Earlier today, we got a glimpse at the 2007 transcripts of Federal Open Market Committee meetings. As always, the transcripts are replete with "[LAUGHTER]" tags to indicate when the world's most important economic actors broke into giggles while discussing the fate of the global marketplace.
Let's see if Ben Bernanke told any 'Yo Mama' jokes, shall we?
Tags: Ben Bernanke, Economy, Federal Reserve, Timothy Geithner
White House chief of staff Jack Lew is expected to be nominated as Secretary of the Treasury tomorrow, which is notable news for a few reasons.
As the highest-ranking Orthodox Jew in the federal government, Lew's nomination will let conservatives take a break from complaining about Chuck Hagel's supposed anti-semitism to complain about an actual Jew who's somehow part of Obama's shady efforts to enforce Sharia law. If we're very, very lucky, some right-wing moron will make a "hilarious" joke about Jews and money, and we'll get to play the "bigotry or satire?" game all over again.
Most importantly, by nominating a man whose signature would only be acceptable if he was an arm-less man named OooooooO, Obama is finally making good on the right-wing claim that he's debasing the currency:
Tags: Jack Lew, Money, Timothy Geithner, Treasury Department
* Congress is considering doing away with the $1 paper bill and replacing it with a coin. Which is kind of appropriate since the dollar is only worth about a quarter anyway.
* Show me where in the Constitution its says that the Founding Fathers intended for Christian Slater to get to vote to begin with.
* John Boehner appointed Candice Miller to a House chair position. That should effectively solve the Republican's problems with women, don't you think?
* Download our free iPhone and iPad app Indecision Election Companion and join us for our last Peanut Gallery event of the 2012 election cycle. We'll be watching and responding to Timothy Geithner's appearance on CBS's Face the Nation this Sunday on CBS, 10:30 am ET. So, please join us and contribute your two cents. Though, that might be asking a bit much in this economy, am I right?
Tags: Candice Miller, House of Representatives, John Boehner, Money, Timothy Geithner, Voter Suppression
Neil Barofsky, former Special Inspector General in charge of oversight of TARP, has written a juicy new book about the bailout and how it was handled–mishandled, rather, which is where the juicy parts come in.
We got an advance copy of Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street, hitting shelves July 24. So what have we learned about the little (not little) bailout that could (or couldn't)?
Neil Barofsky is kind of a dick. Barofsky's former boss, U.S. Attorney Mike Garcia, had this to say about his employee's appointment as SIGTARP: "You can be kind of a dick sometimes, and they needed someone who could be kind of a dick."
Tim Geithner is a dick. Here is a partial list of words and phrases Barofsky uses to describe Tim Geithner and/or Tim Geithner's actions: "brusque," "bizarre," "sweaty," "twitchy," "utterly dismissive." Alas, the world may never know how Neil Barofsky really feels about Tim Geithner.
Tags: Banks, Books, Chuck Grassley, Economy, Elizabeth Warren, Indecision Book Club, Neil Barofsky, Obama Administration, TARP, Timothy Geithner
Download it here and join us this Sunday as we watch Treasury Secretary Tim Geithner on Face the Nation. It's just one of the perks you'll get, along with blog posts and daily Snap Shot galleries. See you Sunday — think of it as watching CBS News with a friend who can't mooch your Girl Scout cookies, even if you leave the room.
We don't know how to make our app do that.
Photo by Spencer Platt – Staff/Getty Images News/Getty Images
Tags: Election Companion App, Timothy Geithner