Geithner Admitted Administration Sacrificed Homeowners to ''Foam the Runway'' for Banks

[TiberiusB]

96. I disagree

Last edited Sun Aug 4, 2013, 01:58 PM - Edit history (1)

If the administration effectively stepped aside and let the banks write their own legislation, then they get the blame. Of course the legislation doesn't explicitly "sacrifice" homeowners. I can talk all day about firing a gun into a crowded room without mentioning the people that might get hit.

A good deal of my reply was actually aimed at dkf, by the way. I probably should have simply replied to the OP and not you specifically.

But...

If someone wants to try and make a case for why the administration constantly appoints Wall Street friendly slugs to vital positions (Tim Geithner, Rahm Emmanuel, Jacob Lew, Bill Daley, Jeffrey Immelt, Lawrence Summers, and so on), reserves all its populist rhetoric for campaign trails and the occasional press/photo op (cram down, the public option, the bush tax cuts, etc...), and all too frequently does nothing or worse when the actual chips are on the table, I'm all ears. I'm sure there's a "this is reality in Washington" speech out there somewhere.