The Prez defended his boy a few seconds ago, telling a reporter on the South Lawn, “Tim Geithner didn’t draft these contracts with AIG. No Treasury Secretary, except maybe Alexander Hamilton, has had multiplicity of issues that Geithner has had to deal with at the same time. Nobody is working harder than this guy. He is making all the right moves in terms of playing a bad hand…we need to give him all the support he needs.”
Earlier: Mack: Geithner Should Resign Or Be Fired
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
If Geithner is “making all the right moves”, then he’s a shoo-in for DWTS next season.
My opinion is he’s turned everything he’s touched into a flaming poo-pile. He approves the bonuses, still is dithering over a financial plan…
The guy couldn’t even figure out his own taxes – how is he going to figure out a complex financial system? He was out of his element on a 1040.
@1- “My opinion is he’s turned everything he’s touched into a flaming poo-pile. ” you realized that everything he’s “touched” was already a bucket of shit, right? or are you just a complete and total moron?
@2: Sure – you’re right. It was already a flaming poo-pile. My mistake. I’ll rephrase:
Geitner’s job job was to put out the flaming poo-pile, not add gasoline,fan it, and say he has a plan for extinguishing it – just give him some time.
I am not sure anyone else would take the job even if I prefer someone else. This would probably apply to Liddy too.
1, 3: Excellent point, and excellent riposte.
You’re telling me that in a nation of appx. 300mm people, not a single person is willing/qualified to take on the job?
@3- um, be as obtuse as you like, but it’s an important distinction.
-2
Gaspardingus was the first to scoop Geithner’s ass issues.
@2/7: Yes, and how fortunate we are to have an expert on poo-piles such as yourself here to distinguish it for us.
Folks, only a homo would ever say “poo pile”. No argument whatsoever.
@2 – He was head of the NY Fed and Vice Chair of the FOMC before he was Sec of Treas, he’s absolutely a part of the problem.
@10: I’m female, so if it means you’re attracted to men if you use the “homo” phrase, I’m guilty I guess.
Actually, Obama said Tim Geithner “is making all the right moves in terms of playing a bad hand.”
@1 Well put, my friend.
Geithner lacks depth and this problem requires someone more original than him. You can float by as the president of the NY Fed because so much of that role is already systemitized, but we’re in a crisis now and you don’t want a floater…
@11 I wouldn’t read too much into those roles. Fed presidents tend to be ex-head of banks, which makes them suitable presidents. Timmy, on the other hand, was not and seems to have worked his way up as a policy maker. That’s not good enough.
@15: Making policy and executing it are two different skill sets. And given the length of time he has had to even come UP with a policy, I’m not sure either the former or latter are his strong suits.
gotta check youtube for the “Leave Timmy ALONE!!” vids later
@16 Either way, my point is that you need someone who’s resume isn’t full of just government-related entities and government appointed positions.
@15
Wasn’t Geithner an asst under Rubin when he was SOT? Now, nothing like this was going on when Rubin was there, but I would expect a little more savvy and grace under fire than Timmy’s shown so far.
@19: Timmy was a good little errand-boy, who served Rubin as master. He wasn’t an equal, he was a data-gatherer and yes-man. Now, with no one to come up with ideas, all he does is say “Yes” – to bonuses, what have you.
You ladies should take a break from arguing over bonuses you don’t deserve and have a look at what’s going on in the real world. Lindsay is an actor who lives in Woodside and was on the way to his day job a as a proofreader when this happened:
Subway heroes, as they are inevitably tagged even before the grease from the tracks is rubbed off, come along every now and then — indeed, as the story of Chad Lindsey suggests, perhaps more often than we know. Chad Lindsey, 33, near the subway tracks where he lifted an injured man to safety as a train approached on Monday. Then he went on his way. Minutes after rescuing a man who had fallen onto the subway tracks at the Penn Station stop on Monday, Mr. Lindsey managed to melt back into the anonymity of the city, escaping the notice of the police, paramedics and subway workers.
@10 lose the homophobic sh*t
@21: May I suggest http://www.gawker.com?
You’re doing a heck of a job, Brownie.