Geithner to ‘Occupy’ Demands for Action Against Wall Street: Stay Tuned
- Posted on October 15, 2011 at 6:58pm by
Christopher Santarelli
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In a CNBC interview Friday, U.S. Treasury Secretary Timothy Geithner said that the “Occupy Wall Street” protesters who feel no action or charges have been filed against Wall Street for their role in the financial crisis should stay tuned.
“You’ve seen very, very dramatic enforcement actions already by the enforcement authorities across the U.S. government,” said Geithner. Geithner noted that the administration has already put in place new protections for consumers and investors since the financial crisis, and expected to enact more.”I‘m sure you’re gonna see more to come, you should stay tuned for that. But we are taking– we moved very quickly to put in place a much stronger set of rules of the game across the financial sector.”
When asked his opinion on the demonstrations and if he sympathizes with the protesters, Geithner said; “I think what you see is a general sense across the country of concern that the U.S. economy’s not growing faster, you’re not seeing unemployment come down more rapidly, you’re not seeing incomes rise more rapidly.
And people want to make sure that the government, Washington is acting to make things better now.”
POLITICO notes that Geithner’s comments about a new round of “enforcement actions” come as Raj Rajaratnam, the former head of the Galleon Group hedge fund, was recently sentenced to 11 years in prison for insider trading — the strictest sentence ever for that crime.
The Washington Post reported Friday that the President and his reelection team plan to use Wall Street anger as a political weapon against Mitt Romney and the GOP.
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Comments (61)
momprayn
Posted on October 15, 2011 at 8:33pmThis is great — a manipulating, lying criminal telling the useful idiots he’ll make things more “fair” – LOL
Report Post »Don’t worry – your wonderful nanny Govn’t will take advantage…uh…..care of you (whining little spoiled brats). Uh….(or appear to be anyway). We’re trying to hurry bc we know the nasty, evil, selfish, mean, non-caring capitalistic, Constitutional, praying Repubs. might take over soon (and trying to get this done before they put us in jail). Horrors!!! Thank you for all your help but remember us when you vote (for the Dems – more than once if you can, along with any illegal friends) so we can continue to get this wonderful Utopia – the change we promised to ya asap!!
Yes we can !!!!! All hail Hit….uh…………Obama !!!!!!!!!!!!!!!
poverty.sucks
Posted on October 15, 2011 at 8:41pmWhen you’re up against a struggle
That’s shattered all your dreams
And your hopes been cruely crushed
By Satan’s manifested schemes.
And you feel the urge within you
To submit to earthyly fears
Don’t let the faith your standing in
Seem to disappear
Praise the Lord.He will work for those who praise him
Praise the Lord. For our God inhabits praisee.
Praise the Lord.And those chains that seem to bind you
Serve only to remind you.
As they fall powerless behind you.
When you praise him.
Satan is a liar and he wants to make us think
That we are paupers, when we know ourselves
We’re children of the king.
So lift up the mighty shield of faith
For the battle must be won
Remember Jesus Christ has risen
So the works already done.
Praise the Lord.He will work for those who praise him.
Praise the Lord. For our God inhabits praisee.
Praise the Lord.And those chains that seem to bind you
Serve only to remind you.
As they fall powerless behind you.
When you praise him.
http://www.PeaceWithGod.Jesus.net
Report Post »mad_hatter
Posted on October 15, 2011 at 9:42pmWhat you didn’t think Obama was going to use this to his advantage? Of course he was, he is the master manipulator and worse than that his greatest supporters are the unions. Remember the americanparchment.com video of the union member telling those in a union meeting that they were the ones in control but they were letting the useful idiots be the face of the movement. The unions are softly guiding these protesters the way and the direction they want them. The main reason barely any of them will speak out again Obama. The scary thing is that they are all around the world, even to the point of violence: http://www.americanparchment.com/video/2011/oct/ows_unions_globe.html
When things go sour, we need to be ready to spread the message blaming to right people, the unions and other leftists.
Report Post »Cosmos102
Posted on October 16, 2011 at 1:33am@ Poverty Sucks
I printed out your post. Thank you for the inspiration.
Report Post »Alvin691
Posted on October 15, 2011 at 8:31pmTop-Down on the way
Report Post »the hawk
Posted on October 16, 2011 at 1:25amNOT EVEN CLOSE ! CITIES WILL HAVE TO BURN FIRST ! sO WHAT 50,000 HANGING OUT BITCHIN THE THE STREETS OF 20 CITIES…………..tHATS BARLY a HICUP !
Report Post »the kinda botton up top down inside out Glenn talks about ? This **** aint even close! watch for Europe, and the old western USSR states up the anne by sitting cities on fire, then if theres gonna be a revolution,their gonna have to start burning ,distroying property, assulting people maybe even killing some………Dont take me wrong I pray it never happens ! And believe it wont this fall-winter- but next spring-summer Could and probably get pretty bad ! So dont panic NOW ! PREPAIR ! !
hidden_lion
Posted on October 15, 2011 at 8:21pmI think it is time to pull all money out of the banks before they are seized.
Report Post »roadhog
Posted on October 15, 2011 at 8:12pmTimmy is Own by George Sorass.
Report Post »god
Posted on October 15, 2011 at 7:59pmthey want the market to crash. they want millions to lose their investmants.
Report Post »and if they get their, the media will blame bush.
Defends the TRUTH
Posted on October 15, 2011 at 8:26pmYep, i strongly believe that “THEY” want everything to crash..it would be the great equalizer, end all, excepted those at the top with “GOLD” (Jeorge SoreAss,Al Gore-His groin, & very few wealthy worldwide citizens) Only problem is many useful idiots or not, will perish along the way…Hmmm..maybe thats the whole idea???
Hooked on Capitalism…works for me!!!
Report Post »Fins_2theright
Posted on October 15, 2011 at 7:52pmBut what about those of us who are upset that no action or charges have been filed against this administration. We would go march on something but somebody has to work to pay for all these children to be able to protest.
Report Post »progressiveslayer
Posted on October 15, 2011 at 7:41pmTell us tiny Tim how government will make everyone equal? Just exactly how does that work? I mean without disrupting the friends of the Marxist, crony millionaires & billionaires lifestyles.No,what will happen is the Marxist currently in power will eliminate the middle class to make everyone equally poor you stupid imp.Marxism,communism,socialism does not work,that’s why people flee those types of tyrannical regimes,sadly we have a Marxist in power here,not much longer though.
Report Post »mr.goodvibe
Posted on October 15, 2011 at 10:36pmHe force the fed to print more money so we will all be millionaires!
Report Post »kickagrandma
Posted on October 15, 2011 at 7:40pmPRAY. PRAY NOW without ceasing. ON OUR KNEES for our COUNTRY AND FOR GOD’S INTERVENTION HERE ON OUR BEHALF.
AMERICA, BLESS GOD!!!
May GOD BLESS AND PROTECT YOU, BLAZERS. If we don’t meet here, we’ll see you at HOME.
Report Post »13th Imam
Posted on October 15, 2011 at 7:38pm“And the people want to make sure that the Gubbermint, Washington, DC is acting to make things better now”
NO, Turbo-Tax Timmy, We want you, Barry, Eric, Washington, DC, Gubbermint, the Senate out of our pockets, out of our lives, .Take a years vacation, Take the rest of these theives with ya. Take these OWS fraks with ya also,
Anybody but Barry 2012
Report Post »hauschild
Posted on October 15, 2011 at 7:37pmI’m sorry, but Geithner is simply not of this earth. Has anybody seen a more extraterrestrial set of ears in their life? They appear as if they are independent of his body and they certainly don’t fit the shape of his squash.
When I first saw him, I thought somebody was parodying his likeness. But, man, those are some F’d-up ears!
Report Post »SpankDaMonkey
Posted on October 15, 2011 at 7:31pm.
Report Post »One wonders what Occupies Lil‘ Timmy’s mind?………………
Pike
Posted on October 15, 2011 at 7:28pmThe Obama White House is going to try to channel the “Occupy” movement towards political ends. If you can convince useful idiots at “Occupy” that you‘re succeeding to their demands guess who they’ll want to vote for?
And *suprise*, guess what increased demands on corporations will do? Make things worse… And when you make things worse you’re only going to feed the beast that is “Occupy Wall Street.”
Methinks this does not bode well for America. Heaven help us for we seem unable/unwilling to help ourselves…
Report Post »barber2
Posted on October 15, 2011 at 7:28pmIs it my imagination or is this guy’s nose getting longer ?
Report Post »donh2
Posted on October 15, 2011 at 7:26pmOh My… Looks like scared little timmy has been talking to his Tony finger again….Tony said “remember what Mr Soros told you about the debt… Its just like pictures in a book…It isn’t real.” … http://youtu.be/KH7_P-jmmmg
Report Post »barber2
Posted on October 15, 2011 at 7:25pmUntil the government “investigates” the actions of Democrat politicos like Jim Johnson of Fannie Mae and the Chris Dowd , the senator from CountryWide, there will be no solution to what caused the mortgage fiasco which imploded our economy. This administration tries to hide all of their Democrat vote-buying, capitalism- destroying actions by playing the Blame the Bankers Game. Got the young populists cranked up for their desired “revolution.” Read Reckless Endangerment. It will make your blood boil at the sleazy , sneaky legislative/ czar driven manipulation that the Democrats pulled with their pre-packaged Center For American Progress Written Agenda. The sleazy, sneaky manipulation continues. And the MSM ignores it all.
Report Post »Maidoff101
Posted on October 15, 2011 at 7:23pmDid’nt Timmy the toolbox steal, I mean make His money on Wall St Through G.Saks. When these Useful Idiots figure that out, They soon Be commin for Him too!
Report Post »oitsugina
Posted on October 15, 2011 at 7:21pmTalk about the rooster guarding the henhouse!
Report Post »Snowleopard {gallery of cat folks}
Posted on October 15, 2011 at 7:27pmDo not be suprised if the administration does all of a sudden crush the banking industry and those of Wall Street as well, in order to appease the “useful idiots” into further action. This is one more part of a plan for the transformation of the nation to a full socialist progressive regime.
I think soon enough, mr Obama will declare there will be one national bank, controlled by the Fed’s, and all other banks and credit unions will be fully incorporated into it, for “national, economical reasons…”
Report Post »dsind
Posted on October 15, 2011 at 7:33pmyeah they be tossin’ the banks under the bus…
Report Post »and the idiots will jump for that carrot too!
Thevoice
Posted on October 15, 2011 at 7:41pmSnowleopard {gallery of cat folks} ….You might not be far off ….Does any have the specifics to the financial regulatory act..Part of that was this funding for the new S.S debit card.. basically intertwines government to banking….Just one step closer …
Report Post »Tired of Code Names
Posted on October 15, 2011 at 7:57pmSeriously. This is all a puppet show. The big banks know they are going to be demonized by the Democrats. It’s part of the deal in order for them to make back room deals with the democratic government officials that benefit both of them. Here’s the just of the conversation. Senator/Congessman to very rich corporate CEO….”you keep funding my campaigns and I’ll keep pressing forth legislation and funding etc. that benefits you. Part of the deal is that you must understand that in order for this little rouse to work, I’m going to have to pretend we hate each other and intend to take your corporation down. Get it…wink, wink, wink. Funny how no media outlet points out that the vast majority of the uber rich are democrat supporters. I wonder why?
Report Post »MidWestMom
Posted on October 15, 2011 at 7:19pm“But we are taking– we moved very quickly to put in place a much stronger set of rules of the game across the financial sector.”
Considering how many times this administration has gone around congress to get what they want & how many times they’ve violated the constitution, this is a scary statement.
Report Post »Thevoice
Posted on October 15, 2011 at 7:17pmTake a look at this clip and tell me this isn’t U.S. Treasury Secretary Timothy Geithner http://www.youtube.com/watch?v=ncGHiVKJh0Y
Report Post »UlyssesP
Posted on October 15, 2011 at 8:19pmAnd G. Soros is the dude in the painting.
Report Post »NOBALONEY
Posted on October 15, 2011 at 7:13pm“Not growing faster” Timmy my boy, it’s not growing at all! Time for you, Bernanke, and all the Czars to resign immedialely.
Report Post »CatB
Posted on October 15, 2011 at 7:16pmTheir evil plan is working .. they are DESTROYING IT!
TEA!
Report Post »progressiveslayer
Posted on October 15, 2011 at 7:29pmIt’s all by design,Barry wants to end capitalism that’s the fundamental transformation.Yes the financial sector needs more regulation,since the sec did such a good job at stopping Madoff.The Marxist in chief will regulate businesses out of business, of course with crony capitalism the protected businessmen Soros and Buffet won’t have any problems from the fed.
Report Post »CatB
Posted on October 15, 2011 at 7:11pmLOL … Wall Street isn’t the problem .. GOVERNMENT IS! Geitner is a joke (a bad one on the American people and business) These “Occupy” people should be out in front of the White House and Congress that is where the problem lies. They have done EVERYTHING they can to kill the private sector jobs and add only to government and Union payoffs.
TEA!
Report Post »Micmac
Posted on October 15, 2011 at 7:23pmI second the motion.
NoBama 2012
Report Post »major11
Posted on October 15, 2011 at 7:09pmThese statements coming from a guy who didn’t pay his own taxes. I really trust Timmy!
Report Post »Laus Deo
Posted on October 15, 2011 at 7:06pmLittle Timmy the tool.. I will throw a party the day his a** goes to prison.
Report Post »pscully17
Posted on October 15, 2011 at 7:16pmHere comes the villization of the republican party Onslaught…. The dems ensalved the youth bu coercing them to take on $50k in debt through College Loan BULLCRAP, and now the Countries National Student Loan liabilites have surpassed that of the tota;l credit Card debt. The student Loan debt holdings are at $1TRILLION… think about that folks!!! $1 TRILLION of debt is held by a 17 year demograpichi 17-34 year olds, hold the vast majority of this debt. many, personal accounts are abouve $40k… I personally know 5 people who told me their student lkoan debts were close to 80K. and they laugh. they were told by the acedemia that its NORMAL.. you Need COllege to get a job… the lie is, Not every college degree includes a guarentee of a $70k/per enty level job opening… so here we have College grads totally INTENTIONALLY coerced into enslaving themselves at the ripe young age of 18, to the Government, who now controls 80 percent of that debt… Cue Americorps!! The Government Community Organizing program that offers total college debt forgiveness if you join it— TADA OBAMAS CIVILIAN ARMY.. equally as well funded as the Military… Congratulations folks.. we are now COMMUNIST NORTH KOREA!!!
Report Post »CatB
Posted on October 15, 2011 at 7:17pmParty!!! Sounds good and the day Obama is out also! BIG PARTY!
TEA!
Report Post »AnAmerican111
Posted on October 15, 2011 at 7:06pmGeithner= another pathetic member of OBUMA’s administration!
Report Post »Can you say clueless!
EqualJustice
Posted on October 15, 2011 at 7:05pmIs this guy still around and WHY?????
Report Post »