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Remember when Timothy Geitner was the ONLY ONE who could get us out of the financial crisis?
The Virginian ^ | 8/18/2010 | Moneyrunner

Posted on 08/18/2010 6:08:12 PM PDT by moneyrunner

Remember when Timothy Geitner was the ONLY ONE who could get us out of the financial crisis?

If your memory doesn't go back that far, a Google search came up with an interesting summary of Liberal opinion by the invaluable Rush Limbaugh:

RUSH: Here's Andrea Mitchell with Mika Brzezinski today on Scarborough's show on MSNBC. Mika Brzezinski says, "Tim Geithner, is this a big problem, some tax issue for the guy?"

ANDREA MITCHELL: He is hugely smart, they need him right away on the job, I think both senators in the -- Democrats and Republicans from the finance committee say that they need him right away to get confirmed. He did his own taxes, by the way, which is -- and then he got an accountant who didn't tell him all the back taxes that he needed to pay.

HARRY REID: Timothy Geithner is a person that is extremely well-qualified to be one of the finest secretaries of Treasury this country's ever had. And there is a few little hiccups, but that's basically what they are. I am not concerned at all. ...

...

The reaction to his failure to pay income tax?

Rush Limbaugh plays a series of sound bites from politicians and the press on Geithner’s cheating on his income taxes

KERRY: It is possible to make an innocent mistake. I think this is an honest mistake.

CROWLEY: The transition team put out a lengthy list of reasons why this was just an honest mistake.

BORGER: ... I would not describe as a huge mistake.

HENRY: It is a common mistake.

KING: Maybe an honest mistake.

(Excerpt) Read more at moneyrunner.blogspot.com ...


TOPICS: Business/Economy; Politics
KEYWORDS: economy; geithner
You want to know how much in love the Liberals were with Timothy Geithner? He was named one of People Magazine 100 most beautiful people. I'm serious as a heart attack.

That was then, this is now. Geithner keeps pushing the lie that the economy is on the right track and recovery is already here. But no one - well almost no one - believes him.

The Liberal Huffington Post: Who Are You Going to Believe -- Tim Geithner or Your Own Lying Eyes?

The Washington Note is already searching for his successor: Who Will Succeed Tim Geithner as Next Treasury Secretary?

CNN Money: Time for Tim Geithner to go (I have used up my 300 words)

1 posted on 08/18/2010 6:08:14 PM PDT by moneyrunner
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To: moneyrunner

Timmy was given job only because he was the ONLY ONE who could do TARP right and do it quick

Tarp was cancelled and never done, Pigulus failed and now we have trillions in deficits.

FIRE him and prosecute for all his past tax evasion!!!


2 posted on 08/18/2010 6:09:57 PM PDT by omega4179 (JD Hayworth)
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To: omega4179

http://online.wsj.com/article/SB10001424052748704554104575435230576457548.html?mod=wsj_share_facebook

This Sanders guy won’t be invited to Geithner’s house for a party any time soon.


3 posted on 08/18/2010 6:14:16 PM PDT by whitedog57
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To: moneyrunner

Tax Cheat Timmy. The Obama decision process has been all down hill from there.


4 posted on 08/18/2010 6:20:44 PM PDT by OrangeHoof (Washington, we Texans want a divorce!)
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To: moneyrunner

How long until Obama seeks counsel from James Cameron?


5 posted on 08/18/2010 6:25:30 PM PDT by CommieCutter (A Centrist Democrat is now defined as: between Socialism and Communism.)
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To: omega4179

tarp was replaced with rules to allow bogus accounting.
troubled assets still exist they are just sitting on the books as inflated assets. If banks, insurance companies, and
other financial institutions had to mark down these assets they would be bankrupt. The other factor was to allow the fed to lend to these institutions at near 0 rates.

The problem with all of this is that it translates to a final solution/end game that must inflate the dollar to bring the assets back to book value and allow the loans to be repaid to the fed with inflated dollars.


6 posted on 08/18/2010 6:41:15 PM PDT by updatedscreenname
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To: omega4179

Andrea Mitchell is married to Alan Greenspan - does that explain anything?


7 posted on 08/18/2010 7:04:44 PM PDT by Sioux-san
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To: moneyrunner

aAll I remember is that he was following the bankrupt plan of FDR sending us into more than a decade of depression!

Nothing has changed!


8 posted on 08/18/2010 7:15:54 PM PDT by dalereed
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