Geithner addressed the campaign against too-big-to-fail banks during a recent interview with Politico. While Geithner said he understood the anger against bailed out banks and said that it was fair for bank customers to expect more, he did not explain why he thought that it was a bad idea.
Move Your Money is a project that seeks financial reform from the ground up. Account holders with money at bailed-out banks are encouraged to withdraw their money and deposit it into smaller, better-managed community banks and credit unions.
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Geithner’s comments about Move Your Money begin at 3:35.
This guy’s analysis is so wrong, and so insidious — blaming all the problems on liberty.
To learn more about the Move Your Money campaign, visit MoveYourMoney.info.