Citibank predator will be the next Treasury Secretary
1.10.2013 4 Comments
Barack Obama, the Nobel Laureate, has now officially presented Jack Lew to be his next Treasury Secretary. Lew, currently Obama’s Chief of Staff, would replace Timothy Geithner, a tool of big finance capital. Can we expect Lew to act in the general interest? No, he too promises to be a tool of big finance capital:
President Barack Obama’s choice [of Lew] to lead the White House budget office oversaw a Citigroup unit that profited off the housing collapse and financial crisis by investing in a hedge fund king who correctly predicted the eventual subprime meltdown and now finds himself involved in the center of the U.S. government’s fraud case against Goldman Sachs.
Lew also broke a Graduate Student’s union while working for New York University and before betting against American citizens while at Citigroup.
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All Tied Up and Nowhere to Go 
If you had to hunt the nation high and low to find a worse person than Turbo-tax Timmy, you’d eventually turn over a rock and find Lew peeping up at you.
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A nice guy, fur sure. His working hard and successfully to break a Graduate Student’s union only adds to his luster. Student TAs, along with adjuncts, are superexploited members of the professional fraction of the middle class. Their imposed poverty enables a university like NYU to gobble up more real estate in the expensive downtown market and to pay its top administrators tony salaries.
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Well, thanks for the extra, extra info on Lew. If there’s one silver lining here it’s that the internet’s all-seeing-eye doesn’t let these people get away with obscuring their past.
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NP!
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