Memo to Tim Geithner: You are no hero

You cannot blame “the system” for the premature bout of austerity that frustrated a bigger fiscal stimulus package and allowed high unemployment to persist, unnecessarily, at an enormous human cost.

You were an active part of that “system,” very active, you were pushing things in that very direction, against a larger stimulus package, pandering to the deficit- and debt-mongers, and ignoring the plight of the unemployed and of those who were being foreclosed on and kicked out of their homes.

You had enormous power and you chose to spend it to help the banksters. You are trying to eat the cake and have it, to emerge as a hero in the story. You are not a hero, you were and are part of the problem.