Tuesday, August 25, 2009

Timmy Geithner Interview with WSJ/Digg

The site that posted this video has a very good accompanying article that you should go read: "Geithner: Auditing the Fed is a "line that we don't want to cross"

The interviewer is from Wall Street Journal, but the questions were submitted and voted on by the Digg community, with the top 10 questions being posed to Mr. Geithner.

Geithner looks extremely uncomfortable with the questions which are much sharper and pointed than what he's used to from mainstream media. (Citizen journalism, way to go! )

He is nervous, fussing with his shirt cuff, obfuscating, evading, lying, literally through his teeth. (He hardly opens his mouth when he speaks.) It is 20 minutes long, but please do watch. We need to be reminded just what kind of people are running the show and why.

Another interesting thing I've noticed: the interviewer looks just as nervous asking these pointed questions. (Maybe he should start asking real questions like these.)

(I laughed hard as Timmy tried to paint the Fed innocent in the creation of the bubbles, blaming every other country but this one. I laughed harder when he defended the ex-Goldman Sachs officials at Treasuries as "great statesmen". I'm sure they are, to be sarcastic. But that was not even the point of the question.)


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