Third Top Treasury Pick Withdraws From Consideration

Wall Street will not reform itself. President Obama has to get outsiders.

Wall Street gets as much bailout money as they want from just one guy. Geithner can hand out tax payer money all by himself.

I suppose this is better than having a bunch of crooks in place, like in the previous administration – better to find out before they get hired.

Yep, everybody just keep laughing while the country goes down the tube. Really funny.

THEY NEED TO LOOSEN UP ON THE APPLICATION PROCESS OR ELSE NO ONE WILL APPLY!!!

To Obama live from the waffle house…
You can relish your own ignorance if you want, and spread it around, if you choose.
It doesn’t change the facts that you are spreading misinformation.

Ouch, guess 3rd time isn’t a charm for the Obamassiah. Can you say “failure” with a capital “F” Obama? Oh right, you hate being called a failure. Wonder if this is the news that has hit Wall Street and has the market going up this week!

just a new time of scrutiny and responsibility.
Looks like many of us are not used to this type of leadership.

D you duhed yourself when you posted.

He wasn’t officially nominated so I just don’t think it is that big of a deal.

At least this guy thought about what his back ground check would produce, not like the Secretary Treasurer.

Gee, let me guess, a problem with paying income taxes?! Well we all have this problem now, thanks Mr. O. No excuse for these jerks though.

http://drudgereport.com..Get all the info on the FBI raid of Obamas nominee and other Obamie Failures..Democrats now questioning if Obamie and Turbotax Timmy Geithner are up for the job
INCOMPENTENCE ABOUND IN THIS SO _CALLED ADMINSTRATION

At least with the vetting process, they’re making sure to keep the crooks out of the White House. Considering how Bush stocked the pond with unethical people, I’m proud of Obama for upholding his pledge to run an ethical Administration. GOPPERs can laugh all they want, we all know what they bring to the party.

So wait a minute, now you’re reporting on candidates who are vetted out and that’s some sort of slam on Obama? How does that make sense? I could understand when he lost candidates he nominated, but prospective choices that fail the vetting is a good thing and the Obama Administration doing their job.
It’s like slamming a company for not hiring somebody because they failed a background check – how would that be the companies fault?

Obamacultists are too funny. He is too ethical. That’s why he has so many unethical crooks on board.

anyone who tries to defend the president or his posse needs to wake up. BHO is ruining this country. Bush has nothing, let me repeat that, nothing to do with the govt now. It is all BHO’s baby, and he is faltering much worse than Bush ever did. Why is it that liberals can remember what a conservative president 20 years ago, but cannot remember what BHO said on his campaign trail. Can you say Liar.

Once again the republicans show their true colors. They do not care about this country and will NEVER be in power again. All of your lies and sinister acts will be exposed for all to know.
Funny how the so-called journalists found their balls with our new president while cowering in the corner when GWB treated them like a bunch of kids. Daddy W would not answer their questions and belittled and berated them every chance he got. Ask Martha Radditch how she felt after her put down by W. Embarassed.

If they’ve ever worked on Wall Street, they’re probably dirty. If Obama starts with that premise, maybe he’ll find someone.

Obama won’t find anyone honest, he doesn’t know anyone who is honest.(that includes his current line up of criminals we call “appointees”

Hey George. In our Wed meeting, let’s decide how to spin this.

Jake Tapper s married to the head of Planned Parenthood.

can you only imagine what it would be like if the republicans had won – by pass hearings and go directly to jail or to the hague. too bad corporate america is so full of crooks – not obama’s fault – His numbers are still good and we really like him. Only the wall street types and corporate america dislike him.

Better for them to withdraw now than remain in the administration like Carl Rove and Scooter Libby.
There is nothing wrong with withdrawing your name from consideration. A lot of Repubs should have withdrawn theirs.

hey george…with millions of people out of work why doesnt pres obama open it up for the country to appoint someone…he’d probably get a better set of people!

You Obama bashers should know by now that there is hardly anyone in Washington, D.C. involved in politics for any length of time who isn’t tarnished to some extent or in some way. That is just the nature of the business. The most we can hope for is to find someone who isn’t just too scratched up to do the job. Of course, Obama could appoint incompetent cronies, and no-nothing hacks like Bush did and let them run the various government departments. Wonder how that would turn out (Can you say Brownie?). I am sure it would be fine with you Rethugs. You don’t want Obama to succeed anyway!

The people who attack Obama would attack him no matter what he did. Although the collapse of the world economy began in july 08 he is blamed for it having been president less than two months.

I hope when they find wrong doing they are turning over the evidence to the Justice Dept. for prosecution. Doubt it. Or the IRS to collect the back taxes. Doubt that too.

It would appear that you can’t find a high finance person that can pass the vetting process these days between Obama’s strict rules and most of their questionable ties or issues.
Maybe they need to look outside of wall street.

maybe some of these people should be audited by the irs or use a good tax preparer before they get asked to become a cabinet member.

You Obama bashers should know by now that there is hardly anyone in Washington, D.C. involved in politics for any length of time who isn’t tarnished to some extent or in some way. That is just the nature of the business. The most we can hope for is to find someone who isn’t just too scratched up to do the job. Of course, Obama could appoint incompetent cronies, and no-nothing hacks like Bush did and let them run the various government departments. Wonder how that would turn out (Can you say Brownie?). I am sure it would be fine with you Rethugs. You don’t want Obama to succeed anyway!
Posted by: geecee | Mar 12, 2009 3:38:51 PM
I suppose this is better than having a bunch of crooks in place, like in the previous administration – better to find out before they get hired.
——–
Except all the Crooks like our tax evasion treasury secretary that got voted in. This administration is a lot less ethical than the previous administration.
Posted by: cbk16 | Mar 12, 2009 3:38:56 PM
Is this the best argument you Dems can come up with? Everyone Obama has ever been associated with since he ran for president had some type of cloud over them. Remeber rezeko, ayers, wright ect. Just face it, it it looks like a duck, walks like a duck. quacks like a duck, it probably is a duck.

Norm, I think Obama is doing a great job. But it’s NOT Obama that is not allowing the crooks into his administration. He has nominated 3 so far that have been vetted out.
I’m not sure who is keeping a close eye on OUR welfare for a change, but I applaud them. I guess it’s Congress helping us out for a change, correct?

Norm, The President has allowed lobbyists in his administration- for example at the defense department ” an exception was made” and there have been others.
For the Treasury, how about an economist that has not been a lawyer or consultant to all of Wall Street? Oh, and how about someone that can pay all of their taxes on time and correctly?

I love how a tough vetting process gets spinned into something bad by the neo-clowns. Next they’ll be telling us the three-day market rally this week was a disaster. HAW!

“just a new time of scrutiny and responsibility.Looks like many of us are not used to this type of leadership.”
*Rolls Eyes*. And if they told you that gorillas made good house pets, would you believe them?

what do you expect from a run of the mill community organizer with a deep voice…he is a joke but who’s laughing???

Yea Mike, Like McCain vetted Palin.
Be quiet.

Why would anyone want to be a part of this sinking administration. Obama is dishonest. He deceived the American people.
Where are the 3 million jobs? Where is the transparency? He signed the spending bill with 9000 earmarks behind closed doors. The list goes on. Obama has lost all credibility.!!!

Obama-LIVE FROM THE WAFFLE HOUSE
Hey moron! The 2 people arrested were still working at those offices. The man Obama appointed is now at his new offices. Got it? 2 staff members still working in that dept and were part of an on going investigation. Dim wit!

Obama Administration Cabinet nominees are like the guys in the red shirts on Star Trek – they don’t seem to last long.

He’s only been in office 2 months. Give it time. It took 8 years for Bush to drive the nation into the ground. It may take 8 more to get us out of this mess.

I’m sure his withdrawal had nothing to do with the highly publicized sexual harrassment lawsuit filed against him by Aaron Charney. Read all about it on abovethelaw.com (go to the archives).

It might be wise to consider some individuals that are right of the daily kos who consider themselves patriots…they most likely have paid their taxes and believe in a constitutional republic…oh, I forgot, they would not fit in with this administration as it attempts to move us into a marxist state that has no use for capitalism.

Looks like Chimpy O is having some trouble.

Come on guys, us Euros are expecting you to agree to solve the world by thinking happy-happy thoughts this weekend. Well at least Gordon Brown is, as it’s his last chance to save his career.
At least get us someone we can blame for the mess ;)

Oh man, it’s gonna be great to see Dems lose Congress in ’10 and then the WH in ’12.
It’s funny how they stopped using that old “culture of corruption” line of attack once they realized how corrupt they themselves were.

So all these failed nominations are happening because *Obama’s ethics standards are so high*. Sure. If that’s the case, then how is it that they made it on to Obama’s radar screen in the first place? Is there no vetting system in place until *after* people get nominated?
I’ll be impressed with Obama’s ethics standards once his people start finding talent that make it through the screening process in the first place.

Well, this person didnt have any tax problems, didnt work for ACORN, and doesnt G-Damn America or think we’re a downright mean nation of cowards.
So theres really no place for such a radical in the the Diaper Dandy administration.

There is nothing about obama that impresses me, except that he IS a damn good liar.
http://talltown.us

O yea, the Messiah has real tough vetting and ethical standards, most ethical Presidential standards ever.
If you’re not a tax cheat, you can’t get in. Just that simple.

I don’t think we have any good people anywhere!
2 arrested in FBI raid at Obama appointee’s office
March 12, 2009 – 3:27pm
Law enforcement officers search the D.C. Office of the Chief Technology Officer. (Photo courtesy of Channel 4)
Mark Segraves, WTOP Radio
WASHINGTON – An employee of the D.C. Office of the Chief Technology Officer and a private contractor were arrested Thursday in a federal bribery sting, sources tell WTOP.
Yusuf Acar, 40, an employee of the D.C. Office of the CTO was taken into custody by FBI agents at his home in Northwest D.C.
Sushil Bansal, President and CEO of Advanced Integrated Technologies Corporation (AITC) was also arrested, sources tell WTOP.
In 2008, Bansal’s firm received .Net Development Support and Peoplesoft Consulting Support contracts from the D.C. Office of the Chief Technology Office totaling $350,000.
AITC has also received contracts from the D.C. Department of Motor Vehicles. In 2008, Bansal received the Entrepreneur of the Year Award from the Association of Indians in America, according to AITC’s Web site.
Government records show Bansal is not a U.S. citizen and holds an H-1B visa, which is given to foreign workers in specialty occupations.
Last week, D.C. Chief Technology Officer Vivek Kundra resigned from his post to take a job in the Obama administration as the federal government’s chief information officer.
AITC has been working with the D.C. government since 2004. Once Kundra took over as D.C. Chief Technology Officer in March 2007, AITC’s contracts doubled to more than $5 million in 2008.
Kundra has also worked for Science Applications International Corporation (SAIC). During his time at SAIC, Kundra provided consulting services at the U.S. Department of Health and Human Services (HHS).
On AITC’s Web site, Bansal lists SAIC as one of AITC’s strategic partners and says his firm has performed contract work for HHS.
Kundra has not been linked to Thursday’s raid.
White House press secretary Robert Gibbs said the Department of Justice told the White House on Thursday morning of its planned raid, the Associated Press reports.
However, Gibbs declined to comment on whether the White House was aware of the investigation before Thursday, the AP reports.
Channing Phillips, a spokesman for D.C.’s U.S. Attorney’s Office, tells WTOP that two people in custody will appear in federal court later Thursday.
On Thursday morning, the FBI served a search warrant at the office of D.C.’s Chief Technology Officer.
FBI Washington Field Office spokesperson Katherine Schweit would not comment on the details, but called it “a continuing ongoing criminal investigation.”
More than a dozen FBI agents – including evidence technicians – were at the office, located at 1 Judiciary Square on 4th Street in Northwest.
Most of the employees were told to go home. Other employees were put into a waiting room.
The FBI later expanded its search from 9th floor offices to 10th floor offices.
The 10th floor has been closed to the public while the FBI searches the offices that house the Administrative Services Modernization Program.

The Dems are in power. Every one else step back.

WOW. They got him. Good.
Next will be Bush, Cheney and Rove and Scooter Libby

More Obama madness during an economic crisis. Does this ever stop with this administration?

You know the loony-left liberal d-crats are in trouble when they can’t even find another good TAX CHEAT to take a job in their TAX CORRUPT regime.

I know my idealogy has failed and led to the largest global economic crash since the great depression. In spite of this, I hope Obama fails and we can win back our power and help destroy the country even further. We hate government and it’s what we do and stand for. Go GOP!!

“This means Obama is not allowing any crooks or lobbyists into his administration. These standards are the highest in US history.”
Other than noted tax-cheat Geithner, of course.

I understand that if there are any Americans that can balance their checkbooks and have paid their taxes, they can apply at:
openjobsUSTreasury@Timneedshelp.gov

Obama doesn’t seem to know people to serve in his cabinet that are not crooks or tax cheats. Beards of a feather stick together.

What was Cohen up for anyway, Undersecretary of Looting and Kleptocracy? He was the worst of all the bankers’ geisha girls, worse even than Geithner, because he had some job skills.

Pres. O’GREEN is helping the IRS solve the “underground economy” problem by nominating every tax cheat in the U.S. for a position in his administration. At this rate he will balance the budget in no time. If he keeps it up the prison system will need a bailout to help with the overcrowding issue.

It is just a sad state of affairs that, arguably the most important state department, Treasury still has gaping holes in its staff when the country needs it to be running full out to deal with the economy. We are quickly becoming the laughing stock of the world. Geithner was appointed in November, he was already involved in TARP before then, so he had 2 months to hit the ground running. Almost 2 months after inauguration we still have nothing. Too many asleep at the wheel.

Country folk:
For the six THOUSANDTH time, it was dopey, unfunny Tina Fey, impersonating Sarah Palin on SNL, who said, “I can see Russia from my house”, not Sarah Palin. But you Libs don’t bother with reality. As long as your fantasies sound good, you’ll adopt them as real-life events. I’m sure you haven’t looked into Sarah Palin’s numerous accomplishments, which actually better qualifies her to be president than Bimbo Obama, either. Again – deny facts and reality, and instead, adopt a series of hokey catch-phrases and talking points so your equally-idiotic, liberal friends can laugh with you, be impressed, and feel elite to everyone else.
And Obammy’s “stimulus” bags of pork, currently edging upward past 3 TRILLION dollars, is more money than we’ve spent the entire time we’ve been in Iraq. And he’s only been at it since January.
You’re too emotionally involved in the Messiah, Country folk. Cut the umbilical cord. This man is a DISASTER. Noted economists, other world leaders, media figures – even Democrats in Washington – are starting to wake up to that reality.

Dam if he does and dam if he doesn’t.
While you are “LMAO” perhaps your job is next.

I admire Timothy Geithner and anyone else who would accept a job where incapable republicans would have an opportunity to quiz/try to embarrass me while my family watched. Old white nerdy southern-y guys lookin’ for their moments to “shine” by pickin’ on the “target” in the chair. Shameful and frankly, some of the posters here need to be questioned about their capabilities before being allowed to hit the “post” button.

Hmmm… Over 5 people now, one after the other. I think this is appropriate paraphrasing Rev. Wright. Democrat’s Chickens are coming home to ROOST.

nell post….I guess you’d rather see a young mulatto chicago thug-y type asking the questions? I guess you’d say that would “be fair”.

Be a Treasury Department.
The Treasury Department of One.
It seems less impressive when that’s because only one person has been approved though… especially when he also had tax issues.

Rats running from a sinking ship?

At least with the vetting process, they’re making sure to keep the crooks out of the White House. Considering how Bush stocked the pond with unethical people, I’m proud of Obama for upholding his pledge to run an ethical Administration. GOPPERs can laugh all they want, we all know what they bring to the party
Posted by: Bob | Mar 12, 2009 3:20:29 PM
your kidding right ? or do you not read the news hes got lots of crooks he snuck in there already lol you have to be joking right i hope so cause if not i dont know what to say to you

FIRST BOOK OF DEMOCRAT
OBAMA IS A SHEPHERD,
I SHALL NOT WANT.
HE LEADETH ME BESIDE STILL FACTORIES.
HE RESTORETH MY FAITH IN THE REPUBLICAN PARTY.
HE GUIDETH ME IN THE PATH OF UNEMPLOYMENT.
YEA, THOUGH I WALK THROUGH THE VALLEY OF THE BREAD LINE,
I SHALL NOT GO HUNGRY.
OBAMA HAS ANOINTED MY INCOME WITH TAXES,
MY EXPENSES RUNNETH OVER MY INCOME,
SURELY, POVERTY AND HARD LIVING WILL FOLLOW ME ALL THE DAYS OF MY LIFE.
THE DEMOCRATS AND I WILL LIVE FOREVER
IN A RENTED HOME.
BUT I AM GLAD I AM AN AMERICAN,
I AM GLAD THAT I AM FREE.
BUT I WISH I WAS A DOG
AND OBAMA WAS A TREE.

Obama NEVER promised to get rid of all earmarks…that was the GOP loser, McCain who promised no earmarks. Obama promised scrutiny of earmarks and removal of any earmarks that don’t benefit the public. Know what you’re talking about before you open your mouth…your ignorance is showing. Then again facts are just pesky annoyances for the dittoheads. EVERY politician knows damn well that earmarks are going to be in any and every bill proposed, Democrat or Republican. McCain’s ad nauseum grandstanding is disgusting.

Joie, please show us where an earmark ever helped the taxpayer?

Now what happened. Is there some murder investigation going on? It can’t be taxes, they don’t matter any more.

How soon can we get the right wingers to ALL move to Texas and secede??? PLEASE go…we don’t want you among rational people.
No matter what Obama does, the GOP is going to obstruct. They can’t stand the fact that they’re becoming obsolete and the “real America” is turning a page on their divisive, xenophobic, homophobic, “scorch the Earth” politics and propaganda. Check out the hundreds of millions they’re spending on DISinformation campaigns to demonize the Employee Free Choice Act. I wonder just how much Wal-Mart is pouring into these campaigns filled with outright lies??? Big business is scared sh*tless they’ll have to pay decent wages and provide some decent healthcare. The secret ballot will remain an option for those wanting to form unions, but the union busting campaigns don’t want YOU to know that. The jig is up folks!
Posted by: America is waking up | Mar 12, 2009 6:48:07 PM
________________
Actually, the jig will move to another country that is friendlier to business. A country like Switzerland. Oh, and they take all the jobs with them.

You apparently don’t know that the American Cancer Society, Easter Seals, Susan G. Komen for the Cure Advocacy Alliance, states for highways and bridges (that actually lead somewhere) ALL receive EARMARKS. I implore people to stop allowing themselves to be spoon fed bullsh*t. NEVER take anything at face value. Learn to ask questions and do your own research.
The earmark debate is the perfect example of how the GOP effectively manages to shift the focus off of real issues (for which they have no solutions) by declaring war on something that accounts for less than 10% of the total budget. Interesting how they never mention the earmarks they’ve slyly slipped into the budget.
I guess when you have no viable solutions, your best bet is to create distractions.

Joie. WHAT? Your kidding right? No one wants earmarks from any political party. Don’t you understand? Earmarks are for those looser’s who cant make an honest income because they KNOW tha NO ONE will buy their CRAP and instead get the Government (taxpayer) to pay them. Just look at your pal Al Gore.

Enjoy your apppearances on GMA. You do a great job explaining what has happened

Our corporate taxes are higher than most of the world, and the Messiah wants to raise them? If you we’re a CEO, where would you locate your corporation?

Who killed more Americans???
When Al Qaeda killed 3000 Americans at the WTC we sent 150,000 men and trillions of dollars running after them all over the world. The American born financial terrorists I bet killed many more than 3000 (thru stress and heart attacks)after saving and investing for over 30 years and losing 50% of their hard earned money. Imagine if the SEC had a 150,000 thousand man army and unlimited trillions to go after the American born internal financial terrorists. This huge financial collapse had to involve huge amount of illegal activity. In Fact the head of SEC enforcement was so embarrassed by the Bernie affair she quit. Fiduciary responsibility seems to me, to be a ancient English term that should be removed from the language. We will never restore confidence in markets without rounding up and JAILING the culprits of which there are many.

You’re singing to my choir, good Reverend.
This mess didn’t take two months (or twenty-two, or… )to happen and it won’t be fixed in an instant, either.
It is so counter productive to make an assumption of failure before success even has a chance.
Sheesh
bless ya bro!
G’night all

Maybe, just one by one it will be possible to weed out the cheats, phoney “public servants”, and downright crooks!!! Or, just maybe, it will get the message across to our “esteemed” D.C. hangers-on,that they can run, but perhaps cannot hide. Isn’t it ironic that Obama’s own nominations are unpeeling the onions slime and dishonesty? Well, he promised to “reform” D.C. Perhaps in his own bumbling way, hejust might be doing it.

Considering the grief that Geithner is getting I don’t blame him a bit.

Why will be the president Obama has preference for slicker people? I have one concept. In this case, I always remember the words of my grandmother: one opossum smell the other.

Now, is this article, what you SET OUT to write? Or is this what your old buddies, CARVILLE, BEGALA, and GREENBERG TOLD YOU to write? You know, after the Morning strategy session, on the phone. You’ve got ZERO credibility. Not that you had much, to start with. But NOW, you’ve got ZILCH. You should change the name of YOUR Show. Like that stupid HACK BROAD, over at CNN. ‘GEORGIE PORGIE: NO BIAS, NO PHONE CALLS’. You see Chris Mathews? That’s where YOU’RE heading. Shut Up. NO-ONE BELIVES YOU.

George….you’re such a shill for the administration, no one can take you seriously that “Obama administration officials have pushed back hard at critics who argue that failure to fill key Treasury Department positions is hampering their response to the economic crisis.”
George, you’ve lost any credibility that you imagined you might have once had. Shame on you.

Why would an experienced Wall Street professional want to take less money for far more scrutiny and to be eventually thrown under the Obama Bus? Geithner and crew will be eventual fall guys for Obama’s failed plans.

Obama, one big crap sandwich of an administration. It’s like watching a train wreck in slow otion. You know where it will ultimately end but you still flinch to try to prevent it. Sad day for America when Obama is held up as an example of the best we can do.

This is ridiculous! We’re supposed to be getting government officials, not priests! How can the President fill positions if everyone chosen is “stained” by some “offense” or another? This “pure” candidate mess needs to end.

- Britain’s most senior civil servant, cabinet secretary Sir Gus O’Donnell, claimed it was hard to find anyone to speak to at the US Treasury Department.
“There is nobody there. You cannot believe how difficult it is,” he told a conference of civil servants.
All I can say is THANK GOD for that!
What is the definition of a camel? It’s a horse created by the government.

Mr. jimmah obomie jr. is doing a very fine job of destroying the democrat party he’s what you call a failure juss like jimmah Cotter but what do you expect from people with a liberal education someone with brains. There tain’t no such thang as a smart liberal. DOH!!!!!!!

Let’s not forget the Urban Czar pick, whatever that is, that has run into Tony Rezko type problems. Momma always said you are judged by your friends, fair or not, does this guy know anyone who isn’t a down right crook. UMMMMMMM, considering he came from Chicago, highly doubtful. This is just too hysterical. Buyers remorse yet anyone???

Seems as if we are REALLY searching for qualified people right? This is nothing to scoff at.If the previous administration had as tough a vetting process as this then we probably would be in the mess that we are in now. i guess you can attribute it to marriage. You wanna make sure you pick the right partner.Of course some of you folk that love to hate Obama find pleasure somehow in this.The cheer for failure is sickening.

Obama’s administration is a sinking ship. Why would anyone want to be part of it. Obama can’t find people who are honest to nominate.

buyer’s remorse sweeps the land. only in america could a TV spokesmodel be elected president. welcome to the shortest honeymoon in history. couldn’t be more thrilled about it. i have faith that even obama and his team of neophytes can’t destroy this country, although they’ll make even the carter administration look great in the process of trying. hopefully, some of the intelligent people out there that swooned over obama will learn a lesson in this….

This is really becoming a laughable issue except for being such a serious problem. Being a Washington or political “insider” does not make you a “best qualified” candidate. Being able to see a tree or two when looking at a forest would help. Being able to figure out your taxes and not having an illegal alien “Nanny” would be a hugh plus++. On second thought…it is laughable.