Burtf51’s Weblog

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Posts Tagged ‘tim geithner’

A Billion Here, A Billion There

Posted by burtf51 on November 23, 2008

I can remember when a million dollars sounded like a lot of money. Now with our government throwing around Billions like there’s no tomorrow (now there’s a thought) the word Billion is used with great complacency. Somehow a Billion Dollars doesn’t sound like that much (sic) hell why not step up the game to Trillions or Gazillions (even better).

Citigroup….hmmm….let’s see…we just gave them 25Billion and now their stock is below $5 a share, they are tettering on going down like the Titantic, with a loss of 300,000 jobs. Wonder who thought $25 Billion was enough to prop up this giant. Why don’t they just give Citibank a Trillion dollars. Hell if you gonna do something, do it right…go all out.

Obama’s pick for Treasury Secretary…Jim Geithner! WOW! The market explodes like a rocket ship! I guess just the though of Geithner remaining at the helm of the MONEY MACHINE brought great joy to banks and businesses standing in the welfare line. After all Geithner has been working hand in hand, working with Paulson and Bernanke develope an ingenious BAILOUT plan to save our economy. 

Obama’s economic plan…Barack is in the process of putting together cabinet appointees that are the greatest minds in Washington. The captain and his economic dream team are working feverishly to develop an economic plan that will restore our economy and create millions of jobs and prosperity for all. All this and more without the taxpayers seeing their taxes increase a single penny. This guy is truely a genius! How is he going to do it? 

Some would question Obama’s cabinet picks, posing the question of…..eruh…Where the hell were these brilliant politicians and what the hell were they doing to recgonize that (Houston, we have a problem)! Uh, what are the job responsibilities for the President of the New York Federal Reserve? Here we have Paulson, Bernanke and Geithner…you would think these people in high financial positions would have insight and be qualified to recognize that a economic collaspe was brewing. But do not question this, because they are now capable and more than qualified in their expertise and experience to fix this little problem. Futher more, the government doesn’t have the money to give Billions and Trillions and Gazillions, taxes aren’t going up, so I guess Obama and his cabinet will just MINT the money.  I just hope our new Government can afford to buy up a whole lot of printing INK.

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