US Congressional Hearing With Tim Geitner-Treasury Secretary!

http://mimbari.livejournal.com/

January 27-2010:

US Congressional Hearing With Tim Geitner-Treasury Secretary!
"We Acted Because The Consequences From Not Doing So, Would Have Been Catastrophic."

Tim Geitner-Treasury Secretary.

How the Hell does he know that for sure? They conned the American people into believing the world was coming to and end for the Global Financial Economy.

And we had to give them billions to keep them afloat. Because some of these Behemoths were Too Big To Fail.

Then after receiving Billions of US Tax Payer dollars, they resumed the same practices that got them into debt once again. They resumed paying Large Bonuses, claiming they had to honor contracts.

Honor Contracts My Butt!

The greed and in-sensitivity these vultures have for the Accumulation Of Large sums of money to enrich themselves, is beyond comprehension.

Now Timothy Geitner and his Treasury cronies all deny ever knowing that the State bought TOXIC assets that worth pennies, with billions, in order to hide the true reality and cost of those Toxic Assets.

CONCLUSION:

I have said before that president Obama chose to align himself with individuals who were part and parcel of Wall Street & the Banking Institutional Rackets. These people are mentally and psychologically well entrenched in this business of Reckless Risk Taking and Speculative Investments.

They have experienced the wealth that it brought them. And will continue to take these chances whenever the situation arises for them to make another Financial Killing.

That is the nature of these vultures. They are the problem!

Derryck.
NYC.