Timothy Geithner Has Failed

RUSH: Let’s grab a couple phone calls. Where we going to start, Snerdley? New Paltz, New York. This is Ruth. Ruth, great to have you on the EIB Network. Hello.

CALLER: Hey, Rush.

RUSH: Hi.

CALLER: I promised Snerdley I would stay on point, so without my teleprompter, here it goes. One statement. You were brilliant at CPAC, during your first national address to our nation, and one question. Why doesn’t this new head of AIG who’s getting, quote, unquote, grilled by the guilty just say, ‘I inherited this. Don’t blame me. These were the bonus rules. What can I say?’

RUSH: Well, it’s worse than that, even. I understand your point. This guy, Ed Liddy, was handpicked by the government. AIG didn’t hire the guy. The government handpicked Ed Liddy and put him in there. He’s their agent. Folks, I’m telling you, it’s a show, it is manufactured. It is manufactured outrage. They’re bringing Liddy up there. He may be a fall guy. But it’s still a show. The purpose of bringing Liddy up there is to save the bacon of Chris Dodd. Chris Dodd, in the stimulus bill, inserted an amendment okaying these bonuses and exempting them. Now Chris Dodd’s out there saying, ‘I didn’t do it, I didn’t do it, Geithner did it,’ or somebody. This is the blind leading the blind. This is Romper Room. We have a bunch of children. The problem is they are in control of trillions of dollars, they’re now in control of several US corporations, and they have no experience whatsoever in running anything that has ever worked, much less made a profit. And yet we sit here and we lionize these people as the great saviors, the protectors. They’re going to make sure we don’t get ripped off by these private sector guys. Ed Liddy appointed by the government. He can’t say he inherited the mess. Besides, President Obama already pardoned him. It happened earlier this week, but they’re going to make a show of throwing the guy to the wolves.

It’s all a show, folks. If Geithner goes, it’s all show. I don’t know if it’s a possibility. I’m not going to get caught up in whether Geithner goes or not. I think that’s to get sucked in. You could put what I care about Tim Geithner in a thimble. All you need to know is the guy’s incompetent, the guy’s a tax cheat. The guy running the Treasury could not fill out his own taxes, and he has purview over the IRS. We’re supposed to sit here, ‘Oh, God, oh, God will Geithner go?’ Do you know what this reminds me of? Early on in the Clinton administration, remember how we all got sidetracked, the FBI, William Sessions, we had to get rid of Bill Sessions. (doing Clinton impression) ‘Must fire Bill Sessions.’ I don’t even remember what it was about. This is all a show. It’s all choreographed and staged. If they get rid of Geithner, they’re just going to put some other goofy egghead nerd Ivy Leaguer in there to run the whole thing again. It isn’t going to change anything. Wake up, folks. I couldn’t care less, it doesn’t make any difference.

BREAK TRANSCRIPT

RUSH: Can we all agree, folks, I called another one, Geithner has failed. Don’t even have to ask or hope — he has failed.