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Saturday, January 30, 2010

Former Timothy Geithner Testifies On Wall Street Bail Out

Treasury Secretary Timothy Geithner testified at a House Oversight and Government Reform Committee hearing on Wednesday on the bailout of the giant insurance company, AIG. It was great to finally see someone having to answer some questions about what, in my opinion, was the biggest rip off of the American people since the inception of the Federal Reserve Bank.

At one point during the hearing, after a particularly tense round of questioning, Mr. Geithner made a great effort to appear indignant, saying to one of his questioners, "....you are suggesting that we weren't acting in the public's interest...!" 

Pretty comical, Mr. Geithner! Of course he knows that is the reason for the hearings in the first place.

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