Skip to comments.Geithner agrees to stay at Treasury, continue Obama's amazing economic policies
Posted on 08/08/2011 7:17:36 AM PDT by opentalk
Finally, some promising economic news in what has been a steady recent stream of dismal data and developments:
Secretary of the Treasury Tim Geithner has agreed to stay in the Obama administration.
The master of finance who has so successfully assisted President Obama in boosting the national debt by more than $3 trillion, driving unemployment back north of 9% by spending only $787 billion in stimulus funds, corroding consumer confidence and presiding over the first federal credit downgrading in history has agreed to stick around to continue his impressive work for this Democratic administration.
Geithner is the sole survivor of President Obama's opening economic team. Obama is reported pleased.
....The White House confirmed Geithner's continued employment and Sunday he said, "I love my work." Geithner added," We still have a lot of work to do." Which could be a promise or threat.
(Excerpt) Read more at latimesblogs.latimes.com ...
Uhhhhhh.....okay. I admit it. I can’t tell if this is satire or not.
Insanity: Doing the same thing over and over again and expecting a different result........................
I think the Fox News morning crew had it about right. If Turbo Timmy goes, Obama will be under immense pressure from his base to nominate a fire-breathing Marxist like Paul Krugman or somebody. He just does not want to deal with that right now.
They'll blame it on Bush.
Geithner....I’m right....The rest of the word is wrong. Obama told me so. What does he have on me?? LOTS!!!
Not the word I would have chosen.
Is this Semmens again?
Barack Huseinity: Doing the same thing over and over again expecting to further the complete destruction of American society.
That’s what I was thinking... The Los Angeles Times in California put this in the paper?
The continued tenure of a treasury secretary who couldn't file his own accurate income taxes before being appointed should only help further.
..truth mixed with a view into progressive logic?
I think a lot of the article is more tongue-in-cheek, rather than satire.
Yeah...I know what you mean. Is this satire? I can’t tell — after all, it’s coming from the LA Times.
But then again, I never heard of the author, because I never read the paper any more — and I’m a guy who used to read the morning AND afternoon editions back in the 70s and 80s.
So the idea that this may not be satire puts a strain on my cognitive dissonance.
But maybe...just maybe...
The policies of destruction and scorched earth, all according to 0bama's plan to destroy The Country!
FUBO GTFO 2012 !
I want to subscribe to the LA Times. They are just so upbeat about the USA! /S
Ahhhhhh......now I see.....half sarcasm, half satire, half truth.
Yeah, yeah. Just say I raised the fraction ceiling.
Who else would hire him now?
Media Matters and Salon, among others, hate his guts.
Andrew Malcolm's immigrant parents repeatedly stressed the importance of active participation in a democracy. Early lessons included learning the alphabetical list of states by watching televised roll calls of national political conventions.
That childhood exposure led to a lifelong fascination with politics, including 40-plus years of covering them and a brief stint practicing them as press secretary to Laura Bush in 1999-2000.
A veteran foreign and national correspondent, Malcolm served on the Times Editorial Board and was a Pulitzer finalist in 2004. He is the author of 10 nonfiction books and father of four.
Anyone ever ask if Timmy’s extended tenure might be the *cause* of say half of today’s dump?
It’s got my vote for “article of the day.”
The reason Geithner stays is simple. He’s a rabid partisan and that is what Obama wants.
S&P gave Obama an ‘AA+’ for his amazing work on the economy! Geitner is looking to do the same!
Geithner spent most of his childhood abroad, living in India, Thailand and Zimbabwe. His father, Peter Geithner, is an Asia expert who worked at the Ford Foundation for 28 years. link
The part that is satire is the claim that he boosted the debt by $3 trillion. The number is actually $4 trillion according to the Treasury Direct debt calculator.
Turbo Tax Tim,under Obama’s orders,wrecked the US economy and gave us the Obama Downgrade.As long as he keeps his job Obama avoids blame.
Democrats are snakes who kill,shed their skin and then blame it on the guy “back there.”
geithner is staying because he is a rabid partisan and does what obama wants. Also, obama has the threat if an irs audit hanging over timmy’s head.
obama owns timmy.
Obviously contributing to today’s market stability...
Business as usual by this administration. No plan to solve it, just raise revenues (taxes).
Who else would hire him now?
And who would take the job if he leaves? I'm only half kidding.
Perhaps it's the other way around?
Timmy owns Obama
Perhaps Timmy's dad knew of some Obama family secrets and passed them down....:^)
Frankly I think everything about Geithner is a sideshow.
I believe history will show he was a “face”, a stand-in on the Obama finance and economic team, chosen to run a bureaucracy, not to decide policy.
I believe Obama has one policy - grow the size and reach of the Federal government, period.
Everything else is subservient to that policy.
Little Timmy Geithner is no more the architect or a co-erchitect of either Federal budget objectives or Treasury policy than I am.
He is given his marching orders. Told to go out in front of the cameras when asked, say what he is told to say and get back to running a bureaucracy. If he doesn’t behave Obama will reveal just how useless Geithner has been and blow the administration’s own cover on how needed he is - not.
Obama gets his directives from others, not the face people in his Cabinet.
Therefor, GOP leaders; quit calling for Geithner to leave. His departure will not change what Obama wants one iota.
Timmy boy along with zero will continue to stimulate us, of course a mess will be made and we common folks will have to clean it up !
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