Wednesday, March 18, 2009

Maybe the problem is Geithner?

“Obama said that Treasury Secretary Timothy Geithner is trying to resolve the matter with AIG's CEO, Edward Liddy. "This is not just a matter of dollars and cents. It's about our fundamental values," the president said.”

Or maybe he didn’t just hire a tax cheat, but a complete incompetent who isn’t up front with his boss on anything. Geithner arranged the first bailout when he was with the Fed. The contracts for bonuses were well known then. Why did Obama have to learn about this “outrage” from the newspapers? Why call it greed when it is government incompetence? These are the Stooges we want running our economy? Democrats expected Bush to be able to anticipate the severity of a hurricane, but ignore that the Secretary of Treasury can't read an employment contract and anticipate what will happen in the public eye if they are met.Link.

3 comments:

Flight said...

No matter how much they try to make us believe it , They are NOT running our economy , WE are . The people lost faith in the system , end of story . When the faith is restored the economy will fallow.

Anonymous said...

The plan to tax the bonuses 100% is alarming. What a precident--make a special law for those you don't like, for those who don't toe the line, for those who were created by your own regulatory mess!

Anonymous said...

"Nobody's working harder than this guy." Obama on Geithner. Isn't that what Bush said about Brown just before he fired him from FEMA after Katrina?