GOP Rep. Calls for Geithner’s Ouster

Screw you Connie Mack–If anything you and your corrupt cronies in Congress ought to be fired. What A MORON !!!

The AIG bonuses account for less than 0.1% of the money they have been lent by the government. If Geithner had made them his top priority, then yeah – he should be fired. In my book, the fact that he appears to have only focused on them late on the game is a mark in his favor.
AIG bonuses make for good headlines, but they are irrelevant to the fundamental structural problems. The President is in charge of the bully pulpit and has to answer to the public, but I have no problem with Geithner having put the bonus issue at a low priority.

I am calling for the whole of Congress, Democrats and Republicans alike to resign or be fired…
It is Congress that is responsible for the AIG bonus mess…for how can taxpayer money be given without expressed conditions…
Congress is very good about shifting blame but, this is like giving money to a child that has shown to have acted irresponsibly and then expecting that child to what… all of sudden to be responsible…
That is not the way I was raised nor is it the way I have raised my children…
I am surely not going to reward them for bad and irresponsible behavior and If I must bail them out, they would find themselves living within very limited conditions…
This is just common sense…
So how many in Congress will step up and take responsibility and how many will just continue to blame everyone else as usual… ???

wow!…Jhw539… I read your comment and it is a good point well taken… Thank you

I have to agree with jfw539 and theafalcon200, too.
Here’s an idea along theafalcon200′s suggestion about firing congress – how about we vote ‘em out? If they haven’t cleaned up their act by 2010, whoever is in, goes out. Pick the best candidate from either party, or an independent (better yet) that isn’t a current member of congress, and vote ‘em in.
“Vote ‘em out 2010″ is born!
Take to the streets, and march to the voting booth!

If you republicans support trickledown economics..then you should support the idea that under the laws of capitalism and free markets..this is the way the system works the best..and eventually those bonuses should trickle down to create jobs..LOL

Watching the AIG hearing, I can’t believe that the news media is hesitant to report That it was Dodd’s Amendment that allowed this bonus fiasco. Just a coincidence that AIG headquarters is in Connecticut and Dodd received the largest campaign contribution from AIG.
Why is the media finding difficulty with Dodd’s name – D O D D.

Geithner is going nowhere! And oh Obama will succeed.

“The AIG bonuses account for less than 0.1% of the money they have been lent by the government. If Geithner had made them his top priority, then yeah – he should be fired. In my book, the fact that he appears to have only focused on them late on the game is a mark in his favor.
AIG bonuses make for good headlines, but they are irrelevant to the fundamental structural problems. The President is in charge of the bully pulpit and has to answer to the public, but I have no problem with Geithner having put the bonus issue at a low priority. ”
——————————-
jhw539,
No criticism for Chuckie Schumer and his fake anger over this? After all, this paltry 165 million or so….no one cares about that….
Think maybe he would like to rephrase that now?
Giethner has been a player in this thing fromthe beginning. After all, that was WHY he was such a critical guy! He STILL has not produced a plan for the banks, Obama STILL has not fully staffed Treasury & now we discover that everyone associated with the “Stimulator” has no idea how things got into it.
Amazing isn’t it? Hundreds upon Hundreds of pages, Billions upon Billions of dollars..all cooked up in the “fast” lane. AND now, OPPS…we F****d it up!!!
Like it took a congressman to figure out this was going to happen! Now with all kinds of REAL issues to still deal with, Barney Frank decides we need to have a hearing!
Under other circumstances, this would be funny, but the truth is it is a REAL tragedy that these Demcrats have found a way to make things even worse.
After this fiasco of zero accountablility, we know now why TARP money vaporized.
ALSO, DO WE REALLY WANT THIS GROUP OF FOOLS RUNNING A NATIONAL HEALTHCARE SYSTEM?

Mike C,
it is true that Obama has not fully staffed the treasury but he is doing better than Bush jnr, Bush snr and Clinton.
Aside from that he has more on his hand than any other president apart from FDR.
He will succeed. He will pass universal healthcare, he will reduce energy dependence and he will turn the economy around. Mark my word again.

If the people receiving bonus reduced potential 4 trillion loss to 1.6 trillion, why don’t they deserve the 166m bonus? Sure, AIG has lost a lost money, and will likely lose a few billion more, but why is it so hard for people to appreciate the contribution of these employees in steering the tax payers away from a real catastrophe? Mr. Liddy and many hardworking AIG employees are American heroes.

I suggest we all quit fighting between Democrats and Republicans and get together to make our government accountable to us. There is corruption on both sides and they are all going to destroy our country if we let them. The past is the past, it is time for Obama to fix this mess no matter who made it. He needs to take charge and fix it and quit acting “surprised” that it happened. You and I would be fired for such stupidity!!!

Connie Mack – you are a joke!!!!!
Actually all Republicans are a joke right now. They are the pot calling the kettle black.

Republicans better just sit down and shut up for the next 8 years. It’s going to take that long for you all to get your act together.
Give me a break! Republicans make me sick. They are the ones who got us into this mess!!!!

Connie Mack was far more patient during the 8 years of the Bush Administration … come on Mack, quit putting politics first … there are more important things to be done here! Geithner is going to get the job done!!!

Geithner should stay ..
the banks are REBOUNDING nicely …
Connie Mack is a MORON catering to his IGNORANT constituents.

“Perhaps everyone forgets that Freddie Mac/ Fannie Mae were ordered by Carter and Clinton to make the loans that made these houses of cards by not requiring the “Borrowers” to actually prove they could pay back the mortgages. What a bunch of dopes.
Posted by: Gunnerv1 | Mar 18, 2009 4:02:57 PM”
1. Freddie and Fannie DO NOT make loans.
2. It was Bush and the Republican Congress who passed a law in 2003 that eliminated the need to MAKE A DOWN PAYMENT ON A HOUSE. Down payments were a way to self-regulate everything and it was BUSH and THE REPUBLICAN CONGRESS who got rid of it.
That’s why this problem only ramped up AFTER 2003!!!!
3. The biggest problem is with DERIVATIVES not mortgages. It would have been a small problem had it only been about mortgages.

Now Republicans are calling the dems socialists. That’s a good one.
I think they need to read up on what socialism actually is……Apparently Republicans don’t even know.
For all you Republicans who call Obama a socialist – this is for you!!
Please read the Outlook section of the Washington Post from March 15th. There is an article written in there to describe what Socialism is and it’s written by someone in the Socialist Party (yes, the party does exist in the United States and it’s not the Democrats).

Does it not scare you that the gov wants to go directly at AIG employees about this bonus mess. The bonuses are wrong but do you want the government to be able to come after whomever they want and try to tax them? Come on we can fight as Americans to take our country back. The gov is incompetent to do so.

Yep, all this is not Geitners fault, its the idiots in Congress who want to keep blame off their shoulders. Where is all the “overhaul” of the banking system thats needed? Haven’t heard a word about that. More tax law changes? Who needs tax breaks when there’s not enough work coming in the door to pay taxes on. Lets scrap ALL income, payroll, death, etc. taxes and go for a flat national sales tax……..OMG how much more productive and happier we would all be without wasting half our lives on BS paperwork…….

Posted by: Mike_C | Mar 18, 2009 3:45:00 PM
“Under other circumstances, this would be funny, but the truth is it is a REAL tragedy that these Demcrats have found a way to make things even worse.”
“After this fiasco of zero accountablility, we know now why TARP money vaporized.” …….
_______________
“You just get here, the last couple of months?” Where you been the last eight (8) years? …….

Boy we really have some whiners in this country, Mr. Geithner has only been in office two months, GIVE THE MAN A CHANCE!!!!. Remember people, ROME WAS NOT BUILT IN A DAY, beside that, the economy has begone to turn around.

Fire all Congressmen who signed the early deregulation bill in the late 90′s that produced this mess!

Hey Mack. You lost the election; get used to it. What a wingnut!

or maybe she’s using this news item for political posturing. (carmen miranda)
Connie Mack is NOT a “she”. You didn’t notice?

Sorry, Krista. Bush had just as much on his hands as Obama. When Bush was first elected, I have no doubt that he had an entirely different presidency in mind. Then came 9/11, designed to destroy our economy, and kick in the door to let the extremists come in for more attacks. Bush and Roosevelt both had to deal with a direct assault on American soil, something other presidents have not had to do, and neither one wanted to go to war. Whether or not people agree with Bush’s military strategies, there were no more attacks here during his presidency. Our economy took a direct blow as a result of 9/11. No question, Bush won’t be high up on the list of effective presidents, but if Obama doesn’t get a handle on things soon, we won’t have a country left to govern. I agree that we need to boot out every politician, because they are no longer effective lawmakers. Long-term legislators breed cronyism, corruption, and power-grabbing. Not once has any senator or congressman mentioned overhauling congress and their pay, benefits, and retirement, while they are quick to ravage SS and raise taxes on the little guy. What I don’t see from Obama is that he continues to go back on campaign promises–no lobbists, no pork spending, transparency in government,–all the things he promised to get rid of. I believe an effective president must surround himself with effective people. He hasn’t done that, and I’m beginning to question his judgment. I hope he will soon, for the sake of our children and grandchildren.

Any man named Connie needs to look in the mirror! What a blowhard! Trying to blame a guy that’s been in office a mere 2 months for the mess the Republicans created 8 years in the making. Get over it Connie and try to help fix the problem; not add to it!

“pmennick – Please get a clue….it’s comments like yours that is really scary. Please inform yourself. Obama has been in office less than 2 months and you want to compare him to Bush?
Cheney should be in jail for what he did.
Posted by: Mike | Mar 18, 2009 4:21:26 PM”
Somebody here with a brain.
Thank you.
I was beginning to worry.

The voters will be clearing out more republicans soon. The have been removing them as as fast as the election process will allow. Something tells me that connie mack should be worried about his own job.

“Sorry, Krista. Bush had just as much on his hands as Obama.
Posted by: James | Mar 18, 2009 4:23:50 PM”
And IRAQ was not one of them.
This was a self-created mess that took over all of our energy over the years that we should have been paying attention to the financial disaster that was brewing.
IRAQ NEVER HAD TO HAPPEN.

Hello?????!!! If you make Geithner resign, there will be nobody at Treasury left to run things

“No question, Bush won’t be high up on the list of effective presidents, but if Obama doesn’t get a handle on things soon, we won’t have a country left to govern.
Posted by: James | Mar 18, 2009 4:23:50 PM”
Additionally, this financial crisis didn’t start in 2009. It’s been brewing since 2007 and Bush didn’t fix it in TWO YEARS but you expect Obama to fix it in TWO MONTHS?
What is wrong with you people?

Connie Mack should resign for good of the country. Where was your experience and leadership these past 4 years when our economy was doing a free fall. Look in the morror!

Posted by: mike | Mar 18, 2009 4:31:56 PM
I agree with you.
Was responding to another poster who said Bush had the same amount on his hands in the first two months he was in office as Obama.
What a RIDICULOUS claim!
Obama has been in office for TWO MONTHS.
I remember Bush being on vacation his first two months in office.

Geithner works for the illuminated ones! He cares not for the people of the USA-other than to devastate them. Stringing out this depression any longer, just makes it deeper and longer.

I remember it was Clinton who signed the release fund bill, and the bankers ran away with the freedom.
Where was your leader when these crimes were taking place?
I had to use some of my savings because I lost my job and kept my bills, but IRS is not going to show me any mercy

Yeah right…where was the outrage when Hank Paulson had the job? Paulson missed (or ignored) all the signs then exclaimed “the sky is falling, the sky is falling” last September as his way of shoving TARP through congress. The money was rushed through approval because we were told of immenent disaster otherwise, and Paulson managed to overlook including any oversight, strings, or anything else that would’ve prevented the abuse we’ve seen. I agree that Geithner has had a rough start, but he’s also had the single most f***ed up economy in decades to deal with, as well as the fallout from the failure of Paulson to add failsafes to TARP before he started handing out money. Give Geithner time. It’s way too early to start calling for his ouster, especially when his predecessor was given free reign, royally blew it, and was never held accountable because the worst of the abuse didn’t happen until after Nov 4th. Calling for Geithner to be fired is pretty ridiculous when you consider what you put up with from Bush and Cheney for 8 yrs.

Oh get over yourself Connie Mack. The previous president and the GOP are why the current administration has such a mess to deal with. Crawl back under your rock and stay there until the Democrats get YOUR mess fixed and this country back in good shape. And for heaven’s sake – keep your GOP mouth shut !! We all know you jerks don’t have any answers so all you can do is try to blame what you can on the new administration. Guess what – WE AREN’T BUYING YOUR NONSENSE.

Well said, Krista. Congress is playing the blame game, and yet those nimrods like Barney Frank and Nancy Pelosi (and Carter and Clinton) are more to blame than anyone. Under their philosophy, absolutely everyone – no matter how poor their credit history – deserved a mortgage, and there was no limit to how large that mortgage could be. Now we’re all left paying for those mortgages, including those of us who struggled with our own mortgage while not asking for (or expecting) a dime in federal aid. But oh, boo hoo, it’s not some guy’s fault if he took out a $600,000 mortgage while earning $60,000 a year. Apparently, it’s the fault of the American taxpayer because we’re the ones left footing the bill.
The AIG bonuses are absurd and the execs should be forced to return them – no doubt about it. But $165 million is a paltry sum as compared with the trillions our generation and many future generations will have to pay because of the STUPIDITY of the U.S. congress and a series of “give away the farm” presidents. And yes, Gethner should be fired, and Obama showed his true colors first when selecting him, then by defending him when it was revealed that he cheated on his income taxes, and now when defending him still again. So much for the “change” barrack hussein obabm promised, unless by “change” he meant even greater corruption and mismanagement.

Who cares what the Repugnants wants. They are “history”. Geithner is doing just fine, given the mess he inherited from the Bush administration. You didn’t hear them whinning when the last Bush treasury secretary was screwing things up. It’s all Repuganicon partisanship….nothing more.

It’s all Repuganicon partisanship….nothing more.
leftyintexas >>>> Garbage. The only thing the democrats are doing is putting your great great grand kids into debt and raising the unemployment to an all time high.
I think we lost another 15,000 jobs last week.

Really now! The Bush Admin was in charge of this when this whole deal started. Blame them. Yes, maybe oversight would be good, but who should have created that oversight with AIG in the first place? BUSH’S ADMIN!

Ahhhh… for all of you that say we need to give little Timmy a fair shot because hes only been there 2 months need to just stop commenting all together. Timmy was the Pres of the NY Fed, he has been working on this well before Barry was even elected. get your facts straight before you start spouting rhetoric.

barefootboy – what nonsense are you talking about there. Republicans have never been fiscally responsible. Look at the three major crises in the last 100 years.
The Great Depression – Republican Responsible and didn’t get another one for over two decades.
The Savings and Loan Debacle – Republicans responsible.
The Financial Crisis of the 2000s – Republicans responsible.

The administration has been a bungled mess from the start and along with every crook that has followed into the perspective offices. What happened to no lobbyists or people with unknown background? If you don’t own a gun or haven’t paid your taxes – YOUR HIRED!!!

Wasn’t the American public just recently screaming to President Bush, “if it happened on your watch its your fault”. Well?

Republican policies have caused all these problems. The voters Have sent Obama to repair it. I bet the majority of the US people trust this guy to fix it as well. One thing for certain. Republican ideology has been rejected by the US voters.

Are you kidding me? The most crooked bunch of thugs was in the Bush administration and they are the direct cause of what they perceive as wrong at the treasury. Have they forgotten that the stimulus package was already written and parts were already distributed under the Bush Administration? Bush and his cronies knew what was going to happen from Jump Street. Geitner has just inherited a mess. Not only should he not be fired, he should press the issue to have those responsible from the Bush administration arrested.

While we all bite each other’s behinds with blame, our enemys in a cave somewhere are laughing their turbans off. Money and politicians are bringing this country to it knees. Sad, very sad!

I’ve seen enough political posturing today to last me a life time with this stupidity. This is just more.

Can anybody take a man named Connie serously?

Can anybody take a man named Connie serously?
=
I take him more seriously than I do you. He is a very smart man. The only thing I don’t like about him is he was a friend to JFK.

I DID NOT know know Geithner ran the NY Fed bank office since 2003.
I DID NOT know that Geithner worked with Bush and Paulson to put together Tarp I.
I DO know that Oblahma said we gotta pass Tarp I(he said that as a candidate for Pres)
I DO know Oblahma said we HAVE to confirm Geithner as Treas sectary.
Maybe Oblahma knows something we don’t.
I doubt it.
there is no change its business as usual
Can’t wait until 1-20- 2013.
it is already OF
Obalahma Fatigue

“our enemys in a cave somewhere are laughing their turbans off.
Posted by: jsea | Mar 18, 2009 5:05:03 PM”
Another Bush failure.

Democrats know but will not admit the our economy was doing fairly well until 2006 and they took over congress and would not let Bush do anything. He warned us about Freddie Mac and Fannie May but no one would listen. To me democrats are just dumb people.

Yea, yea it was the GOP last Sept that was claiming that we shouldn’t put any restrictions on Executive compensation. After all we neede these companies to taker our money.
These guys are a joke

I DIDN’T KNOW Bush said the Iraq War would cost $50B in 2003 and it is more like $2T.
I DIDN’T KNOW we wouldn’t find WMDs ANYWAY.
I DIDN’T KNOW any of this but I still will not blame Bush for anything.
OBAMA is MORE RESPONSIBLE FOR EVERYTHING in TWO MONTHS than BUSH in EIGHT YEARS.
Signed,
An Idiot Bush Supporter

Corny mack wanted to put social security into the stock market along with G W Bush. He reduced regulation of the financial markets. This man is an idiot. He should resign first himself.

Lot of lies being told on here today. Stick to the truth. Bush was critically of Executive compensation. He warned of it and all this started under Clinton. Clinton was the one that started all this plus NAFTA. You libs admit and be truthful. Why do you lie when you know that we know you are lying???????????????????????????????????

Another distraction they have been in congress a lot longer in Geithner.

MACK, YOU and the rest of the republicans are responsible for this mess we are in! – you pathetic rediculous fool. How in the hell does a 30 IQ in a suit, like yourself, get elected to congress. You are a dufus, a twit, a jughead, a flyball, and a bull testicle. GO AWAY!!!

Dear President Obama,
Thank you for helping my neighbors with their mortgage payments. You know the one’s down the street who in the good times refinanced their house several times and bought SUV’s, ATV’s, RV”s, a pool, a big screen, two Wave Runners and a Harley. But I was wondering, since I am paying my mortgage and theirs, could you arrange for me to borrow the Harley now and then?

What some have missed, is Congress and the Senate have pulled-out a 44 magnum on Capitalism. By threatening to target a tax of 100% against one group of people, they show echo the Fascist creed, where the government is the only business the public needs. They hung the last big Fascist by his boots, and next to his concubine, as we should rise up and do to the Senators and Congressman (with their concubines behind them) are trying to do today.

annie you are my hero. People have been kvetching about the Dodd amendment all day because it protected existing contracts from knee-jerk abrogation by a Congress with no Constitutional authority to do that. It also made sure that TARP money came with a pile o’ restrictions the next time around. So many restrictions that a lot of institutions who had their hands out are having second thoughts. Which is excellent.

To annie who thinks Cornelius Mack (Connie Mack) was a friend of JFK.
You are an idiot! This guy was born in 1967. What kind of friend do you think he could be to JFK !?!?!!!!
============
There also was a Connie Mack born in 1940 and was a Senator from Florida and was a friend of JFK. Not sure but the one here may be his son. Have to research that. I never her of the young one.

everytime i ask this i get no answer, lets try again… How many of you are a fan of Chucky Shumer, Dodd, Pelosi, Reid, Waters, Rangel, or my personal fav Barney? come on be honest, do your best to stand up for these people i dare ya. please.
———————
Are these people MEN?????????????

The photo on ABC’s home page is of Connie Mack,from the Senate witchhunt that Al Damato ran re: the Whitewater non-scandal. I know he retired from the Senate and Wickipedia says that Connie Mack IV is in the House. So who’s who here?
Posted by: mkevinf
======================
I live in Florida and remember Senator Connie Mack. He was a popular Senator and a friend of JFK. He retired and people did not understand why because we loved him. I think the one in this article is his son but not sure. Could be grandson. Even though I live in Florida the Mack’s live in S Florida and I live further north. I think but not sure that Senator Connie Mack was the son of the famous baseball player Connie Mack.

stickman, I don’t object to any of them strongly enough to single any one of them out for censure. They’re politicians who behave badly sometimes. Just like their non-liberal colleagues. Since I don’t consider being a liberal a separate criminal offense, I’m going to have to be evenhanded when it comes to condemnation. Sorry.

Shame on Connie Mack! America needs to pull together now and stop playing politics. I bet Connie is the first on his block to put out his America flag too.
Shame on you, be an American!

Are these people MEN?????????????
Posted by: barefootboy | Mar 18, 2009 5:39:55 PM
————
some of us started that way.

It is Obama’s administration that needs to be held accountable.
Breaking News: Dodd Says loophole that protects AIG Bonuses added per request of the Obama administration. The video is about a fifth of the way down.
http://www.butasforme.com/2009/03/17/obamas-stimulus-bill-explicitly-grants-aig-the-legal-right-to-hand-out-bonuses/
Obama should take full and direct responsibility for this mess.

Please no matter who got in they’d have their hands full with the mess Bush and Paulson left. He has a lot to do, why didn’t any Republicans catch it since they have all the criticism and none of the answers. This should be left to the Federal Reserve Geithner belive it or not has many things to attend to and no matter what the Republicans will find or create things to whine about. Bush and Paulson both balked and didn’t want ANY caps on compensation.

geithner has gotta go!!! to think someone that did’nt pay taxes can be in charge of the treasury it’s a crying shame we need new people that we can trust to do a good job i’m sure there out there