No, not that Mack (we wish). Representative Connie Mack (R-Fla.), who apparently hasn’t like the Treasury Secretary from the beginning, is calling for T. Geith to take himself out or be taken out. From the Congressman’s office:
Well before Timothy Geithner became Secretary of the Treasury, he was working hand-in-hand with AIG and other financial institutions to provide them hundreds of billions of dollars of taxpayer money as one of the key architects of the financial sector bailout. I was outspoken against the bailouts then, and I’m even more outraged now.
I’ve had serious concerns about Secretary Geithner from the moment he was nominated. In the months since, he has shown us time and again why he was the wrong choice for this critical post.
This week’s news on the AIG bonus scandal is but the latest fiasco under his watch and he has lost the confidence of the American people.
Quite simply, the Timothy Geithner experience has been a disaster. The Treasury Department is in disarray. Taxpayer dollars are being wasted. America’s economy hangs in the balance. America needs and deserves a Treasury Secretary who can truly lead us forward.
Timothy Geithner should either resign or be fired for the good of the country, and President Obama should nominate a new Treasury Secretary with the experience and leadership skills America deserves.
“I’ve had serious concerns about Secretary Geithner from the moment he was nominated. In the months since, he has shown us time and again why he was the wrong choice for this critical post.”
I couldn’t have said it better myself.
Mack is usually a right wing hack but this time he is right.
@1, I’ve wondered how long Geithner would last. He’s a backroom guy, not a cabinet type.
@2: #1 here. I am all for Volcker. The market would rally 1,000 points. He’s wonderful (I worked with him a while back), smart, and can make tough decisions. Team Paul!
Unless s/he’s recently gone TS, Mack is a Congressman, not a Congresswoman…
The Safecracker is out of his depth, an accomodation to the need to have a nominee RIGHT NOW. Time to go, but next up better be someone who knows the markets and how to speak to the Street. The populist “main street” streak we’ve got going makes me worry about another O’Neill or Snow.
He went on to brag about trading Shoeless Joe Jackson.
how did this clown survive at the ny fed?
Doesn’t he mean resign or kill himself?
Yeah, but what does Leo Durocher and Casey Stengel think about Geithner?
If Tim goes…literally the office is empty. Remember Capt. America wasnt able to get anyone to accept the job(s) over at Treasury?
Tim wasnt the best pick he was the only pick willing to do it.
That should have told us something…
geithner is f’ing clown shoes
@9: There is, as Bess would say, a “metric ass-ton” of financial employees looking for jobs. Maybe it’s less the job, than it is the person looking to hire. The SEC and IRS, arguably two less savory institutions, don’t seem to be having trouble.
@5, hilarious, great post
Timmay = 9 year old boy with matches and gasoline. Not gonna end well.
What about Bill McDonough, former NY Fed head….who was a serious guy and handled the Long Term Capitol bailout (without taxpaper money)?????