In his new book, former New York Fed chair and Treasury Secretary Timothy Geithner suggests that his relationship with Citigroup executive Robert Rubin did affect his supervision of the bank, which taxpayers ultimately bailed out with $45 billion.
“There is no U.S. footprint” is the proud boast of one of the Pentagon’s propaganda contractors, and it prompts the questions: Why not? What are they ashamed of? One thing is that most of us in this democracy did not know we were paying for this vast official propaganda operation until we read it in Jeff Gerth’s excellent investigative piece in The New York Times. A truly free press is our most valuable export, and its reputation should not be undermined by the Bushies’ addiction to government propaganda.