Democratic Senators Tepid on Geithner Support

Nice shot Obama, don’t forget about your other foot… More incompetence just like the last guy. This is real chump “Change”.

Tim Geithner looks like a deer caught in the headlights. I don’t need “cable chatterers” or politicians to tell me he’s in over his head. The look on his face tells me that.

How ridiculous. Who saw the Charlie Rose interview? Who watched his responses at the Congressional hearing? Thank God we finally have a team in place with brains in their skulls. I’ll agree that his first press conference was not a good presentation but the man is brilliant just like everyone said when the speculation swirled as to who would get the Treasury Secretary nomination. Our economy is like the bus that has skidded off the bridge and now hangs teetering over the abyss. By moving one way you potentially cause the whole thing to fall so you have to have a calculated plan to extricate yourself. The new administration inherited ALL of this and has been in office for about 8 weeks. Geithner has had his position for even less time. Get real.

The man should have been fired 3 days ago….. He is a lier and a tax cheat…. Obama is in way over his head… The man is a fool…!!!!!!!!

Herein lies the major problem with these self-serving, narcissistic politicos . . . they’ll watch the Republic crumble before they’ll take an unpopular position. Honor and courage are simply not found in these dolts.

What’s the point in constantly looking for the negative? You can’t flip a switch and everything is all hunky dory… and they said there would be mistakes and false starts and working towards solutions. Give them a chance to function, no one expected bush to leave the country in the toilet, let alone pull the handle as he walked out the door. At least this team has a brain pool, not a cess pool to pick from.

Said Sen. Chris Dodd, D-Conn.: “He has the President’s support and backing, and he has mine at this point.”
>>>>>> Like a cockroach with the lights off. When the light goes on he will be saying I knew he wasnt qualified.
These guys are so incompetent.

Can you just imagine the flack if Bush had appointed this guy? Note that as the media and the administration discuss the higher than projected deficit over the next four years they fail to reveal that sleeping giant the NATIONAL DEBT which every deficit increases and no president to date seems to have discussed much less tried to do anything about. We will probably be beyond any hope of recovery ever by the end of Obama’s spending. Ask your senators and congressman what they see as our future.

Geez, I wish folks would ease up on Geithner.
It’s not like he lied about a war and caused thousand of our servicemen to unnecessarily be killed or anything.

Tim Geithner (and Larry Summers) know exactly what they’re doing. I think Obama insists on his entire cabinet working within the bounds of the LAW. If denying the bonuses would not have survived legal challenge, then he made the correct decision. It may not be politically popular, but its the right decision and I applaud him for having the courage to make it.
Congress should have the courage to follow his lead. Instead, they pass a bill to tax bonus payments that they know is unconstitutional and will never become law. Why did they do it? Not because it was the right thing to do but because it’s politically popular, at the moment, with their constituents. Why did 87 Republicans agree to this tax increase? Something they are philosophically opposed to? For the same reason, because it’s politically popular at the moment. Pathetic.

Why don’t you news people back off of the Secretary, he is just trying to do his job, back off!!

Why don’t you news people back off of the Secretary, he is just trying to do his job, back off!!

The last thing the media needs to do is give this bunch a free ride.

Tim Geithner is now in white house intensive care unit and more importantly Larry summers also their time is over and their days are numbered, they are product of the same wall street that we are talking about.

Let’s make it crystal clear. Mr. Geithner lied and cheated on his taxes, Mr. Geithner lied about knowing about the AIG bonuses along with Mr. Dodd who added them to the Pork Bill after hours. Anyone see a pattern here. Mr. President, it’s time for this guy to go back to the private sector.

And one other thing Mr. President, when did you know about the AIG bonuses? I mean “THE FIRST TIME”.

We need an investigation about when Obama knew about the bonuses. Dodd, after denying any role in the laws language, not only fessed up on himself, he said that the administration requested the language allowing the bonuses.

If not Geithner than who? Is he better than Paulson who began with the bail out mess? Is there any original thinker who can provide an economic recovery without dumping trillions in government spending? I think that there is very little courage within Government to make the hard decisions of spending cuts and slicing the deficit in half and trimming the government and so in my opinion Geithner alone cannot change the economic trends and cannot take the blame for the bail outs that have been a big waste. It is time for capitalism to take its course under strict regulation, Which means no company big or small should be allowed to stay on infinite government life support like AIG and Citi has. Someone has to say let the chips fall where they may and that decision has to come from the top because that will require real courage and dynamism and will be a high risk decision but one that may trim the incompetence and restore faith in government and begin the recovery process. If this decision was taken to let AIG go if it did not receive a bail out was taken in last September, we may have been sitting in a recovery now without the confidence in government and wall street lost. This is not Monday morning quarter backing because I said so in September 2008 and so did a majority of Americans.

“All the President’s Tax cheating Men” Just because they cheat and don’t pay taxes, doesn’t meant they aren’t honest and without integrity. NOT!

I have been contemplating Geithner’s astonishing sole suvival among the tax dodging nominees who -quite rightly- got the shove. I repeat: He’s a tax dodging crook, yet he got the Revenue collecting, allocating and disbursing job. It’s unbelievable. A common poacher given the head game keeper’s job. I note that he is jewish. I hate to ask this question but would he, by chance, be the best bet for those who want to continue the US Treasury’s often illegal financial support for Israeli -again often illegal- military acquisitions?. And would this intervention on behalf of AIG bonuses have anything to do with Security Services’ -in this case the Israeli Security Services’- traditional way of creaming off private company funds to pay for their covert Intelligence activities? It would certainly provide a full explanation for his otherwise extraordinary and apparently counter-productive actions since taking office and his astonishing approval in the first place and survival up till now. Methinks it may well be Rahm Emanuel who has a lot to answer for. Sereving two masters is always a dodgy business.

What Obama’s administration is doing with the tax payer’s money is incredibly wrong. In fact, they are not just stopping with the current taxpayers but also will be using the taxpayers for the next few generations to pay for their spending blitz.
For those who say this mess was inherited, every president inherits from his predecessor. Bush cleaned up a recession after Clinton. The difference is he didn’t have the democrats in Congress listening to him back in 2004 when he predicted we needed more regulation for our lending institutions. Also, since Obama was part of the Congress at that point he inherited his own mess.
This collapse was brought about because the American people are spending beyond their means. How does it help the problem when the US government continues the same practice? The US government needs to scale back and stop frivolously wasting the taxpayers’ money. They also need to put money back into the citizens’ pocket with a tax credit. Once the taxpayers have a little more cash flow, then they will begin spending.

And only three months ago how many of our “esteemed” leaders supported him? If I recall correctly a number of politicians, economists, and corporate executives were saying that Geithner was the best option for this position. We all expect miracles but the truth is that this mess cannot be fixed in two months much less two weeks. No wonder the President can´t find anyone to accept the pending appointments in Treasury. Who in their right mind would want to become another punching bag?

The American People BEGGED Washington – Congress, the Treasury, the FED (where Geithner is from), and the Presdident – not to embark on Bailout Economics. Washington refused to listen. The result is a FISCAL DISASTER.

Give Geithner a break. America is in a gigantic financial crisis. Geithner inherited this. Why do you think it has been difficult to get him some help. Geithner has only been on job for 8 weeks. He is reportedly a brilliant hardworking man. Well respected. Give him a chance to do his job before crucifying him.
What about Bush Administration giving the ok for giving these bonuses last fall? All these arrangement were made then. Liddy was brought in/appointed by Bush administration. Present Obama administration loses credibility negating prior government agreement already agreed to.
Everyone is also blaming Dodd for the changes. But legally it would be difficult to now take away money when Bush administration approved these last fall. Publicly Bush said there would be no big bonus payouts. Behind the scenes
negotiations were going on to do just that. Present Treasury was receiving strong legal advice any laws regarding retroactive action against these bonuses would lose in court. That is why clause was inserted limiting forward contract payments after February 9, 2009. Corporations were given some leniency by paying in stocks until taxpayer money paid back. This was real good incentive for executive to make sure company thrived. Executive could not just receive these payouts/salary with no regard to profits of company. Salary was also limited until company returned to profit and taxpayer money returned. Limits were quite fair to taxpayers and corporations. I feel those restriction
in second stimulus bill were excellent considering what Bush Adminstration and his Treasury did then.
None of this excuses the corporation involved for not pursuing re-negotiation of these contracts though. These corporations are ones to blame. These corporation are quite defensive of any interference with their business. These corporation knew taxpayer that are bailing them out were getting quite angry about these payments. But they took no action. Why? Contracts are re-negotiated all the time. These corporations that are on brink of bankruptcy should have voluntarily done something. They had to have realized repercussions would explode. Salaries/retention pay/bonuses should have been changed. Such poor business decisions made considering they are losing lots of money each and every quarter.
The Tax Bill that passed through Congress is still a questionable legally. I am not sure it will eventually become law. Legislators are just scrambling frantically to the tune of outraged taxpayers.
These corporations saying they will lose executive is the “old” belief stance. All has changed. They are almost bankrupt.
Obama is not making any real commitments or taking strong stance. He says he is angry. Good for him. The legal verdict is still out on this Tax Bill. He came aboard midstream taking on inherited worst disaster in years. Prior government agreements regarding prior bailouts had already been agreed to. And there was no limit on these payments. Republicans did not want limits imposed. Democrats tried back then, but they could not get the votes at that time if limits set in huge original bailout, even among their own party. Do recall the all the “hoopla” last fall. Original bill had difficulty even passing.
Midstream it is difficult to change prior agreements legally. I feel Obama administration and legislators felt they were doing what they could do legally. Place restriction going forward. This was a just legal stance/solution.
Now we just wait to see what happens to Tax Bill. Am I angry, yes. But I am attempting to evaluate the real progression of facts. I would like to see all the legislators stop the political attacks and game playing – both sides.

“All the President’s Tax cheating Men” Just because they cheat and don’t pay taxes, doesn’t meant they aren’t honest and without integrity. NOT!”.. …..I literally laughed out loud when I read this. Best post of the day!! Loved it!

The time to have been tepid over Geithner was when it was proven that he was a tax cheater. THAT was the moment the man should have stepped down and BO should have had the B***s to ask him to. Arrogance. It is alive and well in the WH and will be for 4 more years. Just because the man elected to Pres is black does NOT give him a get out of jail free card and collect however much you can.

I had to fork over a check to the IRS for around $3K because I had the ‘audacity’ to pull from my IRA to pay my kid’s tuition….I can’t imagine how much trouble I’d be in if they caught me not paying that. Yet Geitner gets away with literally thousands in unpaid taxes, so much for the ‘Audacity of Hope’.

If it’s not too much trouble, do you think we can screen the folks lining up for jobs in Obama’s cabinet to weed out the more egregious liars, criminals and tax cheats? Heck, I’d settle for the same level of scrutiny you’d get applying to work in Mcdonalds. But inept as he is, Geithner is not the problem, any more than is Obama. They are symptoms of the disease, not the caue. The root of this disaster is the private, for profit banking cartel that likes to pretend it’s part of the federal government–I’m referring to the Federal Reserve. Please, lend your support to bill HR1207, A Bill to Audit the Federal Reserve. Cut off the head of the snake before it devours us all.

posted by Jill I AM..I have seen many a herd mentality on these blogs, but this one takes the cake.
Hey Jill,,,Speaking or “herd mentality” Yeah, I saw it a lot over the last 8 yrs before Obama and even after… With some people claiming Bush was the best President ever. And I see it with those whom think that Rush’s huffing & puffing is the gospel…So do you mean free thinking people according to whom??? Rush???
I also find it humorous that your type of “mentality” link my comment to any part of Hitler. Because I am betting that you voted for Palin/McCain, and from this view, Palin is a freak and would have fit beautifully into your type of mentality… yeah… what a job she would be doing now… Obama made a gaffe on Leno… Palin is a gaffe. Were you a part of that herd…?
If I had commented as you have, I would be seen as unpatriotic but, since I stated my comment because finally I see a President that I can believe and have faith in…a first in my lifetime… that makes me having herd mentality than so be it… This will be a first for me hmmm….feels fine to me…
I voted for Obama on the issues, and as President, I think he is doing a fantastic job… certainly better than the last 8yrs…
From one herd mentality to another…
Hope you have a great day!

Thea, had a fabulous day. Many thanks for your concern. As for your incorrect assumptions about whom I voted for, I can only deduce that you incorrectly assume that anyone who speaks out against BO and his entourage must be part of “the others.” I’m simply an American who knows when poor choices have been made, just like many poor choices have been made not only in the past 8 yrs but in the 200 plus years we have been a country. Once again, in as kind of tone as possible, simply because BO has faith in Geithner does not mean that ALL should have faith. I stand by my comment because Geithner IS a tax cheat. I stand by my comment because Geithner is in WAY over his head and even the dems who supported him are now “tepid” in their response. Why? Because they and every other politician are concerned about fallout -if they see the writing on the wall, they will “bailout” faster than you can say AIG. Those are not unpatriotic words thea, simply statements. So, I say to you, have a great day from one American to ……the herd.

Betcha Geithner pays his taxes THIS
year. Betcha Rangel doesn’t.

Geez, I wish folks would ease up on Geithner.
It’s not like he lied about a war and caused thousand of our servicemen to unnecessarily be killed or anything.
Posted by: LarryE | Mar 20, 2009 8:42:04 PM
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cmon larry ,get with the program (idiocy/stupidity/denial of facts)
be a real republican ,obfuscate man obfuscate!

Isn’t strange the that the media demanded to know every detail of President Bush’s past, his college records, his military records, his health records, now are willing to give President Obama a pass on something as simple as a birth certificate? Why won’t the President release a copy of his original birth certificate instead of the recently generated abstract? It’s only a birth certificate, what could he be hiding?