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In reply to the discussion: Geithner drawn into Libor scandal [View all]Joe is sorely missed.....
Excerpts from the book: ''Deer Hunting With Jesus'' - by Joe Bageant Video (2007)
"Folks seldom talk politics or current events except during the final weeks before an election and when prompted by lefty agitators like me, or grassroots neocon Republican operatives -- people who understand that the four cornerstones of the American political psyche are (1) emotion substituted for thought, (2) fear, (3) ignorance, (4) propaganda.
Why had the working class so plainly voted against their own interest? And will they do so again?
I am standing in the checkout line at the Food Lion. The lady in front is telling the clerk how her church rallied to buy her and Eddie a secondhand truck after theirs was repossessed: "It only needs a front tire and new brakes." "Praises be to Him!" exclaims the clerk, as if God had come down to personally deliver the 1990 Toyota himself. Obviously they are all born-again. The wife grabs up her purchases, a sixer of Diet Pepsi, a carton of Little Debbie Cakes, and moves on to the door.
Behind me are four or five other customers who could be their doubles, overweight, cheap clothing, looking as though they'd been shot at and missed, and shit at and hit, each of them with his or her own assortment of money, health and legal problems. The fact is, liberals and working people need each other to survive the growing economic calamity delivered to us by the regime that promised to "run this country like a business." The left must come face-to-face with Americans who do not necessarily share all of their priorities especially with Americans who have not been voting."
So I sit here watching fat Pootie in a T-shirt that reads: ONE MILLION BATTERED WOMEN IN THIS COUNTRY AND I'VE BEEN EATING MINE PLAIN! That this is not considered especially offensive says all you need to know about cultural and gender sensitivity around here. And the fact that Pootie votes, owns guns and is allowed to purchase hard liquor is something we should all probably be afraid to contemplate.
The Nazis gave the German people the Jews to hate. The Republicans have given the American people the gays and Muslims to hate."
~Joe Bageant -- "Deer Hunting With Jesus"
"Folks seldom talk politics or current events except during the final weeks before an election and when prompted by lefty agitators like me, or grassroots neocon Republican operatives -- people who understand that the four cornerstones of the American political psyche are (1) emotion substituted for thought, (2) fear, (3) ignorance, (4) propaganda.
Why had the working class so plainly voted against their own interest? And will they do so again?
I am standing in the checkout line at the Food Lion. The lady in front is telling the clerk how her church rallied to buy her and Eddie a secondhand truck after theirs was repossessed: "It only needs a front tire and new brakes." "Praises be to Him!" exclaims the clerk, as if God had come down to personally deliver the 1990 Toyota himself. Obviously they are all born-again. The wife grabs up her purchases, a sixer of Diet Pepsi, a carton of Little Debbie Cakes, and moves on to the door.
Behind me are four or five other customers who could be their doubles, overweight, cheap clothing, looking as though they'd been shot at and missed, and shit at and hit, each of them with his or her own assortment of money, health and legal problems. The fact is, liberals and working people need each other to survive the growing economic calamity delivered to us by the regime that promised to "run this country like a business." The left must come face-to-face with Americans who do not necessarily share all of their priorities especially with Americans who have not been voting."
So I sit here watching fat Pootie in a T-shirt that reads: ONE MILLION BATTERED WOMEN IN THIS COUNTRY AND I'VE BEEN EATING MINE PLAIN! That this is not considered especially offensive says all you need to know about cultural and gender sensitivity around here. And the fact that Pootie votes, owns guns and is allowed to purchase hard liquor is something we should all probably be afraid to contemplate.
The Nazis gave the German people the Jews to hate. The Republicans have given the American people the gays and Muslims to hate."
~Joe Bageant -- "Deer Hunting With Jesus"
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Geither had just been appointed in 2008, and it sounds like he gave reasonable advice. There is no
pnwmom
Jul 2012
#14
1) NY Fed knew for at least a year before any sort of memo was sent. 2) Nothing was said publicly.
leveymg
Jul 2012
#51
Where have you pulled "he discovers that Barclays is not giving accurate information" from?
muriel_volestrangler
Jul 2012
#32
But the OP gives the distinct impression that you think the article indicates he did something wrong
drm604
Jul 2012
#12
The $200 billion bail-out for predator banks and Spitzer charges are intimately linked
midnight
Jul 2012
#27
new WaPo headline: Geithner made recommendations on Libor in 2008, documents show
maddezmom
Jul 2012
#37
Yep, that was a better headline, more information with the same conclusion...
MrMickeysMom
Jul 2012
#41