unconstitutional attacks against Pakistan during the beginning of his presidency. Don't act like he is any different than GWB.
Desnoxvu 2 years ago
No, Iraq has basically ended, we withdrew many months ago. And while Afganistan is finally being focused, it's clear it's about building up that Country and no longer about combat.
You just don't understand the situation that's all. Obama is the polar opposite of Bush. Obama uses intelligence to solve problems, not killing.
And no, Obama never has attacked Pakistan, don't be crazy.
Tnoy34rt 2 years ago
@Tnoy34rt
Obama and Bush are really different... sounding.
rhysqqq 2 years ago
"Just the love of country". LOL. You are a lilliputian. You are right when you say "Obama never voted for the war". He was not a US Senator at the time that the Iraq War Resolution was voted upon and therefore could not have voted for or against the Iraq War. But Obama's Administration is populated by Clinton loyalists who DID vote for the Iraq War Resolution - the same Clinton loyalists that in the late 90's built the ORIGINAL case against Sadaam's non-existent WMD's. Try Again SUCKER.
modeCveil 2 years ago
Poor Brady, he got SLAMMED by Geithner!
macindrew 2 years ago
Good Job Giethner... I'm sick of these elected policy makers in congress pointing fingers at everyone else!! ThEY make the laws!!! Politicians are just corporate whores that bend-over to lobbyist. They are responsible for this mess do to the lack of regulatory laws and oversight!!
g00dlife 2 years ago 2
Wow @ the mindcontrol that got you.
kakapoable 2 years ago
actually the federal reserve had the biggest role in the bubble and burst. Geithner was at the head of the NY FED so you should probably do some research before you post instead of posting a ridiculous statement praising Tim.
Desnoxvu 2 years ago
And how did the federal reserve come into existence? Through an ACT of congress genius. And who sets the rules and regulations under which the federal reserve operates? Congress!!! LOL You do your research.
g00dlife 2 years ago
Yes, it's always fun to laugh at the "End the Fed" crowd, they don't realize Congress controls the Fed, so they aren't some "private entity" like they want you to believe.
They just don't want a successful America, how sad.
Tnoy34rt 2 years ago
Wow everything out of Geitners mouth was a lie. Amazing. (Of course the Republican talking likely has no idea what he is talking about either and he probably contributed to some of this problem himself).
tfboyle 2 years ago
All Democrats need to step down. They are lying to all Americans daily.
TheNewVideo 2 years ago
They need to change the rules and laws and cap CEO pay and bonuses right away.
They need to tax all trades and stop the gambling.
1911arthur 2 years ago
You"re completely right & wrong at the same time.
You recognize there is an inequality in the financial sector.
However the reason companies like Goldman Sachs had such big bonuses was because the Fed Reserve and the US Gov used inflation & debt to bailout millionairs while the value of the money in the pockets of the lower and middle class was moved to the cronies of the FED and US Fed Gov. The only way to solve this is to abolish the Fed Reserve and have the US gov follow the constitution.
Desnoxvu 2 years ago
Ron Paul should have been there to fuck Geithner
rosewood223 2 years ago
rosewood223
RIGHT ON!!! Geithner is a douche.
EndTheFedRes 2 years ago
That's what happens when you put all the monetary control in the hands of the Fed when you have nothing else to back it up - anyone remember the Gold Standard? Why is it that liberals can't see this? (SIGH!)
MyFreedomChannel 2 years ago
MyFreedomChannel
Great explanation of monetary control and the Fed, but we shouldn't necessarily go with strictly a Gold Standard, it should be more of a Commodity based Standard. The Gold Standard did have some problems but a Commodity Standard would "fix" these issues.
EndTheFedRes 2 years ago
The head of the treasury failed to pay his taxes for four years. If it was you, you would be in jail. This guy Geithner gets the job of secretary treasury. He is a joke.
quizerry 2 years ago
Brady -not a flagrant speaker, beats the point down to its pulp.
End all, Geithner stumbles... because he owns it. Remember, Geithner failed to pay his TAXES. Did You?
wasteamytime 2 years ago
Tiny Tim and BHO are in way, way over their head. Thank God it will only be ONE TERM. 1 year of disaster down, 3 ta Go. Buh Bye you skunk tax cheat rich A-hole - go cry in your pile of tax payer loot. Spawn of Satan!
TheFab19460 2 years ago
No, Obama will easily win a 2nd term, he's done extremely well so far... and will likely become one of our most successful Presidents in the history of our Republic.
You just don't want America to be successful, how sad.
macindrew 2 years ago
macindrew...your lost .....and way over your head with your observations of the dollar value or inflation.....get out obama's ass and study up before post again....
realratatat 2 years ago 2
LOL, macindrew: clearly rockin' the crack pipe :D
fubhodotnet 2 years ago 2
He is the Fox in the Hen house. END THE FED!!
hazzzer 2 years ago
Kevin Brady is a MORON!
macindrew 2 years ago
Kevin Brady has a short memory. A year ago the economy was in free fall, sheding jobs at the increasing rate and without stability. Today we have stability needed for growth and job creation. Brady also forgets the crisis, the huge deficit, the WS meltdown happend during Bush and the GOP watch. Trying to pin down on Gainer something he and his party own is dishonest. Job losses are slowing down and job creations will accelarate only with stability. With stability jobs will come.
alexaob1000 2 years ago
That is BS. The financial melt was mainly because of Fannie and Freddie which were government financial institution loaning money to people who could not pay. They did this over and over to give people who could not pay, home ownership. When they foreclosed on all those home the Banks went bankrupt.
larrygonzo1 2 years ago
their job is to "protect against inflation" thats why the dollar has lost like 99% of its value since the fed was created.
And he says American's lost money on their savings. Investments and savings are two different things.
American investments in stocks were crushed but Americans who had savings in banks collecting interest did great till march then it plummeted. So they first crushed stocks now they are making real savings become worthless
dave997 2 years ago
nonsense, the $ has maintained nearly the most value of all currencies during that time frame.
The Fed keeps inflation low, it's been a huge success, so quit being so ignorant on the important role of the Fed.
macindrew 2 years ago
youre the one being ignorant if you think they are trying to fight inflation. look at the money supply charts look at gold, look at the dollar index. Get a clue before u speak
dave997 2 years ago
Geithner should step down.... But, Obama would appoint another nut in his place. So, what's the use? Geithner is a tax cheat? So, what does that get you in the Obama adminsitation? You got it, Treasury Secretary! This would be funny if it wasn't sad. Congressman Brady is spot on in his list of issues that Geithner and Obama has failed on. I'd suggest Obama should resign as well. He made things way worse than it would be otherwise. Yes blame Bush for Obama's entire presidency! hahaha
aSingleDallasGuy 2 years ago 4
My nephew is going to be very confused. He thought the guy teaching him at U of C Law School was Obama.
ohio1953 2 years ago
Obama taught Constitutional law part time for 10 years at the University of Chicago.
ohio1953 2 years ago
Wow. He takes 0 responsibility, and pretends all indications are of a healing economy. Geithner is completely off-base, or a complete liar.
If he's a man of responsibility and he's actually helping, not hindering the situation, he would, at least, recognize the problems stated by the congressman.
...Gimme a break Tim, it's all Bush's fault? Obama's made it better? Come on, it's been getting worse for years, and you've been a key decisionmaker during our recent economic failures.
DiscountPeople 2 years ago
For the first time in history, politicians, the Fed bansters and their CEOs on Wall Street too large too let fail are typing their own names into sites like this and understanding they cannot commit their crimes in secret anymore. Politicians are turning on bankster bosses because these are not merely youtubers, or face bookers, these are votes. If everyone went out and voted the incumbent out at each local, state and federal election we might finally pull Constitution out of the gutter.
ohio1953 2 years ago
Brady got owned here. He should do his homework.
realgone222 2 years ago
Sites like Youtube have become this governments and Wall Streets biggest nightmare. Since the lame brains on cable don't have memories and therefore jump up and down every time the stock market goes up they should put all their money in the body guard industry. I'll bet in the coming months these banksters and their whores in government will make the body guard industry into an industry second only to the military industrial complex.
ohio1953 2 years ago 2
PHUK Geithner, PHUCK Bernanke, PHUCK Mishkin, PHUCK Greenspan, PHUCK Blankfein
Go12Go 2 years ago
Geithner, Paulson, Kashkari all worked for Goldman Sachs and they STOLE our money in the biggest theft the world has ever seen! There should be a revolution if people really knew that their hard earned money and that of their future children was ciphoned by Goldman Sachs and Co with Geithner, Paulson in charge. Now they're even putting a former Goldmanite in charge of SEC as COO a 29 yr old guy named Adam Storch. Crazy! Spread the word everyone
tomfmorris 2 years ago 3