Eh, Tim, If Only You Had Chosen Phil Gramm, Then You Could Have Been Wrong AND Bipartisan …….

geithner1

A bunch of us Obamanites thought once Barack was President we could stop worrying about the executive branch continuing to double down on failure.

Boy, were we mistaken.

Tim, nothing screams “I live in a distorted world of entitlement” than choosing Neal Wolin as your number two.

Mr Wolin has the dubious honor of helping to birth the Gramm-Leach-Bliley (GLB) Financial Modernization Act, which uleashed the orgy of mergers of banks, insurance companies, and brokerage firms.  These mega-corps–think AIG– pioneered the “financial innovations” which have brought the world economy to its knees.

Nice work, Wolin.

Published by

bibo

After successfully crash landing in the Pacific Northwest, Bibo decided to take advantage of the low interest rates and gamble on the Seattle housing market. The god monster with some intelligence now resides somewhere in North Seattle.