Just like FEMA Director Michael D. Brown had to be fired after Katrina, just after the President of the Uited States said, “Brownie, you’re doing a heck of a job,” Treasury Secretary Tim Geithner also has to be fired.
He was head of the New York Federal Reserve when AIG got into real trouble and needed a federal bailout. He apparently has amnesia or slept through meetings where the AIG bonus money was discussed and allowed. And as Tresury Secretary his performance has been lackluster. He did know about the stimulus bonus exceptions early on and did nothing to stop them — which allowed AIG to pay the stimuluses in good faith, allowed a preventable presidential “outrage” moment and a congressional lynching on TV of AIG’s top man: who took the job last year when Treasury asked him and only accepts $1 a year in pay.
Geithner is the one man most responsible for voter lack of confidence in this economy. And as the president has been saying: without confidence the economy may last a lot longer.
Presidents have been wrong before. The good presidents admit it.
Geithner also heads the IRS which has failed to collect from businesses getting lots of bailout money without paying their taxes? Well, Geithner couldn’t figure how to pay his taxes correctly so what the heck. He’s using everything in his means to solve these economic woes and as President Obama said, Geithner has been making “all the right moves.”
Time for a Mayflower Move for Turbo Tax Tim, Mister President….
“I have complete confidence in Tim Geithner and my entire economic team.”
My confidence is shot, Mister President.
“Brownie, you’re doing a heck of a job.”
Obama the centrist, pragmatic problem-solver is gone: now liberal spendathon, no accountability
News at eleven followed by Jay Leno and Barack on the National Barack Channel….