Tim Geithner - Taxpayer Money and the Bailouts

Complete video at: http://fora.tv/2009/03/25/Treasury_Secretary_Geithner_on_Financial_System_Ove...

US Treasury Secretary Timothy Geithner justifies risking taxpayer money during the financial crisis to revive the markets. "Central fact is that governments have to be prepared to take risks the markets can't take," says Geithner.

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Treasury Secretary Tim Geithner addresses a Council on Foreign Relations meeting with his plan to adjust regulations on the U.S. financial system.

Timothy Franz Geithner is the 75th and current United States Secretary of the Treasury, serving under President Barack Obama. He was previously the president of the Federal Reserve Bank of New York.

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[braxtonmandy]

He's so good at not answering questions.

[genaroman78]

this is bullshit. why bailout this failed companies, let them go bankrupt. and save the tax payers from more debt.debt debt debt .how much more can we take.

[raiden241]

Ron Paul for President 2012 yes we can!!!!!!!!!!!!! he will make these worms scuerm!!!!!!!!!! Audit the federal reserve and put them in jail!!!!!

[catalinaguerrero]

give him life without parole

[snooch1975]

ist that something the banks took the risk lost there investors money got a 0% loan from the govt the govt dosnt have the money so borrows it from the fed reserve at an % gave it to the banks they gave there top people huge bonus and gave the rest away much of it to forighn banks an US the tax payer gets to pay the bill

[TheDigitalWeb]

Drag the little prick out kicking and screaming, and hang him for treason!

[UBER069]

notice how he keeps cocking his head to one side, as if his view is obstructed or he is craning his ear closer to someone whispering.

[UBER069]

notice how Geithner pauses right in the middle of every point. He is being fed a response thru a hidden transceiver, I bet you dollars to donuts.. The CFR is not going to allow leave even a simple press conference to chance, one that is designed to reinstill "hope" and "confidence" in the investor class. Dollars to donuts he is regurgitating information read to him over a one way receiver.

[linkin622]

little Timmy ......going to jail soon ?

[katards]

huh?

[phillphall]

minus the state bank part, great thinking. if there were a state bank, to think that it would be any different than existing banks would be ignorant, the only difference would be that only one bank could screw you instead of many. i happen to be for the banking concept and wish all private/publicly owned and well managed banks the best. the beauty of many different banks is that you have the right to choose one over the other for whatever reason you like, from customer service to interest rates.

[phillphall]

different economic crisis than ever before... subsidized housing, artificial wealth, creates a bubble that is recognized as defaultable and unsustainable, realization sets in and sellout ensues. end. and the taxpayers are the government so the burden on government is the burden on taxpayers. timmy needs a shoe in his ass.