Comments

1
"Jack assures me that he is gonna work to make at least one letter legible in order not to debase our currency"—Obama

Boom.
2
I'm sad to hear that the book isn't any good. I heard him on NPR a while back and I thought it might be interesting. I have fantastic handwriting and I love writing letters and taking notes. I wish more people did too.
3
As I understand it, cursive makes sense if you're using a fountain or dip pen prone to splotching if you break contact with the paper. With ballpoint pens, why bother with it? Printing is more legible.
4
@3 Not my printing. And cursive is way faster.
6
Jack Lew played an important role at Citibank when the economy crashed. He is receiving very little scrutiny from both the corporate media and (sadly) liberal blogs. But hey, how about those crazy wingnuts talking obsessing over his shitty handwriting?
7
@5, that's true when you or I sign our checks (something I do so seldom now that when it comes time to sign my ballots I have to stop and think about how to do it) but not for the Secretary of the Treasury. If you're going to write on our money, you should be able to do it legibly. That signature makes him look like a tool. It makes him look like he's four years old.
9
Greenback signature porn for Fnarf:

http://www.uspapermoney.info/sign/
10
Also, we've been down this road before (recently!):

http://www.marketplace.org/topics/econom…
12
About half the comments on that YouTube video are brazenly racist and anti-Semitic. Isn't it considerate when intellectual dwarfs wear their bigotry on their sleeve, rather than forcing you to suss it out over the course of multiple comments?
13
I haven't written anything in cursive besides my signature in about 35 years. When I write anything by hand, I print. I can't see any future need for cursive. It sounds vaguely blasphemous even to me, but I don't know why we bother to teach it to kids any more. What's the point?
14
@8: "Why is that f**kwit Constant ALWAYS so in love with Obama's neocons????"

Because Constant's job exclusively entails bitching about all the mean things those dastardly conservatives say about Obama the Great. Duh.

On today's Democracy Now! (video):"Failure of Epic Proportions": Treasury Nominee Jack Lew’s Pro-Bank, Austerity, Deregulation Legacy


AMY GOODMAN: Professor Black, let’s start with you. Your assessment of Jack Lew?

WILLIAM BLACK: Well, on financial matters, Jack Lew has been a failure of pretty epic proportions, and he gets promoted precisely because he is willing to be a failure and is so useful to Wall Street interests. So, you’ve mentioned two of the things in terms of the most important and most destructive deregulation under President Clinton by statute. But he was also there for much of the deregulation by rule, and a strong proponent of it, and he was there for much of the cutting of staff. For example, the FDIC, the Federal Deposit Insurance Corporation, lost three-quarters of its staff, and that huge loss began under Clinton. And the whole reinventing government, Lew was a strong supporter of that. And, for example, we were taught—instructed by Washington that we were to refer to banks as our "clients" in our role as regulators and to think of them as clients.

He goes from there to Wall Street, where he was a complete failure. You noted that part of what Citicorp did was bet that housing would fall. That was actually one of their winning bets. But they actually made a bunch of losing bets, as well. And the unit that he was heading would have not been permissible but for the deregulation of getting rid of Glass-Steagall under President Clinton. And you saw, as an example of Citicorp, why we shouldn’t be doing this. Why would we create a federal subsidy where all of us, through the U.S. government, are on the hook for Citicorp’s gambling on financial derivatives for its own account, you know, running a casino operation? That makes absolutely no public policy sense.

Then he comes into the Obama administration, and he was disastrously wrong. He tried very hard to impose austerity on the United States back in 2011, which is—he wanted, you know, the European strategy, which has pushed the eurozone back into recession, and Spain, Greece and Italy into Great Depression levels of unemployment.

And this is the guy, after all of these failures, who also is intellectually dishonest. He will not own up to his role and deregulation’s role and de-supervision’s role in producing this crisis—and not just this crisis, but the Enron-era crisis and the savings-and-loan debacle.

JUAN GONZÁLEZ: Well, Matt Taibbi, your reaction to the nomination of Jack Lew by President Obama?

MATT TAIBBI: I think there’s a couple things. I agree with everything that Professor Black said. I think it’s—the symbolism of this choice is, I think, very important for people, just the mere fact of picking somebody from Citigroup and from that same Bob Rubin nexus that Timothy Geithner came from. And, you know, you heard Barack Obama, as he’s introducing Jack Lew, praising Tim Geithner as somebody who’s going to go down in history as one of the great treasury secretaries of all time. I think what this tells everybody is that Jack Lew is going to represent absolute continuity with the previous treasury secretary, who had a very specific agenda when it came to Wall Street. And I think we’re just going to expect more of the same, more of the same really being overt and covert support of these too-big-to-fail institutions that Lew worked for, Citigroup being the worst and most disastrous example of that kind of company. So I think it’s—the choice of somebody from that particular firm is fraught with pretty upsetting symbolism for the country, I think.
15
I once worked for a guy who was born blind, and his signature looked just like that.

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