Hey, is that Tony Soprano's buddy sitting next to Treasury Sec. Geithner?
Here’s a pretty interesting blog post we found over at newsvine.com. With all the controversy surrounding government bailouts and control of corporations we thought you might like to read this opinion on why the government should bailout the NFL. And please, before you heeve the comments our way, know that this is written in satire.
Over the last few months, as our country navigates through turbulent waters of this Recession, the Federal Government has conducted some unprecedented moves – increased deficits spending, bailouts, and increased unconstitutional powers to the Department of Treasury.
On the heels of the forced retirement of CEO Rick Wagoner of GM, Secretary Timothy Geithner has acknowledged recently on “Face the Nation” on CBS that the Federal Government should have the option to purge any directors or senior management of financial institutions that received aid from the Federal Government – “Where that requires a change in management and the board, then we will do that” states Geithner.
Wow! Now that is power. Maybe Geitner and the Federal Government need to take this power to the next step by beyond struggling financial firms and auto companies, but to all areas of the economy. My first suggestion would be for them to start with the National Football League.READ MORE
