Geithner Sees Window for Possible Maybe Could Be Exit
EmailTreasury Secretary Tim Geithner is contemplating leaving his position after the deficit negotiations have been successfully completed, sources tell ABC News, but it’s too early and there are far too many caveats to say that will definitely happen.
Geithner thinks there might be a window for him to leave if the deficit and debt ceiling talks come to a successful conclusion, the economy continues to improve, and President Obama approves of his departure, according to sources, who requested anonymity to speak freely.
But those are a lot of “ifs,” and while Geithner is the last man standing from the president’s original top economic advisers, sources say any definitive reporting that he has told the White House he is on his way out the door is premature.
Bloomberg News reported first that Geithner could be eyeing the door.
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You’re welcome.
Posted by: U Haul | June 30, 2011, 4:49 pm 4:49 pm
Mission Accomplished!
Posted by: Tax Cheat Tim | June 30, 2011, 4:54 pm 4:54 pm
Oopsy, Timmy doesn’t want to play with Barack anymore.
Posted by: Teddy | June 30, 2011, 4:56 pm 4:56 pm
GREENSPAN: Fed’s Massive Stimulus Program Had Little Impact on Economy…
Turbotax Timmy: OUCH, I quit
Posted by: The Dik | June 30, 2011, 5:29 pm 5:29 pm
Stolen enough of the taxpayers money?
Posted by: wheresmymoney | June 30, 2011, 5:32 pm 5:32 pm
So, now that Turbo Tax Timmy has stolen all our money, he wants to take his golden parachute and leave
Posted by: DJ | June 30, 2011, 5:39 pm 5:39 pm
Heckuva job, Timmy:
Treasury Secretary Timothy Geithner oversaw the largest increase in the national debt of any Treasury secretary in American history, presiding over a $3.7 trillion increase in the debt. According to data from the Treasury Department’s Bureau of the Public Debt, the national debt has increased $3,723,575,990,130.10 from Jan. 26, 2009 until June 30, 2011, Geithner’s entire tenure to date as Treasury secretary. When Geithner took office the total national debt stood at $10.6 trillion. As of June 30, 2011, it had risen to $14.3 trillion.
Posted by: Fascist Hyena | June 30, 2011, 6:26 pm 6:26 pm
-Much of it to pay for the costs of prior Republican policies…like two wars, an unpaid for prescription drug plan, and a huge financial collapse, to name a few. Sorry but we’re not giving the entire blame for the 4 trillion increase exclusively to Timmy.
Posted by: Skip | June 30, 2011, 6:49 pm 6:49 pm
Skippy Turbo Tax Timmy had the power to NOT increase the federal deficit, too.
But, he chose to increase it – the largest in history.
Oh, we think he deserves all the blame for all the massive debt with his name on it. No parsing that one.
Posted by: Teddy | June 30, 2011, 7:05 pm 7:05 pm
Who are you going to blame for all the deficits and debt in the Ryan budget proposal?….that is after Americans under 55 thoroughly reject pathetic vouchers in place of Medicare.
Posted by: Skip | June 30, 2011, 7:12 pm 7:12 pm
No one seems to want to work for Mr. Obama, currently the most powerful man on the Universe.
Posted by: young_voter | June 30, 2011, 8:52 pm 8:52 pm
Sounds like little Timmy Geithner is finished rearranging the deck chairs on the Titanic and has decided to run off to his Planet X hidey hole before the economy implodes. That way people will not be able to get to him…
Posted by: W. Wallace | June 30, 2011, 9:26 pm 9:26 pm
Propaganda Skippy, propaganda.
Please ask your lefty sycophants to give some more accurate material to work with in the future.
Timmy’s deficits have already been put in motion. At this point, Timmy’s are the only ones that are directly effecting the country…negatively.
Posted by: Teddy | June 30, 2011, 9:34 pm 9:34 pm
He sees the mass disenchantment with the current administration coming, due to its mishandling of the economy. He sees that the government has blown the management of Social Security and Medicare by squandering away the trillions that we have prepaid into those systems for our needs during retirement on other things. He knows there will be major social unrest coming due to the miserable failure of government in these things.
Therefore he may just want to step aside and not spend the rest of his life trying to clean up the horrible mess that the government has made of things via the past 50 years of mismanagement.
Posted by: Proud Native American and Angry Independent Voter | June 30, 2011, 9:37 pm 9:37 pm
Why not since he and his buddies $2 trillion in stimulus wasteful spending is the reason we have a $2 trillion dollar defecit today! It would be good if the window was on the 25th floor.
Posted by: harshreality | June 30, 2011, 9:39 pm 9:39 pm
Tim is trading a transfer out of the Titanic which the treasury has become as an earlier post rightly compares it to, He will get a good wall street job at one of the firms that benefited from the stimulus or the bail out. Get bonuses and live happily ever after.
Posted by: GJKOTW01 | June 30, 2011, 9:48 pm 9:48 pm
Skip made an excellent point below. Young voters will reject Nutty Ryan’s vouchers outright. What a lame solution for him to propose–a total cop out. Someone who is 55 and started work at 16, like I did, would have been paying money into Medicare for 40 years now. And, woopty-do woopty-do, all they would get is some silly “Ryan-script vouchers”. Get real and get to work on a real solution, Ryan. No wonder Tim may want out of federal government–if he has to work with clowns like Ryan.
Posted by: Proud Native American and Angry Independent Voter | June 30, 2011, 9:52 pm 9:52 pm
He, along with his partner in crime (our insufferable community organizer), has stolen our Hope & Change!
At least we finally got him to cough up his taxes!
Posted by: Roma | June 30, 2011, 9:57 pm 9:57 pm
Its funny how democrats dont want Ryan vouchers but since democrats gutted medicare they are offering them nothing instead!
Posted by: harshreality | June 30, 2011, 9:59 pm 9:59 pm
One more rat jumping ship.
Posted by: LongT | July 1, 2011, 12:34 am 12:34 am
Someone thinks they have a crystal ball reading on Ryan’s voucher and young people.
Typical.
Posted by: Teddy | July 1, 2011, 2:01 am 2:01 am
The only thing constant in this universe of change. Geithner is not the only person who can hold that position. As president, Obama is still doing a good job.
Posted by: what667 | July 1, 2011, 2:16 am 2:16 am
Thank you Lord. What a mess they have made of our country. I do not want to be a “subject” of King Obama, I want to be a citizen of the United States. The President pledged under oath to follow the Constitution and he has not. Time to clean house.
Posted by: Freedom | July 1, 2011, 8:45 am 8:45 am
Thank you dont let the door hit you in the as-
Posted by: daniel | July 2, 2011, 8:47 am 8:47 am
Posted by: Freedom | Jul 1, 2011 8:45:41 AM
It’s Game of Thrones for you, hey? You either win or die, Ned. Or get sold to the Dothraki’s.
Posted by: Cersei | July 2, 2011, 1:39 pm 1:39 pm
Same guy who wants to raise taxes and he dosent pay them great idea dems right
Posted by: daniel | July 3, 2011, 9:14 am 9:14 am
“Geithner is contemplating leaving his position after the deficit negotiations have been successfully completed.”
“Geithner thinks there might be a window for him to leave if the deficit and debt ceiling talks come to a successful conclusion.”
Why say ‘successful’, when it’s the antithesis of everything Geithner’s been doing? Is he going to stick around until the ACTUAL RESULTS of what will eventually be known as ‘The 2011 Budget Deal’ are manifest?
That would be a big, fat, NO.
There will most likely be an agreement between the parties, and Geithner will run away as quickly as he can before the economy collapses and an angry mob strings him up from the nearest lamp post.
Posted by: Larry | July 5, 2011, 11:24 am 11:24 am
tiny tim geitner ca’nt take the job of world bank director at this time!!! he has already accepted the position of “ceo” with turbo tax!!! he was chosen because of his meteoric rise from sleezy tax cheat to treasury secretary of the “united states of america”!!!!!!
Posted by: richard bratton | July 9, 2011, 11:39 am 11:39 am
This guy got a pass on shaky character because he was supposed to be some kind of genius who would lead us to the light financially. Turned out to be just what he looks like and what his personal record indicated: an ineffectual weasel with a history of breaking the law.
Posted by: Dave Reardon | July 18, 2011, 5:51 pm 5:51 pm