CR dug this awesome puppy up:
This was an answer to a question. Geithner was on This Week with George Stephanopoulos, discussing the economy. He was asked a question about how 1.5 million people are going to be losing their unemployment benefits this year (2009, not the next 12 months). Here’s the lead-up to this weasely non-answer:
STEPHANOPOULOS: And that means unemployment will remain high for the rest of this year. At the same time we’re seeing reports that up to 1 and a half million people could be losing their unemployment benefits by the end of this year. Does that mean that the Administration is going to have to look at extending unemployment benefits again?
GEITHNER: I think that is something that the Administration and Congress are going to look very carefully at as we get closer to the end of this year . And that’s going to be one important thing to look at.
STEPHANOPOULOS: We already know that a million and half people are going to lose their benefits don’t we?
They’ve already wasted trillions of dollars and are on the hook for trillions more to our banking and finance and automotive industries.
Where is my 0% interest loan from the government? I couldn’t afford the interest, say, on a loan I got to fix my car to travel to a job (since there are no jobs in my industry within 50 miles of home), if it were at bank rates. If I had billions of dollars, the Fed.Gov would give me a cheap, basically free loan. Since I have zero dollars, the federal government wont give me anything – not even unemployment since I quit my last job two weeks ahead of the whole department getting shit-canned. I’m a male, so I can’t get welfare or medicare or any of that. If I weren’t lucky and surrounded by some really fucking amazing people, I’d've been homeless as of last month (or at the very least would have had to tap my meager tiny retirement savings at a HEFTY penalty and been able to survive a month or two more).
So, Tim Geithner is dissembling. They don’t have any clue as to what to do. They really don’t. They won’t answer that question because they can’t.
They have been wrong every step of the way on how bad things are going to get. Why should we trust them this time? Does anyone have even one reason, other than “They’re the Government?”
At least, so far, we can trust this version of the .Gov to not get us into a useless war for their buddies’ profit.
And why dissembling? Dissembling is a “lie of omission” – he knows what Stephanopoulos is saying is true, but will not admit it. The data is there for everyone to see, they’re just refusing to acknowledge it until after the fact. Keeps up short term hope, prevents people losing confidence in the market right know so Goldman Sachs can keep up it’s profiteering until things go to shit again. Rest assured they’ll be well prepared for the next crash and come out of the pile of shit smelling clean with record profits, record bonuses for bigwigs, and record low taxes payed to the United States that has given them so much.
Tags: bitch bitch bitch, celebrate good obama c'mon!, depression 2.0, failout, lies lies lies, LIES!!, no really we're really fucking fucked this time, trouble in paradise, we're fucked