Both houses of Congress have men in charge of the finance committees who cannot be trusted with control over the nation’s wealth. Consider that this past week Senate banking Committee chair, Christopher Dodd admitted lying about his involvement in aiding AIG in its efforts to reward executives for their part in defrauding the federal government out of $170 billion. And who else aided in that corruption? Former Federal Reserve bank president Timothy Geithner, who now holds the position of Treasury Secretary.

On the House side of Congress there’s the whiny Barney Frank, who cried about being unable to control the Bush administration’s theft of $700 billion that Frank wrote into the bailout bill. As the House Finance Committee chair, Frank allowed half of the bailout cash to be squirreled away weeks prior to the Bush administration’s departure. And then after crying on the shoulder of 60 Minutes’ Leslie Stahl about his inability to control what happens with the cash, he hands over the second half of the bailout monies just as Bush and company were exiting stage right.

And if you think that’s bad, then check out this video I put together to show the depth of the corruption in Congress, in cahoots with the Federal Reserve and Treasury.

Posted on March 22nd, 2009 by MikeGreen
Filed under: The Economy, Truth about the economy

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