(Part 1/2) Treasury Secretary Geithner Announces Financial Stability Plan 'TARP 2'

[shanepaulcoward]

And so you see the fallacy of capitalism. The 'system' will inevitably move increasingly towards Socialist tendencies. European countries highlight this fact. Stability plan? We are currently led on the floor of the bathroom, holding on to the base of the toilet with both hands, trying to stop the room from spinning around, with one eye open and puke all over our shirt. It's not a good look!

[HotaruZoku]

Without credit, economies can not "grow at their potential?" The premises these people expect me to accept at face value are epically presumptuous.

What sort of growth happens without draconian governmental oversight, I wonder?

[pcdoctorjosh]

Goshdangit69 (1 month ago) Show Hide

+3

"I am in a college Logic and Language class and we must point out where this goofball fell short when utilizing logos, ethos, and pathos. There are so many angles to attack from and so many topics to address, at least 200 people can complete a few page paper on it. Hes a nervous little kid that can't keep any signs of honest language, verbal or nonverbal. All these assclowns are in for a wake up call!" I trust this comment -pcjosh

[genaroman78]

bankers are criminals. they play casino whit other people money .On the derivatives market,were the lost everything.nationalize them now

[j9feline]

That boy's got some ears!

[JBSchmoov]

The speech that lost shareholders $. Give us some details!

[mete1954]

I can only tolerate watching this video by envisioning Timothy in orange, with a series of equally spaced vertical bars across the screen.

[Goshdangit69]

I am in a college Logic and Language class and we must point out where this goofball fell short when utilizing logos, ethos, and pathos. There are so many angles to attack from and so many topics to address, at least 200 people can complete a few page paper on it. Hes a nervous little kid that can't keep any signs of honest language, verbal or nonverbal. All these assclowns are in for a wake up call!

[DinaStrange]

when a man tries to influence our emotions instead of trying to  influence our rational minds, it means something is not right.

[SandCmpbll]

he's really not that bad a speaker. He just needs to stop moving around like a pendulum--or maybe that's he's style. sounds credible. But we are going to have to demand that no more of our tax money goes to these money changers. Nationalize the bastards, change the tax code and the fractional reserve lending

[LIBERTYINSURGENCY]

By nationalizing banks or any business for that matter we allow ourselves to shift from a free market society into a socialist society.......... just wanted to let you know.

[rockhardxrocker]

And if we prop up failing businesses that is also a socialist society. Too big to fail? Too big to pull their own damn weight, and so shouldn't expect us little guys to pull it for them. Let them fail, there are plenty of banks to replace them, banks that weren't taking such crazy risks, and also Insuring those incredible risks!!! They deserve to fail.

[UCBerkeleyCal03]

This guy needs to take a public speaking class. Is the teleprompter moving from left to right or is it just me? Makes me dizzy

[MDJarv]

This guy is a New World Order minion.

[barbaragladstone]

try looking below appearances to the intelligence behind the eyes.

[56gig]

He's a tax cheat and how dare you try to say other wise.

Of course he understands the big a mess we're in.

They're the same idiots who gave us the problem.

Geithner is an ass and a tax cheat. Period.

For the Obama administration....that's a purfect choice for the job.

I eagerly await the next appointment by the messiah.

[barbaragladstone]

the problems are not made up. I don't know what you mean by "crooked". They are not in it for personal profit (= Haliburton). This guy is smart. We're in a mess, and these guys didn't make it. Geithner is not some media queen, he's a nerd. He understands how big a mess we're in.

[RESILIENT1AMERICA]

You are the smart one. Why is Obama using General Electric CEO Jeffrey Immelt as an economic adviser ?

[alexsep82]

because he can also provide some idieas too, or u are on of those O'reilly harcore fans???

[RESILIENT1AMERICA]

He can provide the same ideas that he ran GE into the ground with ?

[brandywineraceway]

To the Beatles Taxman Let me tell you How it will be. You'll pay your taxes, He won't you see, Cause he's the taxman. Yeah, he's the taxman. Work for IMF,it's really neet Use Turbo Tax, it's really sweet Ignore the prompts, the tax you'll beat Tim's so smart, just kiss his feet. Taxman! (Credit George Harrison)

[akpancon]

At least this guy told the truth about how we got to this position. He should be the president because all Obama did last night was regurgitate

talking points

[LOVELIFE54]

Pres. Obama keeps talking down the market with his negative talk , he's done this since his first day as president ! That should never be done !! Sometimes I wonder who's side he's on ! I , unlike many people , was never a strong believer in Obama but I'm willing to give him a chance ....... So many people honored him like he was the Savior , I personally didn't see it . You would think they could turn this economy around .. I wish them the best !

[LOVELIFE54]

The more I hear Geithner and Bernanke the more I think they are both the wrong people for the job !

[NHMntnHIGH]

you may be right, this is the guy that couldnt figure out how to use a simple tax program.... hmmm

[barbaragladstone]

TurboTax was not written for people in his situation (living and working outside the country on salary in foreign currency, etc). yeah, he should have checked it. Ever made a mistake?

[motina10]

From the website given by Geithner:

'Lobbyist Influence in Federal investment Decisions'

Umm.. limited influence. Well citizens (a community) are lobbyists, does that include them or just the major players? Will this just put more control in the hands of bureaucrates?

[motina10]

You mean the 10 trillion dollars to help the banks out was not enough? Oh yeah, that was the 'private' central bank, eh?

[motina10]

People are losing their jobs because they are all service base related. That market, that system is broken, so of course they are losing their jobs.

[motina10]

Students loans have help tuition price rise too much by the demand, and the institutions are not interested in more affordable education, because, hey easy money.

[motina10]

There potential? Such a central planner thing to say.