Congratulations, you agree with boehner->"Geithner in serious trouble"

[masuki bance]

House Minority Leader John Boehner (R-Ohio) tells conservative talk radio host Steve Gill that he thinks Tim Geithner ...... is in really serious trouble. "I think he's on thin ice," said Boehner. "What happens over the next 24 to 48 hours will determine his future."
When Gill asked Boehner though the secretary was "scapegoat," Geithner replied: "i don't know that we know the answer to that question -- that's what a lot of people are trying to get their arms around."
http://www.politico.com/politico44/perm/0309/geithner_on_thin_ice_1a97cfe6-4a62-47af-85c8-16f92720b967.html

They won't stop if they get to Geithner, and you're helping them.

[beachmom]

1. Agreed. People have ADHD, and haven't given him a chance.

He called it right on Bear Stearns. He is a smart guy, working with little staff (and that is not his fault), yet people are ready to throw him under the bus in a flash. I am glad that Obama so passionately defended Geithner today. It's just not right the way he is being dumped on when he has been operating under such a difficult situation.

[EFerrari]

40. He called it right on Enron, too -- oh, wait. n/t

[babylonsister]

2. rethugs are salivating to hang all of this on Geithner, nevermind

their own culpability...and yes, not just rethugs.

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=5282495&mesg_id=5282495

Flashback: It Was Bush, GOP That Opposed Executive Compensation Caps


(That is, before they didn't)

http://thinkprogress.org/2009/03/18/more-paycap-hypocrisy/

Republican Lawmakers Who Opposed Salary Caps Last Month Are Now Attacking AIG Bonuses, Part II

[FrenchieCat]

3. IT's all a set up......and obscures the original fuck up of Wall Street/GOP gone Wild!

Cause the only thing that changed between September and now,
is that we have a new President.


FrenchieCat (1000+ posts) Mon Mar-16-09 08:18 PM
Original message
An Explanation for your Corporate Media's interest in pushing a Populist Revolt.....
Here's your "Populist" Revolution outrage wing of the Government.....
lined up and preparing for the 2010 elections.

They were looking for an issue!
The media's giving them one.
Some DUers will be helping!

Santelli fizzed out, for the most part.
AIG Blues will get bigger....


House Vote On Passage: H.R. 1424 <110th>:
The Original Stimulus Bill

The list of those who voted NAY!

Alabama
Nay AL-1 Bonner, Jo (R)
Nay AL-2 Everett, Terry (R)
Nay AL-3 Rogers, Michael (R)
Nay AL-4 Aderholt, Robert (R)
Nay AL-6 Bachus, Spencer (R)
Alaska None
Arizona
Not Voting AZ-1 Renzi, Rick (R)
Nay AZ-2 Franks, Trent (R)
Nay AZ-3 Shadegg, John (R)
Nay AZ-6 Flake, Jeff (R)
Arkansas
Nay AR-3 Boozman, John (R)
California
Nay CA-2 Herger, Walter (R)
Nay CA-3 Lungren, Daniel (R)
Nay CA-4 Doolittle, John (R)
Not Voting CA-6 Woolsey, Lynn (D)
Nay CA-19 Radanovich, George (R)
Nay CA-21 Nunes, Devin (R)
Nay CA-22 McCarthy, Kevin (R)
Nay CA-25 McKeon, Howard (R)
Nay CA-26 Dreier, David (R)
Nay CA-40 Royce, Edward (R)
Nay CA-41 Lewis, Jerry (R)
Nay CA-42 Miller, Gary (R)
Nay CA-44 Calvert, Ken (R)
Nay CA-46 Rohrabacher, Dana (R)
Nay CA-48 Campbell, John (R)
Nay CA-49 Issa, Darrell (R)
Nay CA-50 Bilbray, Brian (R)
Nay CA-52 Hunter, Duncan (R)
Colorado
Not Voting CO-4 Musgrave, Marilyn (R)
Nay CO-5 Lamborn, Doug (R)
Nay CO-6 Tancredo, Thomas (R)
Connecticut NONE
Delaware NONE
Florida
Nay FL-1 Miller, Jeff (R)
Nay FL-4 Crenshaw, Ander (R)
Not Voting FL-5 Brown-Waite, Virginia (R)
Nay FL-6 Stearns, Clifford (R)
Nay FL-7 Mica, John (R)
Not Voting FL-8 Keller, Ric (R)
Nay FL-9 Bilirakis, Gus (R)
Nay FL-10 Young, C. W. (R)
Nay FL-12 Putnam, Adam (R)
Nay FL-14 Mack, Connie (R)
Nay FL-15 Weldon, David (R)
Nay FL-24 Feeney, Tom (R)
Georgia
Nay GA-1 Kingston, Jack (R)
Nay GA-3 Westmoreland, Lynn (R)
Nay GA-6 Price, Tom (R)
Nay GA-7 Linder, John (R)
Nay GA-8 Marshall, James (D)
Nay GA-9 Deal, Nathan (R)
Nay GA-10 Broun, Paul (R)
Nay GA-11 Gingrey, John (R)
Hawaii NONE
Idaho
Nay ID-1 Sali, Bill (R)
Nay ID-2 Simpson, Michael (R)
Illinois
Not Voting IL-1 Rush, Bobby (D)
Nay IL-6 Roskam, Peter (R)
Nay IL-16 Manzullo, Donald (R)
Nay IL-19 Shimkus, John (R)
Indiana
Nay IN-3 Souder, Mark (R)
Nay IN-4 Buyer, Stephen (R)
Nay IN-5 Burton, Dan (R)
Nay IN-6 Pence, Mike (R)
Iowa
Nay IA-4 Latham, Thomas (R)
Nay IA-5 King, Steve (R)
Kansas
Nay KS-1 Moran, Jerry (R)
Kentucky
Nay KY-1 Whitfield, Edward (R)
Nay KY-2 Lewis, Ron (R)
Nay KY-4 Davis, Geoff (R)
Nay KY-5 Rogers, Harold (R)
Louisiana
Nay LA-4 McCrery, James (R)
Nay LA-5 Alexander, Rodney (R)
Maine NONE
Maryland
Not Voting MD-4 Wynn, Albert (D)
Nay MD-6 Bartlett, Roscoe (R)
Massachusetts NONE
Michigan
Nay MI-2 Hoekstra, Peter (R)
Nay MI-3 Ehlers, Vernon (R)
Nay MI-4 Camp, David (R)
Not Voting MI-7 Walberg, Timothy (R)
Nay MI-8 Rogers, Michael (R)
Nay MI-11 McCotter, Thaddeus (R)
Minnesota
Nay MN-2 Kline, John (R)
Nay MN-6 Bachmann, Michele (R)
Mississippi NONE
Missouri
Nay MO-2 Akin, W. (R)
Nay MO-6 Graves, Samuel (R)
Nay MO-7 Blunt, Roy (R)
Nay MO-9 Hulshof, Kenny (R)
Montana
Nay MT-0 Rehberg, Dennis (R)
Nebraska
Nay NE-1 Fortenberry, Jeffrey (R)
Nay NE-2 Terry, Lee (R)
Nay NE-3 Smith, Adrian (R)
Nevada
Nay NV-2 Heller, Dean (R)
Nay NV-3 Porter, Jon (R)
New Hampshire NONE
New Jersey
Nay NJ-4 Smith, Christopher (R)
Nay NJ-5 Garrett, Scott (R)
New Mexico
Nay NM-1 Wilson, Heather (R)
Nay NM-2 Pearce, Steven (R)
New York
Not Voting NY-15 Rangel, Charles (D)
Nay NY-26 Reynolds, Thomas (R)
Nay NY-29 Kuhl, John (R)
North Carolina
Nay NC-3 Jones, Walter (R)
Nay NC-5 Foxx, Virginia (R)
Nay NC-6 Coble, Howard (R)
Nay NC-9 Myrick, Sue (R)
Nay NC-10 Mchenry, Patrick (R)
North Dakota NONE
Ohio
Nay OH-1 Chabot, Steven (R)
Nay OH-2 Schmidt, Jean (R)
Nay OH-3 Turner, Michael (R)
Nay OH-4 Jordan, Jim (R)
Nay OH-5 Latta, Robert (R)
Nay OH-8 Boehner, John (R)
Nay OH-12 Tiberi, Patrick (R)
Oklahoma
Nay OK-3 Lucas, Frank (R)
Nay OK-4 Cole, Tom (R)
Nay OK-5 Fallin, Mary (R)
Oregon
Nay OR-2 Walden, Greg (R)
Pennsylvania
Nay PA-5 Peterson, John (R)
Nay PA-9 Shuster, William (R)
Nay PA-16 Pitts, Joseph (R)
Rhode Island NONE
South Carolina
Nay SC-1 Brown, Henry (R)
Nay SC-2 Wilson, Addison (R)
Nay SC-3 Barrett, James (R)
Nay SC-4 Inglis, Bob (R)
South Dakota NONE
Tennessee
Nay TN-1 Davis, David (R)
Nay TN-2 Duncan, John (R)
Nay TN-7 Blackburn, Marsha (R)
Texas
Nay TX-1 Gohmert, Louis (R)
Not Voting TX-2 Poe, Ted (R)
Nay TX-3 Johnson, Samuel (R)
Nay TX-4 Hall, Ralph (R)
Nay TX-5 Hensarling, Jeb (R)
Nay TX-6 Barton, Joe (R)
Nay TX-7 Culberson, John (R)
Nay TX-8 Brady, Kevin (R)
Nay TX-10 McCaul, Michael (R)
Nay TX-11 Conaway, K. (R)
Nay TX-12 Granger, Kay (R)
Nay TX-13 Thornberry, William (R)
Nay TX-14 Paul, Ronald (R)
Nay TX-15 Hinojosa, Rubén (D)
Nay TX-19 Neugebauer, Randy (R)
Not Voting TX-20 Gonzalez, Charles (D)
Nay TX-22 Lampson, Nicholas (D)
Nay TX-24 Marchant, Kenny (R)
Nay TX-26 Burgess, Michael (R)
Not Voting TX-30 Johnson, Eddie (D)
Nay TX-31 Carter, John (R)
Nay TX-32 Sessions, Peter (R)
Utah
Nay UT-1 Bishop, Rob (R)
Nay UT-3 Cannon, Christopher (R)
Vermont
Not Voting VT-0 Welch, Peter (D)
Virginia
Nay VA-1 Wittman, Rob (R)
Nay VA-2 Drake, Thelma (R)
Nay VA-4 Forbes, James (R)
Nay VA-5 Goode, Virgil (R)
Nay VA-6 Goodlatte, Robert (R)
Nay VA-7 Cantor, Eric (R)
Nay VA-10 Wolf, Frank (R)
Washington
Nay WA-4 Hastings, Doc (R)
Nay WA-5 McMorris Rodgers, Cathy (R)
Nay WA-8 Reichert, Dave (R)
West Virginia NONE
Wisconsin
Nay WI-1 Ryan, Paul (R)
Nay WI-6 Petri, Thomas (R)
Wyoming
Nay WY-0 Cubin, Barbara (R)
http://www.govtrack.us/congress/vote.xpd?vote=h2008-101

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x8266149

[Thrill]

4. This is why I want Geithner to stay.

This idiot Bonner pisses me off

[depakid]

5. Even a broken clock is right twice a day....

[FrenchieCat]

6. Bohner is not a clock.

he's the mortal enemy of the people,
who would rather see this country fail,
then be proven wrong.

[depakid]

9. There's a reason why Gathner is easy fodder....

[FrenchieCat]

12. What matters is that this President get us out of where we are,

economically,
and that he passes as much of his agenda as possible.

What you are arguing will harm that endeavor.

So you may think you have all of the answers and that you know everything,
but you really don't. Not even close.

[depakid]

17. Agreed- yet there are many- like Former Australian PM Paul Keating who know his history

and doubt that he's up to the task (for various reasons). Same is true of Summers.

When Barack Obama announced his champion to rescue the world from economic ruin, it was the first time most Americans had ever heard the name Tim Geithner...

...If anyone in the US media had thought to ask a former Australian prime minister for his assessment, they would have heard a different view. And they would not have been so surprised at Geithner's performance since. In a speech to a closed gathering at the Lowy Institute in Sydney on Thursday, Paul Keating gave a starkly different account of Geithner's record in handling the Asian crisis: "Tim Geithner was the Treasury line officer who wrote the IMF program for Indonesia in 1997-98, which was to apply current account solutions to a capital account crisis."

In other words, Geithner fundamentally misdiagnosed the problem. And his misdiagnosis led to a dreadfully wrong prescription...

...But Geithner, through his influence on the IMF, imposed the same cure the IMF had imposed on Latin America and Mexico. It was the wrong cure. Indeed, it only aggravated the problem.

Keating continued: "Soeharto's government delivered 21 years of 7 per cent compound growth. It takes a gigantic fool to mess that up. But the IMF messed it up. The end result was the biggest fall in GDP in the 20th century. That dubious distinction went to Indonesia. And, of course, Soeharto lost power." Exactly who was the "gigantic fool"? It was, obviously, the man who wrote the program, Geithner, although Keating is prepared to put the then managing director of the IMF, the Frenchman Michel Camdessus, in the same category.

Worse, Keating argued, Geithner's misjudgment had done terminal damage to the credibility of the IMF, with seismic geoeconomic consequences: "The IMF is the gun that can't shoot straight. They've been making a mess of things for the last 20-odd years, and the greatest mess they made was in east Asia in 1997-98, so much so that no east Asian state will put its head in the IMF noose."

China, in particular, drew hard conclusions from the IMF's mishandling of the Asian crisis. It decided that it would never allow itself to be dependent on the IMF, or the US, or the West generally, for its international solvency. Instead, it would build the biggest war chest the world had ever seen...

...Is this some flight of Keatingesque fancy? The former deputy governor of the Reserve Bank of Australia, Stephen Grenville, doesn't think so: "After the Asian crisis, the countries of east Asia decided that they would never go to the IMF again. The IMF is taboo in east Asia. Look at the evidence. The revealed preference of the region is that no one has gone to the IMF since, even when they needed the money."

..Keating went on to argue that, by frightening the Chinese into building their vast $US2 trillion foreign reserves, Geithner was responsible for the build-up of tremendous imbalance in the world financial system. This imbalance, in turn, according to Keating, contributed to the global financial crisis which has since devastated the world economy.

China invested most of its reserves in US debt markets. Keating again: "So we have this massive recycling of funds into the system by Greenspan's monetary policy so even if you are greedy Dick Fuld or you are hopeless Charles Prince at Citibank, you're being told there's an endless supply of money at a low interest rate and no inflation. So of course the system geared up to spend it.

"That is the fundamental cause of the problem - the imbalance is the fundamental cause."

http://www.smh.com.au/opinion/obamas-economic-saviour-savaged-as-keating-lets-rip-20090306-8rk7.html?page=-1

[FrenchieCat]

29. I am not as impressed with Paul Keating as you are.....

http://en.wikipedia.org/wiki/Paul_Keating

Or let us just say that I don't value his judgment over
the judgment of our current President.

Glad to know that you do.

[depakid]

37. Keating is widely considered to be an economic guru

His policies brought Australia out of major recession and into a period of of strong economic growth and overall wealth creation.

One might also note that, unlike America and Europe, no Australian banks have failed. There's a reason for that.

[Jennicut]

22. All of this is so easy to blame on one man. Its not so simple

and lets the Rethugs off the hook.

[depakid]

30. Obviously it's not one man- but a flawed center right ideology

held by many if not most members of the team, which has led to numerous (sometimes egregious) policy failures in the past.

[asphalt.jungle]

7. Anyone who claims to be happy about the direction of Obama's budget

and yet want him to get rid of Geithner doesn't really get how things work. There is no coming back from getting rid of your Treasury secretary in the midst of an economic crisis. That's suppose to be your top priority as a new President in 2009, so saying your pick was an epic failure (and how do you even determine that so soon?) says you don't have a clue as well and why should we trust you with anything going forward. He would kneecap his own administration if he did something that silly. Of course the Republicans who are against his agenda want him to do that, but why do you if you claim to like the things he's advocating in his budget? Boner says Geithner is on thin ice, but he isn't sure why he's on thin ice, someone has to be on thin ice right? so why not him? Mind boggling.

Anyway, I've always sense this patronizing attitude among his supposed liberal supporters that he just doesn't understand and these big bad guys are just taking advantage of poor little "Obambi". He couldn't possibly believe in Geithner, Summers, Romer, etc. so lets pile on the first two for taking advantage of their naive boss. What complete and utter crap.

[brentspeak]

8. Geithner and Summers should be drop-kicked immediately

Investigate them later.

In the meantime, bring in competent people who won't funnel trillions of taxpayer dollars into Wall St.'s coffers.

[FrenchieCat]

10. You don't mind if this President fails......

But I do.

You need to start looking for some forest instead of barking up a tree.

You may not give a shit about anything regarding the future,
but some of us do.

Obama letting go of his Treasurer during this economic crisis,
a crisis that he elected to office to solve,
would be the end of his presidency.
The Republicans know it.
The Media knows it.
And I suspect you know it too.

But keep yelling fire in the crowded room,
and make sure that you have your pitchfork while doing it.

[brentspeak]

11. On the contrary

I want Obama to succeed. But more specifically (and more importantly, obviously), I want the nation to succeed. Hence, I want Obama to show the Two Wall St. Stooges the door immediately.

[FrenchieCat]

13. I believe that Obama knows more what he is doing than you ever will.....

and if he fails, our nation will fail.

So no, I don't believe that you want him to succeed.

Barack Obama didn't create the world as it is now,
but he'll be damned if the posers act like they know
what they don't know.

Barack Obama is a public servant,
but he ain't your personal slave.

[rvablue]

31. Are you daft?

How is someone who has no experience dealing with Wall Street going to unravel this mess when so many Wall Street insiders have admitted that the financial mess we are in so convuluted and unprecedented that they can't even figure it out.

Remember when we criticized Shrub for putting a horse breeder in charge of FEMA?

Who should he appoint? Some Naderite....I'm not getting the argument.

[brentspeak]

35. Er, there's tons of able financial people out there who understand Wall St.

but who are not part of the problem.

Holy cow.

[rvablue]

43. Got some suggestions then? n/t

[Phx_Dem]

20. When you become President, you can choose your staff.

Until then, butt out. I trust Obama AND Geithner a million times more than you.

[brentspeak]

24. Does the Kool-Aid come out of the faucet tap where you live?

[HiFructosePronSyrup]

25. We're not the ones supporting Boener over Obama.

You'd think you'd realize that was a clue... but hey...

[Phx_Dem]

32. Just because I disagree with you, doesn't make me a kool-aid drinker.

You sound like a Republican.

[rvablue]

27. Who are you to be judging their competency at this point.....these dudes have been

on the job for 8 weeks....unraveling a disaster that has been building for 8 years.

Why are you so unwilling to even give them 6 months or so to try to right the ship?

[brentspeak]

33. Geithner was behind the whole bailout scam in the first place, starting last year

when he was New York Fed Reserve chief. The bailouts are the problem. He and everybody pushing for the bailouts are the problem, have been the problem.

[HiFructosePronSyrup]

36. So you're saying AIG should have been allowed to fail.

Costing the taxpayer far more than the AIG bonuses. Smart move, Einstein.

So you haven't got any new complaints, just anti-Obama administration rhetoric that dates back to the Bush administration.

[rvablue]

45. According to your argument then, President Obama is part of the problem as

he supported/"pushed for" the bailout, too?

What should we do about that? Are you calling for impeachment or something?

I'm looking forward to the day that both you and I can be pleasantly surprised by the sucesses of Secretary Geithner. I think the guy is running in front of a speeding train and right now hw will helped a lot more with support, as the President called for today, rather than buttressing the RW attack machine.

Do you hear a single Republican calling for an investigation of the architect of the bailout: Paulson?

No, of course you don't.

[CreekDog]

50. the bailouts are the problem? you idiot, the problems occurred before bailouts started

so how can the bailouts be the problem?

you may believe that bailouts are not helping --fine, believe that, but to think that they are the problem behind this and they are of Geithner's doing means you just lost all credibility to diagnose these economic problems.

the banks were failing before the bailouts
the housing market was crashing before the bailouts
unemployment was rocketing up before the bailouts
credit had dried up before the bailouts
AIG insured derivitives before the bailouts

the only point of the bailouts was to stabilize the system and if it can't be stabilized, have the weak players collapse slowly rather than quickly. a quick collapse having many more harmful results than a slow one.

now, there may have been better approaches, but you aren't the one to offer them here because you said bailouts are the problem. no knucklehead, the failing institutions and failing economies are the problem, the bailouts are just one band aid applied to staunch the bleeding so we can come up with a long term solution.

[brentspeak]

54. Where did I say that the bailouts caused the financial mess, brain stem?

I never did.

Please explain to all of us here how giving AIG untold billions of dollars to give to filthy rich institutions like http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=3784439&mesg_id=3784456">Goldman Sachs and Deutsche Bank will "stabilize the system". Oh, and billions of dollars to http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=3788491&mesg_id=3788491">hedge funds, too?

[CreekDog]

55. you said the bailouts are the problem, and here's your quote:

Brentspeak said: "The bailouts are the problem. He and everybody pushing for the bailouts are the problem, have been the problem."

now if you are saying you "meant" that the bailouts are your current complaint but not the major economic problem, well you said nothing like that in your other post. but granting that, then the bailouts are not the most significant problem even by your definition since they didn't cause the economic turmoil currently going on, they are simply a bandaid approach to buy us more time for more robust solutions. costly bandaids, but bandaids nevertheless.

[Life Long Dem]

14. Nothing they say will happen if we don't want it to.

Another words, they will always be acting on the future we prescribe and have no other choice on the matter!
:headbang:

[4lbs]

15. The Republicans in Congress are using Geithner and Summers as scapegoats to cover up the fact that

for 6 years, in conjunction with a lax laissez-faire SEC, they let Wall Street do whatever it wanted.

Instead of expressing outrage at the Repukes in Congress, they are focusing (successfully it seems) it on a CEO of AIG that came to the company late in the 4th quarter (to use a sports metaphor), the new Democratic President, and his two major financial appointees.

[FrenchieCat]

16. Bingo!

That's why they'd rather be up in arms about the bonuses than the failed free market approach.

[depakid]

19. It would be easier to make that claim if the Clinton administration hadn't been willing participants

who not only went along with Republicans, but actively set the stage for this.

[Jennicut]

23. Newsflash: Obama is now President. The whole blame Clinton thing is old too.

[amandabeech]

38. Clinton brought Geithner and Summers into his administration where

they lobbied for the repeal of Glass Steagal and against the regulation of derivatives.

Geithner is a former Republican who turned Democrat. I can only imagine that he went D for social reasons, because a lot of what he's done professionally has been very, very Reagan Republican.

Summers, if not Geithner, are former apprentices to Robert Rubin, Clinton's weapon of mass financial suffering treasury secretary.

I didn't like them under Clinton, and I don't like them now.

[depakid]

39. Same folks are running the show!

So, yeah- that's disconcerting to some who remember what they did at the time and predicted that it would end up a disaster.

Seems to me that those who got it right ought to be in positions of authority and formulating the policies. Why is it again that we're rewarding failure?

[Phx_Dem]

18. Barney Frank had the BEST response to Boner,

From some loser at Politico:

I just asked House Financial Services Chairman Barney Frank (D-Mass.) if John Boehner had any "justification" in declaring Tim Geithner was "on thin ice."

Here's what he told POLITICO:

"No. Does Boehner need any justification? It says it right there on his partisan hack license that he can say anything that he wants."

http://www.politico.com/blogs/glennthrush/0309/Frank_Boehner_has_a_partisan_hack_license.html


:rofl:

[masuki bance]

28. "It says it right there on his partisan hack license that he can say anything that he wants"

That applies to many here at DU.

[EFerrari]

41. That's sort of beautiful.

lol

[Bold Sea Captain]

21. Don't worry, unlike the chicken littles and repig trolls, Obama is not a complete douchebag

He will not sacrifice Geithner on Bush's Altar.

[Clio the Leo]

26. The President made it abundantly clear he supports the Secretary.

Not only did he SAY it, he marched him out in front of the press corps and made a show of shaking his hand before he left for California. His intentions are CLEAR.

And you're right, the day we start to agree with the bonehead princes of the GOP is the day we need step back and examine our own logic. ;)

[amandabeech]

34. I haven't liked Obama's economic team since I did a little googling on Austan Goolsbee

a year and a half ago. I do not like his policies because he's a globalist laissez faire devote' of Milton Friedman.

Summers, Geithner and Gelsner (CFTC) are the same. They're all tools of the Wall Street capitalist pigs.

Geithner just hired some muckety-muck from Citibank to be one of his chief advisers. Quelle surpise.

For the life of me, I cannot figure out why Obama has chosen this team who, IMHO, are serving him and the country very poorly.

I doubt if Boehner and I would agree on any possible replacements.

[anonymous171]

42. DUers have wanted to get rid of Geithner since day one. Same with Rahm.

Every day we hear another reason that one or both of them should step down.

[Hell Hath No Fury]

44. This DUer has been very "concerned" lately --

that we are hurting Obama with our nasty Intertubes talking.... :eyes:

[masuki bance]

46. If you want join forces with Connie Mack and John Boehner

to attack the Obama administration, that's your right. I have a right to disagree.

[burythehatchet]

48. Thank you.

[burythehatchet]

47. Is it possible to follow this logic without having the head up the ass?

[paulk]

49. I do agree with him, thanks

Geithner is part of the problem, not part of the solution.

Remember this?

The New York Times
February 10, 2009

Geithner Said to Have Prevailed on the Bailout

By STEPHEN LABATON and EDMUND L. ANDREWS

WASHINGTON-- The Obama administration's new plan to bail out the nation's banks was fashioned after a spirited internal debate that pitted the Treasury secretary, Timothy F. Geithner, against some of the president's top political hands.

In the end, Mr. Geithner largely prevailed in opposing tougher conditions on financial institutions that were sought by presidential aides, including David Axelrod, a senior adviser to the president, according to administration and Congressional officials.

Mr. Geithner, who will announce the broad outlines of the plan on Tuesday, successfully fought against more severe limits on executive pay for companies receiving government aid.

He resisted those who wanted to dictate how banks would spend their rescue money. And he prevailed over top administration aides who wanted to replace bank executives and wipe out shareholders at institutions receiving aid.

Geithner needs to go.



ps -

Idiot threads like this one are part of the problem also.

[masuki bance]

51. "I'm responsible for bonus loophole, Dodd says"

http://politicalticker.blogs.cnn.com/2009/03/18/breaking-i-was-responsible-for-bonus-loophole-says-dodd/


How does it feel to be used by right wing thugs?

[paulk]

52. so Dodd's been chosen to go under the bus

BFD

Geithner and Summers are hurting Obama.

Not "right wing thugs".

Your framing on this issue is dishonest, to say the least.

ps - What was your tag before you got ts'ed the last time?

just curious.

[masuki bance]

53. Confronted with facts, attack messenger.

That is so tired.


edit 4 speleene

[paulk]

57. these are the facts, kid

http://my.earthlink.net/article/top?guid=20090318/49c07fd0_3422_1334620090318-1040040725

"I'm the one who has led the fight against excessive executive compensation, often over the objections of many," said Dodd, the chairman of the Senate Banking Committee. "I did not want to make any changes to my original Senate-passed amendment, but I did so at the request of administration officials, who gave us no indication that this was in any way related to AIG."

everyone knows who those administration officials were

[masuki bance]

59. If you want to believe anything Dodd says, be my guest.

[paulk]

60. Dodd could be in a very tight race come 2010

who does it benefit to pin this on Dodd?

It benefits the Republicans, which is why they are pushing the story that Dodd is responsible for this AIG bonus mess.

You are helping them by trashing Dodd.

How does it feel to be taken advantage of by right wing thugs, btw?



-----------------

Or is defending Obama your only purpose on this board?

Does your trashing of Dodd have other motives?

just curious...

[masuki bance]

63. Dodd has been trying to deflect blame to the White House

why are you ok with that?

What is up the constant personal attacks? Do you have any other way to communicate?

[paulk]

64. your OP is a personal attack

on everyone on this board who thinks Geithner is part of the problem. You accuse them of helping the Republicans...

Don't you get that? It's dishonest and offensive and doesn't begin to lend itself to any sort of civil discourse.

You get what you give.

And, as I pointed out, you're the one who's actually helping the Republicans by trashing Dodd.

---------

Dodd isn't trying to "deflect" blame - he's stating that it was officials in the Treasury who were behind allowing AIG to pay out the $165 million in exec. compensation. The initial legislation would have stopped it. If you want to take it all the way from the Treasury to the White House, go for it.

I would like to know what Geithner told Obama about the AIG compensation, and when. Geithner is a Wall Street tool. Is Obama?

Is it ok to question where Obama stands in all this?

Or is questioning Obama automatically helping the Republicans in your book?

[jillan]

56. Let's just wait and see how this thing plays out before we start insulting each other.

jeez. :eyes:

[SemiCharmedQuark]

58. If Geithner beat a puppy to death with a golf club, both Boehner and I would criticize him

Me because a poor puppy was murdered.

Boehner because Geithner wrecked a perfectly lovely golf club.

But we would both agree the action was wrong.

[Two Americas]

65. great post

Thanks.

[Chan790]

61. Even a stopped clock is right twice a day...

I, for one, think that Geithner was a poor choice and won't be unhappy to see him go. Maybe we can get a real liberal economist for Treasury Secretary instead of some guy who plays one on Wall St.

[Sebastian Doyle]

62. I'm reasonably certain that BONER wouldn't want Timmy the Keebler Elf replaced with Robert Reich

So no, I don't agree with BONER at all. Thank God.