where in the constitution is it written that our tax money can go for the bailout of AIG. Geithner worked closely with AIG before he received his present position. so you know. a little wiki history on geithner easy facts to understand.
Geithner has the authority to decide what to do with the second tranche
of $350 billion from the $700 billion banking bailout bill passed by Congress in October 2008. He does not need Congressional approval, but went to Congress on February 10-11 to explain his plans. He proposes to create one or more "bad banks" to buy and hold toxic assets, using a mix of taxpayer and private money. He also proposes to expand a lending program that would spend as much as $1 trillion to cover the decline in the issuance of securities backed by consumer loans. He further proposes to give banks new infusions of capital with which to lend. In exchange, banks would have to cut the salaries and perks of their executives and sharply limit dividends and corporate acquisitions.
This plan was criticized by Nobel-prize winning economist Paul Krugman.
 AIG bonuses
Although Obama expressed strong support for Geithner, the outrage over the AIG
bonuses has undermined public support. AIG
paid bonuses to executives in its Financial Services division after receiving more than $170 billion in federal bailout aid.
Even prior to the election, senior aides to Timothy Geithner have closely dealt with American International Group
Inc. on compensation issues including bonuses, both from his time as president of the Federal Reserve Bank of New York and as Treasury secretary. In early November, 2008, a committee concluded that the bonuses, which were in contracts signed before the government takeover, couldn't be legally blocked. On March 3, 2009, appearing at a hearing of the House Ways and Means Committee
Rep. Joseph Crowley
, a New York Democrat, asked him about the bonuses that AIG would be paying to financial-products employees "in the coming weeks." On March 11, Geithner called Mr. Edward Liddy, AIG chief, to protest the bonus payouts. Mr. Geithner and Federal Reserve
Chairman Ben Bernanke
attended a hearing by Congress on March 24, 2009.
sooo why do you keep trusting him to do what right?
Timothy Geithner - Wikipedia, the free encyclopedia
beaver did you vote for Obama or Biden? if you said Biden im going to laugh my ass off.