January 16, 2010 -- In light of the recently exposed emails by Geithner and company, taxpayers can only ask, “Will Barak Obama grow some balls and dump this shady son of a *%/>!? Who is Obama working for anyway? Time to throw these bums out in the street! And Barney Frank too!”

The emails by Geithner's New York Federal Reserve showed an intent to defraud the U.S. population, while spending taxpayer money to bailout fat-cats. The issue raised, was that the New York Federal Reserve instructed AIG to cover-up how government-issued bailout funds were used: to buy worthless assets from banks and financial institutions, including internationally, at 100 cents on the dollar. Geithner himself admitted, “That was a hugely consequential decision, a very offensive decision to most people. Deeply offensive to me, too. But it was necessary to do.”

Has this saved any jobs? Would we have had a financial meltdown if we didn't do it? Not if we had taken economist Lyndon LaRouche's advice, and put the financial system through bankruptcy reorganization, while creating a firewall against further disintegration by freezing foreclosures. Instead, this policy prevented a real solution from occurring, prolonging the blowout and resulting in more job losses. The $1.4 quadrillion of global derivative debt could not be saved by printing money, so this bailout was a hopeless attempt at saving a corrupt, worthless Wall St. system.

Attached to this AIG bailout, is Obama's health care reform. AIG was insuring, among others, insurance companies who were providing low-quality health care, while they charged 20-30% overhead. These insurance companies now fully support Obama's bill, as it will provide them with a new pool of “individually mandated” patients, who they can charge excessive prices while denying care according to the new “IMAB board” cost-efficient standards.

The point is, there is a solution. We must release the New York Fed-AIG emails as part of a full Congressional investigation, and then fire anyone found accountable, as Geithner most certainly will be. This can lead the way to clearing the Obama administration of monetarist kooks, and implementing a full Glass-Steagall standard bankruptcy reorganization of the financial system, while we restore the foundation of real economic value; that is, physical production. We can join with Russia, China, and India, to overturn the current London-centered monetary system, and cooperate as sovereign governments to build mutual development projects, financed by sovereign, government-issued credit. We can restore a mission for the nation with an FDR-modeled Civilian Conservation Corps program to rebuild our infrastructure and train our youth, while we set new goals for development of space. Most importantly, we'll return economy and nations to their true intention, the improvement of the conditions of life for coming generations.

-Rachel Brown