Wikinvest Wire

"A living symbol of the Rubinite gangrene"

Wednesday, December 16, 2009

Some comments that appeared here the other day implied that Matt Tiabbi's most recent piece in Rolling Stone - Obama's Big Sellout - didn't have the same sort of "Vampire Squid"-like references that were likely to become indelibly imprinted on the minds of readers.

I stand corrected - the ones in this story just don't appear in the first paragraph.

The point is that an economic team made up exclusively of callous millionaire-assholes has absolutely zero interest in reforming the gamed system that made them rich in the first place.
...
Obama should start on the road back to sanity by making a long-overdue move: firing Geithner. Not only are the mop-headed weenie of a Treasury secretary's fingerprints on virtually all the gross giveaways in the new reform legislation, he's a living symbol of the Rubinite gangrene crawling up the leg of this administration. Putting Geithner against the wall and replacing him with an actual human being not recently employed by a Wall Street megabank would do a lot to prove that Obama was listening this past Election Day. And while there are some who think Geithner is about to go — "he almost has to," says one Democratic strategist — at the moment, the president is still letting Wall Street do his talking.
The fact that Geithner can legitimately say that he's worked in public service his whole life, having embarrassed at least one uninformed elected official over the last year who accused him of being a "garden variety" defender of big banks, makes letting the Treasury Secretary go a bit more difficult than it otherwise might be.

But, when you look at his background, that quality makes him all the more dangerous.

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