Timothy Geithner: Keep or Fire?

Timothy Geithner: Keep him or Fire him?

(There is no 'other' option for binary questions.)

I have no firm opinion and will thus not cast a vote, but am curious as to the DU take.

to the point where I can't draw any other conclusion.

Geithner must go.

on edit: The timing needs to be worked out somehow, but I do think that he needs to be shown the door.

he BELONGS in prison

pushing President Obama's campaign promise to raise taxes of those making more than $250,000. If the tax rates were rolled back to the 1990's rate, the additional revenues collected would pay for health care for all and then some. Might even be able to start paying the staggering war bills that keep adding up, and help keep Medicare/Medicaid solvent.

But a person with questionable tax-paying history and buddies who are zillionaires won't rock the boat by suggesting that more taxes need to be paid by those who get money by creating toxic paper.

He shouldn't have ever been become Secretary, but since I seriously doubt the campaign promises to increase taxes on the wealthy were made in good faith, there won't be any changes. Us suckers will just have to buck up and eat less and not get sick - ha!

Unlike some, I do not "trust" most of them to do the right thing and represent anyone but themselves.

Its not so much he is soooooo freaking awful as much as he is just unable to even imagine doing what is needed to keep the buzzards at bay. In a stable and growing type of time he might even be very good but in times like ours the robberbarons and moneychangers need to have a chokehold put on them.

for Goldman and the Banksters.

The economy is recovering, he's done his job right so far.

We're never going to get an ideal leftist, especially not one qualified to run the Treasury, so I'll take someone who is actually doing a decent job getting us back on track.

cabinet secretary fired.

Only on DU could your twisted logic be found--supporting Obama's admin is a sign of a Freeper my ass.

:grr:

Has there been news?!

I haven't kept up on the news.. but after watching "Capitalism, a Love Story" I like Geithner even less b/c of the Goldman Sachs ties.... I'm thinking he is just way too entrenched to think about recovery in the way that it helps our neighbors.

http://business.theatlantic.com/2009/10/another_way_aigs_bailout_gave_taxpayers_a_raw_deal.php

He should not be fired... he should be placed in jail.

Took Daschle out (thankfully).

And they actually shouldn't.

Too cozy with those intent on dismanteling the economy in the first place. Recovery my ass-the books are still being cooked. Rubin, Summers, and Geithner-different heads of the same hydra.

Just like Mary Shapiro at FINRA (who now heads the SEC).

But when I read that Volcker was opposed to the auto bailouts, I had second thoughts. Without the auto bailout, we'd be looking at 11% national unemployment by now.

Clean 'em out and then turn the fire hose on Wall Street.

and its gonna take a long time to fix the SOB EconomyEnvironment/and General Social Well Being

So far this Nation is moving upward...however slow, but growing/healing.

The GOPiacs still mumble incoherently as they experience a drastic decline in support/numbers...they show signs of a defeated Bully....angry and making tons of noise....

the answer to that question is all anyone needs to know regarding Timothy Geithner

1. Good luck getting anyone better through the Senate. A vacancy at Treasury would paralyze the agency. Geithner hasn't been a world-beater, but he's not the devil incarnate either.

2. A lot of the really bad stuff went through before Obama took office.

3. He doesn't have a great hand to play--he doesn't have the budget or authority from Congress to do a whole lot against Wall Street, and if he did try to move against Wall Street our "Democratically controlled Congress" would stomp all over him. You could put Alan Grayson in that spot and he wouldn't wind up doing much more. He'd say more, but the banks would ignore him.

4. The economy has stopped its free-fall under Obama. Like it or not, Geithner is part of that team.

We need a completely new economic team. It was rumored back in the 90's that Hillary Clinton tried to contact the ghost of Eleanor Roosevelt. If that's true, maybe she knows how to get in touch with FDR, so he can tell Obama who to hire.

Because that's what we need right now. REAL economic recovery, not another Goddamn Sucks swindle bubble.

And Geitner is FAR too cosy with the parties he's supposed to be regulating.

Same thing goes for Bernanke and Summers.

You can't hope for impartiality with dedicated insiders who have obvious conflicts of interest.

:grr:

It made no sense whatsoever to have one of the main engineers of the original bailout being in charge of the entire treasury department - a man that was sitting there in NY the entire time for several years, with a history at Goldman that too...and of course on top of that, he was a tax evader. The IRS chases after the middle class for small deductions and ass holes like him can say "oops, honest mistake". Fuck him.

And he has no intentions of fixing the basic structural problems that caused it!

...son of Paulson. Everything for BIG money, nothing for the rest of us. The same is true for Summers and Bernanke.