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Timothy Geithner's Best Asset: Everybody Hates Him
The Atlantic ^ | 11-14-11 | Daniel Indiviglio

Posted on 11/14/2011 12:45:34 PM PST by Driftwood1

If you're a conservative, then you probably have no love for Treasury Secretary Timothy Geithner. He wanted to end the Bush tax cuts for the rich in 2010. You might think his foreclosure prevention plan was a mess. But if you're a progressive, then you probably don't love the guy either. He wasn't particularly aggressive in pursuing cramdowns or principal reductions for struggling homeowners. He also doesn't tend to be too hard on the banks. So who does like Geithner? President Obama must -- he worked to ensure that Geithner wouldn't resign earlier this year when his family moved back to New York. It isn't hard to see why: Geithner is a rare breed of high-level official who looks for practical solutions without letting politics get in the way.

Jackie Calmes at the New York Times highlights the president's surprising unwavering desire to keep Geithner around as other economic advisors departed over time. Calmes notes that both sides of the aisle have attacked Geithner's policies and positions over the past couple of years. Let's look at some of the chief reasons why people don't like Geithner.

(Excerpt) Read more at theatlantic.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: economicadvisor; obamaadministration; timothygeithner

1 posted on 11/14/2011 12:45:38 PM PST by Driftwood1
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To: Driftwood1
I am proud to say that I hated Timothy Geithner before it was considered ‘cool’ to hate Timothy Geithner...
2 posted on 11/14/2011 12:48:58 PM PST by WayneS (Comments now include 25 percent more sarcasm for no additional charge...)
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To: WayneS; Driftwood1

3 posted on 11/14/2011 12:53:13 PM PST by OddLane (If Lionel Hutz and Guy Smiley had a lovechild together, his name would be "Mitt Romney." -KAJ)
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To: Driftwood1

I used my “little Red Stamp” just yesterday.
That $20 is sitting in my wallet ready to spend at the next lib establishment, that I just can’t avoid....

TAX CHEAT!


4 posted on 11/14/2011 12:53:30 PM PST by G Larry (Catholic Conservative Supporting Israel!)
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To: Driftwood1

Gee. “Everybody” hated Bush, and he’s still being blamed for everything that’s going wrong today.


5 posted on 11/14/2011 12:58:38 PM PST by Steely Tom (Obama goes on long after the thrill of Obama is gone)
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To: OddLane

Awesome :-)


6 posted on 11/14/2011 1:03:45 PM PST by Driftwood1
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To: Driftwood1

Timmy knows too much to be cut free. He has been part of the problem for a long time, which is just what Barry loves about him. Burn Baby Burn - that’s what this Administration wants and they don’t keep it a secret.


7 posted on 11/14/2011 1:22:09 PM PST by Sioux-san
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To: Driftwood1
The pitiful Atlantic would not detail the real, base dislikes of Mr. Geithner.

1.) tax cheat
2.) never had a real job
3.) abused his position at the NY Fed
4.) still shafting the US taxpayers

He's a very sleazy operator of non-existent macro economic capabilities.

I'm sure I've missed many other failings that made him an nconceivably
ibad choice for Treasury Secretary.

8 posted on 11/14/2011 2:46:34 PM PST by Calvin Locke
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To: Driftwood1

Geithner is a rare breed of high-level official who looks for practical solutions without letting politics get in the way. lie!


9 posted on 11/14/2011 2:52:24 PM PST by ronnie raygun (V)
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To: Driftwood1
He wanted to end the Bush tax cuts for the rich in 2010.

"The rich" being anybody or any small business making over $250,000 per year. Geitner and the rest of that socialist ilk needed the extra cash to finance the mammoth expansion of big government. How could the lefty Democrats and other assorted communists possibly hate a guy like Geitner? This sneaky mouse Indiviglio is trying to blow smoke up his readers' asses.

10 posted on 11/14/2011 3:01:26 PM PST by Lancey Howard
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To: Driftwood1

By the way, whenever an author uses the word “progressive” instead of “liberal”, you know where he’s coming from and anything further he says cannot be trusted.


11 posted on 11/14/2011 3:08:12 PM PST by Lancey Howard
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To: Driftwood1

Wow! Being incompetent really pays off!


12 posted on 11/14/2011 3:19:09 PM PST by x
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To: Driftwood1
This one is my favorite-perhaps because I'm such a Kubrick fan.


13 posted on 11/14/2011 10:38:45 PM PST by OddLane (If Lionel Hutz and Guy Smiley had a lovechild together, his name would be "Mitt Romney." -KAJ)
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