Archive for geithner
More Sacred Bull
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The president is sharing the sacrificial bull till the sacred cows come home. He has the Republicans where he wants em, continue building on his 24% grab of the economy or take the blame for a social security scare.
Monthly Budget
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The President introduced his budget proposal yesterday afternoon. This budget is not to be confused with the budget he introduced 2 months ago,
Or with Friday’s budget agreement which, according to the CBO, comes up $37,648,000,000 short of the 38 billion in cuts he and his formerly new best friend, John Boehner, bragged about on Saturday,
Or with the coming agreement to borrow more money to prevent default to our Chinese bankers…
Lamb Chop
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Jennifer Granholm, the two term Canadian governor of Michigan, called former GM CEO Rick Wagoner a sacrificial lamb. The Wall Street Journal, which never agrees with Granholm, agreed. But on the op-ed page Paul Ingrassia, a former Detroit bureau chief for the paper said the sacrifice was long overdue since the stock price had dropped from $70 to under $3 on Wagoner’s watch. Actually it closed at $1.94 today, which is down from the $53.40 high of the Granholm reign. Perhaps more sacrifice is in order.
More Power
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Now that we own AIG and GM the government wants to add to its portfolio. The Washington Post has a good story.
