General Discussion
In reply to the discussion: Matt Taibbi is a lying piece of shit (link) [View all]sabrina 1
(62,325 posts)Iceland had no problem prosecuting their crooked Bankers and Politicians, taking over the banks, going through a bit of a rough period, but now because they respected the Rule of Law, people know corruption will not be swept under the rug in that country and it is the ONLY country affected by the Global Meltdown, which is now in recovery. The law works, you have to have faith in it.
Geithner refused to answer Elizabeth Warren's questions regarding who was receiving the bailout money, AND why the money set aside to help people stay in their homes, Obama's program iow, was being held back by him.
He was quite angry that she dared to even ask about the people's money. He acted is if it was his money. Watch those exchanges between Warren, who Geithner clearly despises, sometime and tell me that Geithner should be trusted with our money. Obviously Elizabeth Warren had serious questions about that.
Geithner is now implicated in the LIBOR scanda. He also was a tax cheat, these things are facts. I do not want a journalist to ignore facts, we need the truth in order to have a society that works.
If someone commits a crime, there should be consequences. Otherwise we live in a lawless society, which many people are beginning to believe we do, at least for Wall Street. This doesn't create much confidence in this country's economy.