Watch Geithner (Not) Answer House Price Questions Before The Congressional Oversight Panel

Tyler Durden's picture

We are a little late on this one, but there is a hearing in progress in which Tim Geithner is answering various questions by the Congressional Overight Panel on what the impact of the foreclosure crisis will be on home prices. An amusing episode that just occurred was Geithner's unwillingness to answer the simple question of whether foreclosures will result in higher or lower home prices.

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Sophist Economicus's picture

They would have put 'SWEETIE', But it takes up too much space

Fish Gone Bad's picture

Hon is the new term for tax evading Tim.

DaveyJones's picture

I think it's short for Ho Chi Minh

SheepDog-One's picture

That 'Honorable' crap with all these crooks just makes me puke.

Rick64's picture

I second that. It should be "the despicable".

downrodeo's picture

Yeah, i just about spit my coffee all over my keyboard when I saw that. we live in bizarro world.

Miramanee's picture

@ coffee spittage

Lol and agreed. I cannot watch Geithner talk. Nor frankly Obama, as I couldn't listen to Bush either. The fact that they are all lying, all of the time, should be no surprise to anyone. They see lying as central to their work. BUT, the fact that so many people believe them...this I find difficult to bear.

Atomizer's picture

Printing error. Should say Con.

crosey's picture

Tim brought it with him.  Looks like a home-made job.

iota's picture

Oh man, Elves; they're such cheeky little cunts.

jahbless's picture

Henchman Of the 'Nank

ranrun's picture

It is always amazing congress goes to the source of the problem for the solution.

It boggles my mind how much these people talking about demand.  Demand is infinite!  We are 13 trillion in debt and these dickwads think there isn't enough demand?!?!  Maybe we are bankrupt?

SheepDog-One's picture

Theyre confused why those reduced to coolie wages arent snapping up a damn mortgage payment like mad.

Worker Bee's picture

Buuuuuuutttt Timmmyyyy! All us congress critters can afford houses ! Why can't the serfs?

ranrun's picture

the parallels that the institution (south park elementary) thinks timmah just needs some drugs and the normal people (south park students) think it is obvious that he is retarded is amazing.  you couldn't have a better analogy for congress relation to the america people and the country's current situation.

Bagbalm's picture

Honorable? This little weasel couldn't make it as a pimp. His whores would kill him. If they post a video of him dying screaming like a little girl I'll bust a gut watching it. I'd be nastier but it is a public forum.

Mercury's picture

That's the *honorable* Timmmmmaaaaaaaaaaahh !!

Welcome to the recovery everybody.

Rick64's picture

 Never answers a goddamn question always evading and tooting his own horn. This guy can't do his own taxes and he is head of the treasury. Fucking unbelievable.

TexDenim's picture

The doctors should have removed his brain instead of the kidney stone.

Sophist Economicus's picture

One and the same organ in this case



crosey's picture

Tex, just love your avatar.  Want to buy her a box of sweaters.

MachoMan's picture

I was thinking more like a harmonica...

TexDenim's picture

Denise Milani, lots of her photos on the web. She's a doll. And the jugs are real.

eatthebanksters's picture

I googled her...what a pair of funbags!

bob_dabolina's picture

I hope his kidney stones passed safely out of his asshole.

the not so mighty maximiza's picture

Fuck him and his Turbo Tax software.

FunkyMonkeyBoy's picture

The 'Hon.' is an abbreviation for Honest. And, in a world where black is white and white is black, they don't come more honest than Geithner.

LMAO's picture

For those who didn't have the time, here's the summary:

"Erm, heh....emmm"

"I don't know if...erm...ehh"

"I'm not at liberty to discuss...erm...ehhh"

"We had these extraordinary successful stress tests....ermmm, data showing ehhh, great ermm..."

"We cannot legally use...ehrm...ehhhh"

"Law firms ....ermmm, advise....heh..

On top of that (for all you PM lovers) enters "Mr. Silvers" ...what are the odds?!


SilverIsKing's picture

Was it Phil Silvers?  I've always liked that guy.

Confused Indian's picture

WHy FTSE futures plunged all of the sudden with no impact on any other index?

SheepDog-One's picture

Software glitch in the empty market Skynet operating system?

FunkyMonkeyBoy's picture

I can't trade FTSE 100 futures either...


... oh, wait, it's back now. But yes, i did see the FTSE 100 drop approx. 40 points on the close.


Broken as hell this 'market' is, being held together with The Bernank's glue-like jizz.

Racer's picture

Hiding 'Orrible Nasties Tax Cheat Timmay slinks and slimes

goober's picture

Double speak extraordinaire ! These motherfuckers make me sick. I have been in confernce in back room judges chambers where all the lawyers say " we are all honorable men hear" when someone suggest's they are lying in the court procedures and been threatened with contempt more than once? The entire system is a bad fucking joke and there are no honorable men at least not in power! The entire thing is all about money and power/control. Fuck em all. Let's start over tomorrow. Let the prosecutions/executions begin.

ReeferMac's picture

+1 Goober, hang 'em high!

I can't believe there isn't a Baliff or some other authority figure that can lean over and inform Timmah that if he doesn't answer the nice man's questions, he's going to Jail!

yabs's picture

this guy is more of a weasel than the bernanke and thats saying something

He is a bankers gimp

Worker Bee's picture

Obama: Bring out the Gimp.
The Bernank: Gimp's sleeping.
Obama: Well, I guess you're gonna have to go wake him up now, won't you?

Terminus C's picture

Timmeh, " You can't let large financial and auto industries fail in a major financial crisis.  It would cost far too many jobs."


My question to Timmeh is, if financial institutions (major ones) are ready to fail, would that not necessitate a 'financial crisis'?

In other words, is it possible for major financial institutions to be insolvent and not be in a financial crisis?

He essentially admitted that the financial industry cannot be a free market.  The panel completely let that one go...

Makes me want to cry... or kill, not sure which yet.

ExpendableOne's picture

Cry, kill??  Yes!

I used to think these clowns perhaps were some sort of evil all knowing cabal.  Now, it's pretty obvious they are a bunch of evil know nothings in a cabal.

virgilcaine's picture

Beavis look alike..

Kilgore Trout's picture

God bless us every one.

Rick Blaine's picture

+1 to the comments above...

The "honorable?"  He actually gets that title?

Are you $&@^ing kidding me?

It's just more proof that I do in fact live in The Matrix.