Geithner seeks dictator’s role

March 24th, 2009 admin

That novay Bolshevik Timothy Geithner, the man Obama has likened to a faultless economic messiah, has somehow managed to make some deadly accurate statements as of late.

The AP is reporting that:

Treasury Secretary Timothy Geithner said Monday that the severe banking crisis shows the U.S. financial system failed a major test and is in need of an overhaul.

Geithner told a Washington conference that the Obama administration plans to work with Congress to put in place a stronger, more stable system with a modernized government regulatory structure.

“Our system basically failed its most fundamental test,” he said in remarks to a conference sponsored by the Wall Street Journal. “It was too fragile.”

Spot on, Tim! If you meant any of that in a real-world, spot-the-obvious, why-is this elephant-in-the-room sort of way, well, you’d be asked to give your Workers of the World Unite card back. In reality, those truly interested in economic recovery do not find themselves in an alliance with Mr. Geithner.  Rather he is laying new ground in the field of logical fallacies.

Coming close and missing by miles has become a recent trademark for Geithner:

In his appearance Monday night, Geithner said it was critical that the government make the needed reforms.

“The world is watching us to see if we have the will and ability to fix this,” he said.

He called it a “terrible, tragic thing” that the country did not have better tools such as the power to take over major institutions when the crisis hit with force last fall.

The terrible tragedy is that the country is not in possession of more than one leader willing to try freedom for a change.  The travesty of ignorance or deliberate sabotage is that Obama, Geithner, & Co. are hard at work blaming the free market for the ill-effects of central banking, state-created boom and bust cycles, absurd regulations, and forced loans made with easy money and baseless credit.

They might as well hang the Kennedy assassination on the Magna Carta, and ban the NYSE to ensure future political murders are rendered impossible. To the new destroyers at the helm the best way to combat a raging inferno is to pay the original arsonist to set more and larger fires, ensuring complete destruction.

The proper “actions” and “reforms” government should take are simple and easily calculable: slash spending, and get the hell out of the way.  But this administration has thus far declared war on logic, and have raked over the breadcrumbs that lead from this crisis to the childish government that left them as it seeks out fear-induced demons to slay with the gavel of declaratory idiocy.

With a messianic president and his angelic guard swearing to the existence of Freedom Phantoms that feed on the flesh and prosperity of the nation, the salvation of reason can only be found in action: a concerted and heart-felt promise to replace any reactionary idiots in either House of Congress who assist with the de factco transformation of the once great Republic into a socialist cesspool of abject poverty.

Comrades Obama and Geithner must be made aware that runaway government, not the free market, caused, and worsened this crisis, and that only capitalism, not corporatism, socialism, or a fundamental and overt shift toward European-style soft Marxism, is capable of righting the ship of American economic power.

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