I’ve been through numerous corporate change programs, all well intentioned and motivated to make the companies more profitable. Few had any impact at all.

For somebody to think they can design a new system for the world financial markets is really the height of arrogance.

The risk of an explosion is about 100 times more likely than the chances of improvement. Sarbannes Oxley is a good example. Many people think that legislation contributed to the meltdown, and it was a relatively minor effort to improve the transparancy of corporate finances. It has also increased business’s costs by tens of billions of dollars. That’s money that could have been invested in useful products or been paid to employees.

“We run an economy that relies on the market. But basic protections failed, and supervision didn’t do what it was supposed to. Compensation overwhelmed those basic checks and balances. We want there to be risking taking in our economy, but within a framework of better protection.”

“We should be able to design a system where there is more clarity about the rules of the game,” he added.

An ego that is required to make statements like these is hard to fathom. Working for a large corporation, I understand what an enormous undertaking it is to change a single organization – and there is a substantial risk what you end up with will be worse than what you started with.

Tiny Tim Geithner, a lifelong bureaucrat, talks like he is going to sit down with the community agitator over lunch and redesign our 13 12 trillion dollar economy.

The axiom ‘first do no harm’ is foreign to Obama and his clown posse.

I think you’re right.

Great point(s)!

What in the hell is this monkeyspooge talking about, “the path to fixing the economy does go through health care at some point.” …???????? How can spending trillions more and destroying our healthcare system help the economy. Timmy needs an economics lesson.

VoR has a great point about the 2 years. If I believed in conspiracy theories this sure fits as one. What am I talking about, hell this IS a conspiracy?

Things are happening too fast and the damage being done will take years to reverse, if it can be reversed at that. We need to do something and quick.

I work, I get paid. I pay taxes and the government distributes my taxes as it sees fit. As many of us income recipients, we must submit to drug testing & must pass a random urine test in order to secure & retain income from the employer.

But what about Welfare recipients? Shouldn’t one have to pass a urine test to get a welfare check because I have to pass one to earn it for them?

Please understand, I have no problem with helping people get back on their feet. I do, on the other hand, have a problem with helping someone sitting on their ass – doing drugs, while I work. . . . Can you imagine how much money each state would save if people had to pass a urine test to get a public assistance check?

Hence the ‘Urine or You’re Out’ Welfare Reform Act of 2009.

(PS: The writer is annonymous sent to me by email. Better than the RB Immigration Reform Act of 2008 don’t you think?)

Yep, that’s the problem. You, drooling Barney, OSorosAcron, and the Fed ran the economy into the ground.

But you kind of enjoy being king and being able to get away with your lies and criminal actions, don’t you? How much taxes has the dart board said this year for you, Timmy?

If you wanted to correct the problems, which you don’t, you would get out of the frigging way, instead of qaudrupling down by destroying the best health care system in the world, which by the way, doesn’t need to be fixed. The only reason people think it needs to be fixed is because government a) screws it up and b) shouts from the rooftops 48×7 that it’s a disaster caused by somebody else.

Steve,

You want to know what the two years in was about? Think back to what happened just over two years ago in January of ’07.

I think he let slip a VERY telling tidbit there. I think all of this mess truly has been two years in the making. I think the left worked long and hard exercising their Cloward-Piven muscles after January ’07….actually they have been at it since before FDR, but anyways……..they got the crisis they needed to get their man in the WH. With a complicit media and lazy electorate, they managed to put their guy in the WH and now all of a sudden everybody is going, “WTF??!?!?!?!? What in the world is going on?????”

I think Timmy got taken to the woodshed after this one……especially if anyone else puts the pieces together.

So what happened in Jan. “07 that VoR thinks Timmy mistakenly alluded to here………Dems take control of Congress.

I would ask ANYONE who doubts, look at the state of the economy in December ’06 compared to December ’08 and tell me what was different. And what was the matra all last election season and continues to this day?? Bush screwed the pooch and we are just picking up the pieces.

Well that works on their lickspittles because they don’t understand how govt. works and think the President makes law. Now Bush has my ire for not wearing out his veto pen…..but that is another story. So do congressional repubs for screwing the pooch when they had the keys to the kingdom and leaving even a crack in the door that these cockroaches could skulk in under.

But truth be told….this all began to come apart when dipstick Americans, listening to Pelosi Galore’s non-stop blathering about culture of corruption, put these assclowns in power. History will bear this out but will it be too damn late for us when it does finally come to light who sent us carreening off the cliff.

Anyway…..that’s my opinion. For what it’s worth.

God bless,
VoR