So says my Globe:
"Geithner will remain until ’12 as Treasury head; Amid economic fears, Obama asks him to stay" by Zachary A. Goldfarb, Washington Post / August 8, 2011
WASHINGTON - Treasury Secretary Timothy Geithner has told President Obama he plans to remain in his job through the fall of 2012, keeping in place Obama’s longest-serving economic adviser after the first-ever US credit downgrade and renewed fears of a second recession.
Geithner - who has been battling financial crises since 2007 as a top Federal Reserve official and then as Treasury secretary - considered leaving the administration after Congress raised the federal debt ceiling and reached an agreement with Obama to tame the national debt.
Crises of his own making, but.... sigh.
But several developments have made his departure more difficult. The debt ceiling was raised with only hours to spare. The deal to tame the debt fell short of what Geithner and Obama wanted. The economy has suddenly taken a turn for the worse. And on Friday, Standard & Poor’s downgraded the US credit rating for the first time.
Yeah, suddenly.
Geithner told the president on Friday morning that he would remain in his post....
That's supposed to make us all feel better?
Exhausted from the multiple crises of recent years, Geithner and his family decided recently to move back to New York, where Geithner lived when he was head of the Federal Reserve Bank of New York. His son will finish his senior year of high school there.
Awww, he's exhausted -- just like my savings and retirement accounts!
Geithner planned to commute from New York to Washington during the week. He did so during the beginning of the term and didn’t like it, so he considered stepping down to tend to his family needs and get a break from government service....
Yeah, he has served you, American.
And no one ever buys that family crap from such a detestable bunch of cretins, sorry.
So what is it, no one else want the job because they see what is coming?
Geithner was one of the architects of the Wall Street bailout in the fall of 2008 and faced sharp criticism in his first year as Treasury Secretary, including calls for his resignation. He has been accused of protecting the bonuses of Wall Street traders while paying insufficient attention to the nation's foreclosure epidemic.
Related: Sunday Globe Special: Foreclosure F*** Over
After a while you begin to realize that the FRAUD and SEIZURE of HOMES was and is DELIBERATE!
Bailout of banks including Citigroup and Bank of America were criticized by lawmakers for benefiting the very firms blamed for the crisis. But at his 2009 confirmation hearing, Geithner said the rescue program "helped prevent financial catastrophe."
Really?
Then WhereTF are we now, paradise?
******************
During the Clinton administration, Geithner held top positions at the Treasury Department, dealing with the international financial crises that occurred during that administration.
In other words, he is IN THIS up to his ARMPITS!
--more--"
Really, is the guy who is so much a part of the problem really the solution?
