Geithner: I can fire more CEOS!

When the government owns two auto companies, the largest insurance company in the world, and several banks, I don't think it looks like America (at least the United States part) anymore. The fact that TurboTax Timmy feels like he can tell them how to run their business seems like a natural extension of government ownership.

 

The entire financial system and two of the Big Three automakers being in default wouldn't look too much like America either. Too bad these idiots have managed to wrap their incompetence to the degree that their failure would bring the entire world down, otherwise a lot more of those CEOs would be starring at golden parachutes. :/

 

As bad as it is to have the gov't firing CEO's of companies it owns now....what would be worse would be for these companies to go out of business and drag 100's of other businesses down the drain with them.

I'll take the first version of America for a year or two.

 

What does "America" look like these days again?

 

I love these falsely patriotic ramblings. America looks the same as it ever did. The place with opportunity that allows freedoms and liberties above and beyond all other nations.

This is not my beautiful house, this is not my beautiful wife...

 

Wheat’s really funny is that those who are crying about the death of America, had no problem with torture in the name of America and the trashing of civil liberties all in the name of keeping the country “safe.”

 

I think the worry is that the first version of America will now last forever... while the second version of America would only last a year or two.

If history tells us anything, its once the government starts regulating something, its hard to get it to stop.

 

Actually, if history tells us anything, it's that the US is ultimately a resiliant free market country. We've had many bouts with nationalization over US history and it's never lasted long-term, but it's always worked out pretty damn well for the country. And our history over the last 30 years is that deregulating things is not a problem...

 

No problems either in destroying the middle class in the name of an ideology of One Market Under God.

 

If you really wanted to be honest about it, you'd see that the trashing of civil liberties and torture were American from day one. See slavery and the treatment of the native Americans.

I am not saying that it is right. I am saying that to assume otherwise is at best a romanticized notion of our history.

 

CBS had a really nice graphic to conceal the crappiness of their non-60 Minutes news team. Katie Couric has nice, dare I say sexy, calves. Tim Geithner talks too fast, he's going to pull a Harvey Pitt and announce his retirement during the night of mid-term elections.

 

I don't know if America has ever been what I'd like to believe it is. It could be better, but you can always remember that it is a hell of a lot worse for the vast majority of the world. We are still lucky to be here.

I'm not saying some CEOs need to go, but I don't like who is pulling the strings. The government thinks they can fix everything, when in reality they can't.

 

Some of these aren't even puns or put downs; they're just phrases that sound like the state's name, and some of the phrases don't even make sense, like "Color-radio," "North Carol's Line," or "S." This will frustrate me for days.

 

An owner of a company, for which they paid fair consideration (in fact more than fair) firing the boss for poor peformance is the essence of the exercise of property rights in a capitalist society.

If you oppose it, U R A COMMY.

 

My understanding of the situation is that, in the case of GM, all the government did was say that so long as the CEO was still there, there would be no more government money.

Utilizing the power of the purse to influence a private entity is more than ok. It is intended in the Constitution.

 

Timmy reminds me of Albert Speer, the subject of a History Channel documentary on Hitler's Germany. Isn't Timmy German? He and Speer do have a resemblance. Well, no matter. Like Timmy, Speer was believed to be an economic wunderkind. Speer wound up in prison for 20 years and wrote at least three successful books.

While watching the documentary late at night, it occurred to me that Timmy's economic agenda is eerily similar to Speer's. I wonder if Timmy will ultimately share the same fate.

 

This post is the perfect summary of the GOP today. Total ignorance of facts combined with a lack of desire to learn those facts combined with a lack of original ideas to offer leads to complete nonsense, and explains the reason why the GOP is a minority party that no one takes seriously.

 

I wonder when you'll get bored of Nazi references.

Let me know when he kills the fist million Jews.