• 28 Sep 2009 at 10:48 AM

Tim Geithner Believes People May Have Finally Learned Their Lesson

By Greg Michaels

Tim Geithner.jpgWith the conclusion of the G20 summit, it’s time for the participating leaders to take a bow, high-five one another and bask in the glow of all that can be accomplished in a two day summit. We’ve got the whole bonus thing under control now. We all agree that we’re in this battle together. And then there was Tim Geithner’s revelation that some of the culprits for the past few years’ worth of pleasantness are now are on the straight and narrow.

After “a long period of time living beyond our means, you see people already changing behavior,” the Treasury chief said in Pittsburgh. “That’s one reason why we can stand here today and express some measured optimism about our capacity to put in place a more sustainable recovery.”

Indeed, this is nothing short of miraculous. Faced with an endless supply of federally created programs designed to get people to buy something, anything regardless of their current financial situation, the fact that an unemployment rate of (almost) 10% has scared a few more people into saving is a landmark victory.
G-20 Plans to End ‘Financial Balance of Terror’ After Summit [Bloomberg]

Comments (48)

Newer Comments
  1. 1
    Posted by guest | September 28, 2009 at 10:54 AM

    Buy my house please.
    -TG

  2. 2
    Posted by guest | September 28, 2009 at 10:54 AM

    Greg, two of your little blurbs in a row is too many. Where’s Bess?

  3. 3
    Posted by guest | September 28, 2009 at 10:55 AM

    Greg – you really need to atone today.

  4. 4
    Posted by guest | September 28, 2009 at 10:56 AM

    Greg, you are now a man.
    Dennis Kneale

  5. 5
    Posted by guest | September 28, 2009 at 11:00 AM

    He’s Magically Delicious!

  6. 6
    Posted by guest | September 28, 2009 at 11:06 AM

    “are now are on the straight and narrow”
    Dyslexic.
    “Faced with an endless supply of federally created programs designed to get people to buy something, anything regardless of their current financial situation, the fact that an unemployment rate of (almost) 10% has scared a few more people into saving is a landmark victory”
    Incomprehensible.

  7. 7
    Posted by guest | September 28, 2009 at 11:07 AM

    Greg, don’t buy me a flashlight and tell me it’s for emergencies only.
    -Grandma Michaels

  8. 8
    Posted by guest | September 28, 2009 at 11:09 AM

    Greg, did you eat Bess?

  9. 9
    Posted by guest | September 28, 2009 at 11:13 AM

    But did Timmay learn his lesson about paying taxes?

  10. 10
    Posted by guest | September 28, 2009 at 11:15 AM

    Bess is atoning today.

  11. 11
    Posted by guest | September 28, 2009 at 11:17 AM

    @8 – i guess you’re not familiar w/ Jewry holidays.
    Please take note.
    B^L Impostor, GM.

  12. 12
    Posted by guest | September 28, 2009 at 11:17 AM

    @10
    Foremost among her sins, hiring Blanus.

  13. 13
    Posted by guest | September 28, 2009 at 11:18 AM

    I love you, Greg.
    - Rachel – UMich, Blanusology

  14. 14
    Posted by guest | September 28, 2009 at 11:21 AM

    Greg, come give me a blumpkin.
    -Geit

  15. 15
    Posted by guest | September 28, 2009 at 11:27 AM

    Greg,
    Happy Passover!
    Mitch Cumstein

  16. 16
    Posted by guest | September 28, 2009 at 11:37 AM

    I wish I was Jewish so that I can have all these extra days vacation.

  17. 17
    Posted by guest | September 28, 2009 at 11:45 AM

    To whichever bank fired Greg:
    PLEASE hire him back.

  18. 18
    Posted by guest | September 28, 2009 at 11:45 AM

    I wish I were Jewish so I could bang Bess.

  19. 19
    Posted by guest | September 28, 2009 at 11:49 AM

    Yummy Kipper – the deadliest catch.

  20. 20
    Posted by guest | September 28, 2009 at 11:58 AM

    is eating bess snatch cool while i yom yom the day away

  21. 21
    Posted by guest | September 28, 2009 at 12:06 PM

    yom yom yom bess’s kippur.
    CG

  22. 22
    Posted by guest | September 28, 2009 at 12:10 PM

    Greg please get a new pic for TG, that one is getting old.

  23. 23
    Posted by merkin capital partners | September 28, 2009 at 12:18 PM

    DK + 200lbs + hat = MM

  24. 24
    Posted by Pfluger | September 28, 2009 at 12:20 PM

    Why the hell does CNBC dignify MM with an appearance?
    Amazing. Its bad enough that they have CG.

  25. 25
    Posted by guest | September 28, 2009 at 12:21 PM

    @2,8 You’re so clueless a position in Equities in Dallas would be a revelation. Perhaps you come from truck brokerage in Des Moines?

  26. 26
    Posted by guest | September 28, 2009 at 12:21 PM

    I wish MM would eat DK and Tits Cabrera for lunch

  27. 27
    Posted by guest | September 28, 2009 at 12:21 PM

    @16 – How many federal holidays are Jewish? Zero. Christians get Good Friday, Christmas and New Years. Jews have to burn vacation days for their holidays.
    Get an education.

  28. 28
    Posted by guest | September 28, 2009 at 12:24 PM

    @27

  29. 29
    Posted by guest | September 28, 2009 at 12:25 PM
  30. 30
    Posted by guest | September 28, 2009 at 12:35 PM

    Um, 27:
    Good Friday = not a federal holiday
    New Years = a pagan holiday, not a Christian one
    1 out of 3 ain’t bad though.

  31. 31
    Posted by guest | September 28, 2009 at 12:48 PM

    @27 – You lie!

  32. 32
    Posted by guest | September 28, 2009 at 12:53 PM

    @27, go play with your dradle, fucking jackoff

  33. 33
    Posted by american bandersnatch | September 28, 2009 at 1:18 PM

    @29 – That was concise.

  34. 34
    Posted by guest | September 28, 2009 at 1:24 PM

    #29 FTW

  35. 35
    Posted by guest | September 28, 2009 at 1:26 PM

    I’m with 29 — got nothin.

  36. 36
    Posted by guest | September 28, 2009 at 1:49 PM

    @29 – Best comment ever!
    AmericanBanderSnatch made me laugh

  37. 37
    Posted by guest | September 28, 2009 at 1:59 PM

    -29

  38. 38
    Posted by NakedShort | September 28, 2009 at 2:06 PM

    I am still pissed that Columbus Day has been relegated to just another day. Its a widely known, undisputed fact that the man discovered America, we could at least take the day off work to celebrate.

  39. 39
    Posted by guest | September 28, 2009 at 2:09 PM

    @naked what are you talking about? the stock market is closed for columbus day. you do have the day off.

  40. 40
    Posted by NakedShort | September 28, 2009 at 2:11 PM

    @39 bond market and post office are closed. Stock market is wide awake come Columbus Day.

  41. 41
    Posted by Anal_yst | September 28, 2009 at 2:26 PM

    The inability of some people to google “nyse calender” is truly remarkable.
    That being said, yes, most firms make us heebs burn a vacation day for the high holidays, which is awesome, standing around all day listening to the cantor drone on and on, great fun I tell you.

  42. 42
    Posted by guest | September 28, 2009 at 2:34 PM

    What is a Jewish Holiday?
    Turkish Surprise

  43. 43
    Posted by Tax Chick | September 28, 2009 at 2:42 PM

    @Anal
    And starve… you left out the starving part. What a sweet deal you have?!

  44. 44
    Posted by guest | September 28, 2009 at 3:31 PM

    @Anal, FYI, Goldman Sachs allows 5 extra days for religious observances.

  45. 45
    Posted by guest | September 28, 2009 at 3:57 PM

    @42 What is turkish surprise?
    The real Turkish Hottie

  46. 46
    Posted by guest | September 28, 2009 at 4:05 PM

    This prick is a liar, just look at his pointy nose.

  47. 47
    Posted by guest | September 28, 2009 at 4:43 PM

    Just TG trying to make people feel better so they will buy his house.
    Just another guy talking up his book

  48. 48
    Posted by guest | September 28, 2009 at 5:23 PM

    RUN ON THE BANK list that every USA citizen from 18 years old must see before December 2009.
    http://www.mkapital.com/id45.html

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