Democracy is a form of government that substitutes election by the incompetent many for appointment by the corrupt few. - George Bernard Shaw

Posts Tagged ‘John Stewart’

Timothy Geithner can’t sell his own home

Thursday, July 30th, 2009

Last night on the Daily Show, John Oliver did a great segment about how United States Secretary of the Treasury Timothy Geithner can’t sell his own house. The story goes that Geithner bought the home in 2004 for 1.6 million dollars. He then tried to list the house in early 2009 for 1.635 million. This would be fine and dandy if the US housing market had not fallen 30% over the course of the last year. Quote of the day: “Whoever owns this home obviously knows nothing about finance.”

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