Yo_Mama_Been_Loggin
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Mon Nov-02-09 10:23 PM
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| Maria Cantwell: Why does Geithner still have a job? |
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Edited on Mon Nov-02-09 10:24 PM by Yo_Mama_Been_Loggin
Good stuff from the Huffington Post. You've got to check out the video. Democratic senator said on Monday that she's "not sure" why Treasury Secretary Timothy Geithner still has his job, calling his financial reform plans "appalling."
Appearing on MSNBC's Morning Meeting with Dylan Ratigan, Sen. Maria Cantwell (D-Wash.) said that Geithner's plans left banks the same loopholes and encouraged the same risks that led to last year's economic meltdown.
Ratigan asked Cantwell, "Knowing two massive exemptions in the piece of legislation the Secretary endorsed yesterday on 'Meet the Press' ... why does Tim Geithner still have a job?"
"I'm not sure," Cantwell responded, "because David Gregory had him almost -- trying to get a straight answer out of him. What the Treasury Secretary basically said was, yes, banks should take more risks and we should continue the loopholes and that is really appalling because, right now, we know that lack of transparency has caused this problem with the U.S. economy and Wall Street is continuing, one year later, continuing the same kind of loopholes. And so if the Treasury Secretary doesn't come down hard against these loopholes and advocate for closing them, then we're going to have a tough time closing them in Congress. So the Treasury Secretary is dodging the issue."Read more at: http://www.huffingtonpost.com/2009/11/02/maria-cantwell-im-not-sur_n_342509.html |
| Skittles
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Mon Nov-02-09 10:29 PM
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| 1. he's doing what Obama wants him to do |
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that's why he still has a job
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| Yo_Mama_Been_Loggin
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Mon Nov-02-09 10:30 PM
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| 2. Did you watch the video? |
| Skittles
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Mon Nov-02-09 10:39 PM
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| rhett o rick
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Mon Nov-02-09 10:50 PM
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| 4. I watched the video. What's your point? Geithner does have a job because the Pres |
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apparently likes what he is doing. Or maybe wall street has more power than the President. What do you think?
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| galloglas
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Tue Nov-03-09 01:17 AM
Response to Reply #4 |
| 12. And the answer is.......... |
| Cant trust em
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Mon Nov-02-09 10:51 PM
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| 5. Actually I suspect that Geithner is giving the president bad counsel |
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Edited on Mon Nov-02-09 10:53 PM by Cant trust em
Geithner is the one that comes from Wall Street culture.
Either way, the responsibility is on Obama.
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| Yo_Mama_Been_Loggin
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Mon Nov-02-09 11:10 PM
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But the article references some legislation before congress that leave one big fat loophole in regulation. Why bother with any regulation if it's not going to work?
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| Cant trust em
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Mon Nov-02-09 11:14 PM
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| 7. It wil probably reach some of its intended goals |
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or have loopholes that some, but not others can fit through.
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| Skittles
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Mon Nov-02-09 11:16 PM
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Obama would have way figured that out by now - nope - he fucking approves
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| iceman66
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Tue Nov-03-09 07:45 AM
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| 16. Sooner or later, Obama is going to realize that. |
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Hopefully it will be well before the 2010 midterms.
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| Sebastian Doyle
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Mon Nov-02-09 11:16 PM
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| 9. Damn, Maria's surprised me twice in one week |
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If I didn't know better, I'd think she was up for reelection tomorrow.
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| Mithreal
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Tue Nov-03-09 02:12 AM
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| 14. Helps when people are calling her local and DC offices several |
| Grey
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Mon Nov-02-09 11:30 PM
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It's a mystery to me. I personally think He should have been fired (never hired) months ago.
I wonder where the money went........?
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| depakid
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Mon Nov-02-09 11:55 PM
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| 11. Maria Cantwell citing David Gregory |
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What a beaut that one is.
Two peas in a pod.
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| democracy1st
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Tue Nov-03-09 01:52 AM
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| 13. he never should have had the position |
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Edited on Tue Nov-03-09 01:52 AM by democracy1st
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| iceman66
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Tue Nov-03-09 07:42 AM
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| Nothing Without Hope
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Tue Nov-03-09 10:48 AM
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| 17. Oh, he's doing his job all right. He just doesn't work for whom the public |
| rhett o rick
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Tue Nov-03-09 12:57 PM
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| 18. I think Wall Street is blackmailing the President. nt |
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