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November 20, 2009
Pressure Builds From BOTH Parties On Geithner to Resign
In a heated exchange during a hearing of the Joint Economic Committee of Congress, Rep. Kevin Brady, Republican of Texas and the top House Republican on the panel, said Geithner had failed as the Obama administration's point-man on the economy. "Will you step down from your post,?" Brady asked. Geithner replied that he served at the pleasure of President Barack Obama. Geithner said he agreed "with almost nothing" that Brady had said.
Geithner Gets Testy With Congressman!!!
Rep. Kevin Brady (R-TX) calls on Tax Cheat Obama Treasury Secretary Tim Geithner to step down today during a House hearing.
Geithner supported the disastrous financial decisions that saw the national deficit triple in one year under Barack Obama:
Republican Brady blasted Geithner:
Echoing Democrat's Comments, Two Republicans Call for Geithner to Go
Geithner Pushes Back, Blames Bush Administration for Problems
It’s been a year since the President was elected,” the panel’s ranking Republican, Rep. Kevin Brady of Texas, said at a hearing this morning featuring Geithner. “It’s appropriate for the American people to assess how well the administration’s economic policies are working. They are not. They have failed.”
“Unemployment has skyrocketed far past the White House’s projections and promises. America continues to shed jobs: more than 2.8 million since the stimulus was enacted,” Brady said. “We’ve had a series of embarrassing investigations about all the wild stimulus claims, the latest fake jobs from fake Congressional districts… You are the point man on the economy,” Brady said to Geithner. “The buck, in effect, stops with you.”
Democrat Rep. Peter DeFazio of Oregon called for Geithner to step down yesterday.
Rep. Peter DeFazio called for the firing of President Barack Obama's top two economic aides on Wednesday, accusing them of pursuing a recovery plan skewed too heavily in Wall Street's favor.
The Oregon Democrat told MSNBC's Ed Schultz that he was dismayed with the administration's lack of focus on job creation. He said it was time to dismiss both White House economic adviser Larry Summers and Treasury Secretary "Timmy Geithner."
"We think it is time, maybe, that we turn our focus to Main Street -- we reclaim some of the unspent [TARP] funds, we reclaim some of the funds that are being paid back, which will not be paid back in full, and we use it to put people back to work. Rebuilding America's infrastructure is a tried and true way to put people back to work," said DeFazio.
"Unfortunately, the President has an adviser from Wall Street, Larry Summers, and a Treasury Secretary from Wall Street, Timmy Geithner, who don't like that idea," he added. "They want to keep the TARP money either to continue to bail out Wall Street...or to pay down the deficit. That's absurd."
Asked specifically whether Geithner should stay in his job, DeFazio replied: "No.
"Especially if you look back at the AIG scandal," he said, "and Goldman and others who got their bets paid off in full...with taxpayer money through AIG. We channeled the money through them. Geithner would not answer my question when I said, 'Were those naked credit default swaps by Goldman or were they a counterparty?' He would not answer that question."
DeFazio said that there is a growing consensus among the Congressional Progressive Caucus that Geithner needs to be removed. He added that some lawmakers were "considering questions regarding him and other economic advisers" -- though a petition calling for the Treasury Secretary's removal had not been drafted, he said.
"[Obama] is being failed by his economic team," DeFazio concluded. "We may have to sacrifice just two more jobs to get millions back for Americans."
Neither the White House or the Treasury Department immediately returned a request for comment.
Wild Thing's comment.......
Turbo Tax Timmy Geithner, a man who never should have had the job .
I am so glad it is coming to him form both sides.
Posted by Wild Thing at November 20, 2009 04:48 AM
Comments
What can I say, nothing nice!!!
Posted by: Jack at November 20, 2009 10:43 AM
I'm surprised, the demo's want this nitwit to resign, but they said he was the only one who could fix this mess. If he resigns, then we are really screwed...or not.
Posted by: Mark at November 20, 2009 12:31 PM
The Dems are becoming confused because their stimulated economy is not doing well. With their massive government growth plans, the economy may just collapse. All the Dems need to be replaced with true conservatives.
Posted by: TomR at November 20, 2009 03:24 PM
I'd just as soon see this piece of shit go through a trap door with a rope around his neck.
3-7-77
Posted by: Glenn Cassel AMH1(AW) USN Retired at November 21, 2009 12:51 AM
I was surprised to that some of the dems
are speaking out to want him to resign.
Posted by: Wild Thing at November 21, 2009 01:01 AM
Is there not one person in Obummer's cabinet and among all his czars who is a patriot? Are all of them Chicago hoodlums? Are all voting Democrats so damned blinded by their partisanship that they cannot see what this is doing to the country that they must live in along with those of us of the Conservative flavor? "Slime", the new description of Washington politics.
While Obummer renders the crotch salute, his minions belittle our congress. That's your "Hope n Change", chumps.
"Never Forget Ft. Hood Texas 11/5/09!"
Posted by: Frankly Opinionated at November 21, 2009 09:44 AM
He's a scapegoat but Barny FWWWWWrank should go for ACORN and Fannie May destroyed our economy under W!
Posted by: darthcrUSAderworldtour07 at November 21, 2009 06:56 PM
