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Treasury's Geitner Gets Grilled Like a Well-Done Steak During Congressional Hearing Today
C-Span ^

Posted on 01/27/2010 9:16:24 AM PST by quesney

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To: CharlesWayneCT
"Jack," he explained, "if Brown loses next week in Massachusetts in the single digits, say by 8 or 9%, it's an enormous victory for us. If he loses by 5% or less, it's massive."

"And if he wins?"

He answered with just two words:

"Game over."

He looked at me intensely. "As in finita la musica, the music is over. These guys will turn on themselves with a viciousness you will not believe, Jack. Chuck Schumer will kneecap Harry Reid in a heartbeat, so we'll have a new Majority Leader. But Schumer is smart enough to realize the whole Democrat agenda is in ruins and that he can't blame it all on Reid. So the hunt will be on for the right scapegoat."

He let me guess. I took a stab. "The knives seem to be coming out for Geithner."

He nodded. "Yes, he probably will be tossed overboard by Obama - in order to save himself."

41 posted on 01/27/2010 10:02:33 AM PST by shield (A wise man's heart is at his RIGHT hand;but a fool's heart at his LEFT. Ecc 10:2)
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To: randog

Oh come’on. It was only 30K. That may seem like a lot to little pissants like you and me, but it’s chump change in the circles lil Timmy runs aboot in.


42 posted on 01/27/2010 10:03:44 AM PST by ichabod1 ( I am rolling over in my grave and I am not even dead yet.)
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To: auboy

AIG was made bailed out to make Goldman Sachs whole. It all comes back to GS, they control the US government.


43 posted on 01/27/2010 10:03:46 AM PST by expatpat
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To: cpdiii

Based on the way he was sweating bullets today, I predict he’ll sing like a canary if offered the right incentive.


44 posted on 01/27/2010 10:05:33 AM PST by truthkeeper ("Why oh why didn't I take the blue pill?")
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To: volunbeer

I would go so far as to say that any republican that opposes getting to the bottom of this should be axed. Dealkiller. Shut’em down.


45 posted on 01/27/2010 10:05:54 AM PST by ichabod1 ( I am rolling over in my grave and I am not even dead yet.)
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To: mass55th

Who was the woman seated to his right and behind him who kept laughing when he started to squirm-? Anyone know her name-? She apparently understands this little weasel is lying-!!


46 posted on 01/27/2010 10:07:36 AM PST by imjimbo (The constitution SHOULD be our "gun permit")
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To: truthkeeper

Paulson is turning purple.


47 posted on 01/27/2010 10:10:28 AM PST by maggief
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To: maggief
Oh, you mean Henry "I know nussing, I see nussing" Paulson?

Isn't this a travesty??

48 posted on 01/27/2010 10:14:29 AM PST by truthkeeper ("Why oh why didn't I take the blue pill?")
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To: All

Geithner, bernanke, paulson and madoff should be housed in one cell on death row. Gas chamber


49 posted on 01/27/2010 10:17:56 AM PST by wheninthecourse
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To: truthkeeper

It makes me sick.

Crooks ... all of them!


50 posted on 01/27/2010 10:18:33 AM PST by maggief
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To: maggief

Hank isn’t having a good day. Maybe he should learn to play golf:)


51 posted on 01/27/2010 10:19:20 AM PST by SE Mom (Proud mom of an Iraq war combat vet)
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To: maggief; SE Mom
Good stuff on this recusal business for Timmy, and Henry getting a whuppin' right now.

Where's my popcorn? This is getting good!

52 posted on 01/27/2010 10:21:32 AM PST by truthkeeper ("Why oh why didn't I take the blue pill?")
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To: SE Mom

LOL!

Who is Geithner’s chief of staff?


53 posted on 01/27/2010 10:22:55 AM PST by maggief
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To: truthkeeper

Paulson stutters when he lies, Timmy just sounds angry when he does.

There have been a lot of both in these hearings today.

LQ


54 posted on 01/27/2010 10:24:15 AM PST by LizardQueen (The world is not out to get you, except in the sense that the world is out to get everyone.)
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To: maggief

http://online.wsj.com/article/SB123309702282121649.html

Ethics Order Affects Aide to Geithner

By T.W. FARNAM

WASHINGTON — The new chief of staff to Treasury Secretary Timothy Geithner was a top lobbyist for Goldman Sachs Group Inc. until last year, and will have to recuse himself from some government duties under new White House ethics rules.

(snip)


55 posted on 01/27/2010 10:25:10 AM PST by maggief
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To: SE Mom
Q: "If I go back and check the phone logs, will I find that you called little Timmy (like you said)?" Answer: "No you won't, but...but...but.."

Q: "And now that we've found out about the looting of AIG, we find out that all of you guys knew nothing about it. I've got a problem with that."

DELICIOUS...and that room is getting HOT.

56 posted on 01/27/2010 10:25:47 AM PST by truthkeeper ("Why oh why didn't I take the blue pill?")
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To: volunbeer; AmericanInTokyo; TigerLikesRooster
Anyone wonder how the deodorant for the NY Fed Chairman is holding up right now? He is under the bus and has to know a summons is in the mail.

After the Japanese debacle this creep shouldn't have got within twelve miles of the American economy. The two guys who appointed him (one to the NY Fed and then Treasury Sec) should be up for indictment as well. Guess who?

What I want to know is how and why a guy with a record that bad got promoted to where he could do real and lasting damage. I understand Goldman's motives, but I just don't get what drives the idiot pols who gave them license to inflate the risk associated with the real estate bubble. Everybody knew who was "guaranteeing" those assets. Who were they really trying to screw?

57 posted on 01/27/2010 10:26:11 AM PST by Carry_Okie (They were the Slave Party then; they are the Slave Party now.)
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To: SusaninOhio

“It seems like sooner or later someone will get tired of having his life destroyed to protect Zero.’

Great point. Let’s hope it’s sooner rather than later. I think 2010 will be a very revealing year for the mystery man.


58 posted on 01/27/2010 10:28:47 AM PST by dandiegirl
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To: quesney

Listening to the Paulson questioning now...both a FL Republican and a moonbat are picking on him.
I’m smelling prime cuts of scapegoat on the grill.


59 posted on 01/27/2010 10:29:02 AM PST by 668 - Neighbor of the Beast (STOP the Tyrananny State.)
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To: maggief

I don’t know- but I do know this- the corruption with this mess reminds me of the kind we saw at Enron; they are so deeply and profoundly corrupt their ability to recognize it has disappeared.


60 posted on 01/27/2010 10:29:10 AM PST by SE Mom (Proud mom of an Iraq war combat vet)
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