Psst…kinda late on that ain’tcha?

Treasury Secretary Timothy Geithner will face a congressional grilling later this month about the suppression of details on deals that funneled billions to big investment banks while he was president of the Federal Reserve Bank of New York.

Lawmakers reacted angrily Friday to revelations in e-mails sent in late 2008 and early 2009 between lawyers for the New York Fed and American International Group Inc. The exchanges show the New York Fed wanted AIG to withhold information about deals that sent billions from the taxpayer bailout of AIG to Goldman Sachs Group Inc., Societe Generale and other major banks.

“The lack of transparency and accountability is disturbing enough, but the outstanding question is why the (New York Fed) didn’t fight for a better deal for the American taxpayer,” said Rep. Darrell Issa, the top Republican on the House Committee on Oversight and Government Reform, who first obtained the e-mails.

Time that Tim Geithner has been in his current position: 348 days.  Yet the Republicans are all of a sudden acting all “WTF, this guy is a corporate tool!” now.  Excuse me while I laugh my ass off…

Note that Issa states his pseudo-criticism in terms of a “better deal” on the standard robbery us plebes endure sans high-powered corporate lawyers and tax prep dorks.  As if having a smaller amount stolen is an improvement, when the just thing to do was give them nothing.  That alone, even without the context of who first engineered this round of handouts, should put the lie to the portrayal of noble motive for questioning.  As usual, “polarization” is pure fiction, all each “side” cares about is having the drivers seat for the next round; actually stopping the car, let alone turning around, is never a realistic option.  AIG was and is for all intents and purposes a shell, a corpse fitted with a funnel for the people dumb enough to place bets with them to get their money back.  Geithner wanted to hold back on information?  No DUH!  This system cannot survive with full transparency, too much risk of mass WTFs.

I know that the naive activist base of the Democratic party is demoralized, largely by the failure of the public government option in health care reform.  I can’t help but ask though, what took you so long?  Seriously, Black Reagan picking someone like Geithner for Treasury didn’t clue you in as to the depth or lack thereof of his left allegiance?  Actually, to be honest, him making it to moving day without being _______d should’ve been all the red flag you needed.  Yeah I said it.

Look, if you take away nothing else from my snockered ass, take in the following: As long as the question is what Giant Faceless Bank X gets or does, and not why the hell Giant Faceless Bank X exists at all (considering the bulk of their business is actually gambling, which sucks because at least the places more open about it have liquor and strippers to salve your losses), you’re missing the damn point.

Now if you’ll excuse me, I have a date with the floor…