Friday, December 9th, 2016 MST

Treasury Secretary Geithner cannot sell his house

Treasury Secretary Timothy Geithner can’t sell his house. Maybe it because he is asking more than the $1.6 million that he paid in 2004 at the top of the housing boom. Housing prices are down, on average, 30% from the 2004 top. Any doubt but that some wealthy person seeking to curry a favor with the Secretary of the Treasury of the United States will pay the asking price?

Anyone remember Hillary Clinton’s “brilliant” commodity trading that made her nearly $100,000 in a few months while husband Bill was governor of Arkansas? It is suspected that Hillary’s profits came from a setup where a wealthy benefactor took the losing sides of all Hillary’s positions and Hillary collected the profitable trades. If someone would do that for a governor’s wife, what would they do for the Secretary of the Treasury of the United States?

Comedy Central did a delightful video on Geithner’s house; well worth the view.

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