Tim Geithner’s new bailout plan, TARP 2: Financial Boogaloo, has received the most scathing response possible: Jim Cramer says it is a good idea.
And you know what’s ironic? I think that with this plan, [Geithner]’s actually got it right. The press, the pols, the Wall Streeters—they are all dumping their golden boy just when he’s figured out how to solve the most intractable set of financial woes since the ones that landed on FDR’s desk 76 years ago.
This plan is going to fail harder than a New Orleans levee. Thanks a lot, Jim.
Cesar Cardoso // Feb 13, 2009 at 9:08 am
Geithner and Obama shoud be scared of Jim Cramer’s endorsement. VERY scared.
South Park // Feb 13, 2009 at 9:38 am
TIMMY!
Lolo, ESQ // Feb 13, 2009 at 10:54 am
OMG why doesn’t LOLFED cover the walruses playing instruments they keep showing on CNBC every morning!!!!!!!!!!!!!!!!!!
Jason // Feb 13, 2009 at 11:07 am
OMG I do not possess enough self-loathing to subject myself to CNBC first thing in the morning!!!!!!!!!!!!!!!!!
Lolo, ESQ // Feb 13, 2009 at 11:17 am
I know alyx does!!!!!!!!!!!!!!!!!!!!!!!!! It is seriously annoying, they have these walruses playing something that looks like a bass clarinet and it sounds awful. And they keep playing the clip and LOL LOL about it.
Jason // Feb 13, 2009 at 11:33 am
This does not make me want to watch CNBC any more than I already didn’t.
Lolo, ESQ // Feb 13, 2009 at 11:49 am
they said on tuesday they have footage of one of the walruses playing solo and they will show it at 7:45am!
alyx // Feb 13, 2009 at 12:17 pm
I have never seen the walruses but it is rare for me to be out of bed before 8AM so that might explain it
scurvy // Feb 13, 2009 at 12:57 pm
Just like this plan, NOLA’s levees were designed and certified by the federal government. Rock on retards.