Friday, January 13, 2012

One must stay together within one's tribe:
An array of Republicans and conservatives — including some of Mitt Romney's sharpest critics — rushed to the GOP presidential front-runner's defense Thursday to counter efforts to paint the former venture capitalist as a job-killer.
But it is a pretty big, broad and long-standing tribe, immune from repercussions:
The desperation of homebuilders was a running joke among top Federal Reserve officials during the waning phase of the housing bubble in 2006, according to transcripts released Thursday...“We think the fundamentals of the expansion going forward still look good,” Timothy F. Geithner, then president of the Federal Reserve Bank of New York, told his colleagues when they met in December 2006.
Finally the bipartisanship of the wealthy. [cross-posted at Flickr.com] (pic via Vagabondblogger at flickr.com)

3 comments:

Montag said...

Virtually by definition these are people who do not admit to mistakes, nor admit to being wrong, nor accept responsibility, even as they're stumbling through the wreckage.

It might just be the signature position of the modern American politician.

sukabi said...

Montag, judging from the state of the world's economy and it's individual countries attempting to starve their deficits to death I'd say it's THE signature position of the wealthy & powerful the world over.

pansypoo said...

raders do very well after disasters, of course goldman sucks has created a global finacial disaster when they fixed things for greece. WEEEEEEEEEEEEEEEEEEEEEE.