Monday, January 14, 2013

Geithner's Accomplishments

Ryan Chittum of Columbia Journalism Review doesn't think much of Geithner.  Geithner did nothing for the housing decline;  HAMP spent only $4 billion of its $50 billion war chest.  He thought that deficit reduction and austerity was more important than jobs.  He opposed breaking up the too-big-to-fail banks.  He was against the Volcker Rule and lobbied against Elizabeth Warren.  He fought for allowing the banks to do whatever they felt like doing.


Timothy Geithner - Caricature
Timothy Geithner - Caricature (Photo credit: DonkeyHotey)
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