If Liz were Queen

Geithner’s Public Private Partnership Puts Public Most at Risk

Tim Geithner’s at it again, doing somersaults, with hundreds of billions of federal money flying out of his pockets in the process, all to distract us from the more sensible course of action, which is to nationalize the insolvent banks.

Instead, he wants to scrub their assets clean by having the government and some private speculators buy up their bad bets.

Geithner calls it the Public Private Partnership Investment Program, and if he were playing scrabble, he’d be all out of Ps.

But don’t be confused. The public is taking the biggest risk, whereas the private speculators, for a tiny investment, can gain quite a lot.  MORE

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QUEEN’S ADDENDUM:  Geithner would be funny if he weren’t such a smug  condescending twit who thinks that the American people aren’t smart enough to understand what time it is.  Geithner is a rich snob.

We are going to trust a jackass like that with power?  Not I, and not Congress if they know what’s good for them–Obama obviously does not know what is good for him and that is why he is headed for a one term presidency.

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I’m not a Rothschild, but I figured out Geithner’s shell game even before he started playing it.

Obama’s Hedge Fund Boys

Lend Nearly $1 trillion to Hedge Funds?