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While I wonder that Obama-haters didn't jump on this one yet, in an interview between Bill Moyers and William Black, Mr. Black claims that Mr. Geithner is violating a law that requires him to let fraudulent/broke institutions fail.
According to Mr. Black, Mr. Geithner ignores the law and...
Even if I didn't lose any money in the current crisis, the interview between Bill Moyers and William K. Black made me quite angry about the scope of WTF was - and according to him - STILL IS going on behind the scenes:
Excerpts:
Full Interview...
I believed the President and all the politicians when they told us that we just had to prop up the failing financial institutions with billions of taxpayer dollars. It was just too big, and too wide reaching, that all kinds of pandemonium would erupt if we didn't band together behind our poor...
Link
The story doesn't mention that tax cheat Charles Rangel is the chairman of the House Ways and Means Committee, "the panel that writes U.S. tax law."
Actually, the title of this thread is slightly misleading. Can you tell why?
Lookie here. Not only a tax cheat, but he was getting the money to pay the taxes. The honest mistake story isn't going to cut it. Remember Zoe Baird?
Geithner Accepted IMF Reimbursement for Taxes He Didn’t Pay
Don't let the door hit you on the way out.
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