|
Tuesday,
December 16, 2008
(Cont'd from
above)...
Jim (cont'd):
Tim Gaithner, New
York Federal Reserve
President
Tim Gaithner, for
his incredible work
in failing to
regulate Lehman
Brothers in his role
as president of the
New York Fed,
spearheading the
effort to let it
fail... by far the
worst single
decision made by the
government
throughout this
whole mess... and
then, in a brilliant
move of calculation,
getting everyone to
blame it all on
Paulson and
Bernanke... Hey,
when this guy says
that he's got your
back, he means that
he's going to bury a
knife in it...
Treasury
Secretary, Hank
Paulson
Hey... Treasury
Secretary,
dissembling Hank
Paulson... for
spending most of the
year for telling us
that the
fundamentals were
indeed sound... and
then telling us that
he do one thing with
the TARP money, and
then doing another.
Now, I would not
trust him with a
mortgage on
Oriental, let alone
Baltic...
SEC Chairman,
Christopher Cox
And finally... yes,
Chris Cox... the
chairman of the
SEC...
▼ ▼
▼ ▼
▼
Now, the other
nominees all have
exhibited some
redeeming
qualities... They've
made mistakes...
their judgment, at
points, has been
flawed... There were
times when I really
would have preferred
to have the Three
Stooges running our
economic policy,
instead of Gaithner,
Paulson and
Bernanke, even
though the Three
Stooges are dead...
Although, again ...
after today,
Bernanke has more
than cleared
himself, showing
genuine good
judgment... the very
opposite of what we
look for in a Plaxy
award winner... or
even in the Mr.
Congeniality,
Antonio Pierce
consolation prize...
And, neither
Gaithner nor Paulson
come close to Chris
Cox, a man whose
single-minded
devotion to
protecting and
sheltering short
sellers at all
costs, including
your 401(k), has
made capitalism's
enemy number one...
Cox has done more to
destroy wealth than
Mao and Stalin put
together...
So, with charity for
all and malice
toward none -- just
like Cramer Idol,
Honest Abe -- it is
my humble duty to
present the first
annual Plaxy Award
for fabulous
judgment, below and
well short of the
call of duty...
The envelope
please!...
And the award goes
to... Chairman
Cox!...
Unfortunately, he's
not here to
accept... so I'll
have to accept on
his behalf...
▼ ▼
▼ ▼
▼
The Bottom Line!:
Christopher Cox...
congratulations.
You're the first
ever winner of the
Plaxy award for
truly stellar
judgment... and I
say that as
sarcastically as
possible. Mr. Cox,
maybe you should
consider spending
more time with your
family... holiday
season and all...
Even as I am sure
that Obama will get
rid of you fairly
soon. In my opinion,
that day can't come
soon enough.
Read Jim's next Segment
here
|
