Tag: Timothy Geithner

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Geithner Gets Morgan-Chase Gravy

Timothy Geithner (left), then Treasury Secretary, meeting with President Barack Obama in the Oval Office. (White House photo)

Despite the 2008 Wall Street crash and government promises of reform, the old back-scratching ways of special favors and influence are again in vogue ‚Äď as if they were ever out of style, writes JP Sottile.

The ‘Anti-Knowledge’ of the Elites

Coffins of dead U.S. soldiers arriving at Dover Air Force Base in Delaware in 2006. (U.S. government photo)

Exclusive: It’s fairly easy to spot the “anti-knowledge” spouted by the Tea Party and the Religious Right’s favorite¬†candidates, but a more subtle form of reality-deprived “group think” pervades America’s elites though it is rarely noted in the polite circles of…

America’s Surge Toward Oligarchy

Timothy Geithner (left), then Treasury Secretary, meeting with President Barack Obama in the Oval Office. (White House photo)

Exclusive: With the rapid concentration of wealth in a few well-manicured hands and the right-wing U.S. Supreme Court declaring money to be speech, the American surge toward oligarchy has gained what looks like an unstoppable momentum, as JP Sottile explains.

Will ‘Too-Big-to-Fail’ Banks Fail Again?

Timothy Geithner (left), then Treasury Secretary, meeting with President Barack Obama in the Oval Office. (White House photo)

Despite Wall Street’s booming recovery, Main Street continues to struggle with high unemployment and low wages, making another bust more likely. And, the “too-big-to-fail” banks may be more vulnerable than they appear, writes Danny Schechter.

Obama’s Challenge at Treasury

With Treasury Secretary Timothy Geithner planning to step down, President Obama is faced with an important appointment. Much of Official Washington wants a “deficit hawk,” but Obama and the country would be better served by someone who cares more about…