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On Geithner

by BooMan
Mon Nov 2nd, 2009 at 03:05:04 PM EST

I think Sen. Maria Cantwell is basically correct. Treasury Secretary Tim Geithner served a useful purpose in calming the financial markets, but he's of no further use to us. He's part of the culture that caused this economic mess and he isn't willing to push hard enough to regulate his buddies. It was important to have someone in place who understood both Wall Street and the Treasury Department at the beginning of this administration when things were at risk of going catastrophically off the rails. Back then the issue was confidence and avoiding panic. That time is over. I hope Geithner is the first cabinet member to be replaced. And I hope they do it soon.

On Geithner | 11 comments (11 topical, 0 editorial, 0 hidden)

Re: On Geithner (none / 0)

Premature - me thinks.

I think we need him as we re-design the Regulatory System to try and stop Wall Street from ever again having enough rope to hang the World.

However, thereafter - lets get the mote out of our eye.

by Mylegacy (rdavis@island.net) on Mon Nov 2nd, 2009 at 03:40:45 PM EST

Re: On Geithner (none / 0)

A big 10 - 4 on that one.

by Chief on Mon Nov 2nd, 2009 at 04:12:57 PM EST

Re: On Geithner (none / 0)

The Republicans will block any nominee in Geithner's place. We're stuck with him.

Recommended by Hideo Kojima

by robertdsc on Mon Nov 2nd, 2009 at 04:15:56 PM EST

Re: On Geithner (none / 0)

By putting a hold on? So you are saying Democrats would be complicit in that?

by Calvin Jones and the 13th Apostle on Mon Nov 2nd, 2009 at 06:41:39 PM EST
[ Parent ]

Re: On Geithner (none / 1)

They've let the GOP animals run the show from day one. Look at Maxie and health care.Look at Inhofe and his boycott of the climate bill. Look at all the nominated judges that don't get anything. Dawn Johnsen still waits for her OLC post. All with Democratic complicity and weaksauce pleading for GOP acquiescence.

Recommended by Hideo Kojima

by robertdsc on Mon Nov 2nd, 2009 at 07:01:25 PM EST
[ Parent ]

Re: On Geithner (none / 1)

you are sooooo right! he should not have been chosen in the first place. now, as i watched him yesterday, afterwards, i was left with the single thought- why does he always appear to be looking out of one side of his face. he must have something that he is hiding.
i know- not quite scientific but, added to the fact that he was right in the mniddle of everything before he was tapped.
and i am so tired of hearing how bright he is. this group of thugs all need to be removed. don't tell me that in all the world, these are the best and the brightest- bullshit!

by billjpa (billjpa@aol.com) on Mon Nov 2nd, 2009 at 04:16:17 PM EST

I hope (none / 0)

Corzine's not available, though maybe another Goldman CEO is not what you're looking for.

:)

New Jersey news and politics at Blue Jersey.

by Hopeful in NJ on Mon Nov 2nd, 2009 at 04:31:09 PM EST

Re: On Geithner (none / 0)

My sole relief at Geithner being appointed Treasury Secretary was that he was not Larry Summers. Replacing him would do more than anything else to restore confidence in the Obama administration.

by beltanevt on Mon Nov 2nd, 2009 at 05:05:48 PM EST

I agree (none / 0)

Geithner, Emanuel and Holder are all complete disasters.

by obsessed on Mon Nov 2nd, 2009 at 07:30:40 PM EST

Re: On Geithner (none / 0)

Fredo should have never been confirmed.

by rikyrah on Mon Nov 2nd, 2009 at 10:27:36 PM EST

Dump Geitner, get Krugman (none / 0)

Krugman would be a great choice. I know that he is an academic, but he is a really smart guy, and would push push push for more stimulus.

by dataguy on Tue Nov 3rd, 2009 at 11:54:07 AM EST

On Geithner | 11 comments (11 topical, 0 editorial, 0 hidden)

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