02 Apr

Bank CEO’s Might Get Pink Slip from Terrible Tim Geithner



Treasury Secretary Tim Geithner tells Katie Couric he is open to more unconstitutional terminations of CEOs, continuing Team “Obama”s assault on the markets, investors and capitalism.
Obama, in a blatant abuse on his constitutional Executive power, felt it necessary to fire GM CEO Rick Wagoner this week.
Tim Geithner unveiled a plan last week, designed to give Treasury Department the ability to take over financial institutions at the Secretary’s choosing.
Recently, a bill has been introduced in Congress, HR 1664 Grayson-Himes Pay For Performance Act of 2009, which aims to cap pay which is not performance based and any and all employees who work for companies receiving bailout dollars.
It’s a power grab to redistribute wealth, penalize the successful and establish a communistic “equality” among Americans. Regulation = control and power.

Avitar says:

Somebody is going to say “No!” to these bullies, then the United States will get the worst case law that has ever been put in the books. Conflict law is always like that.
Lincoln invented the “Executive Order” because he never had a quorum and he legally enforced it by putting a hundred armed men in the court when it was reviewed.

Lynn says:

And where does it stop? Who will he have axed after Lewis? Will he go after non high achieving Mayors, Governors, Teachers, Doctors, Lawyers, Nurses, Parents? It’s a vicious cycle when this kind of stuff starts and it never ends. Someone is going to have to tell this child “NO!” he can’t act like that in public. He’s a spoiled brat who is bully by nature.

Mark says:

Toxic Tim the ‘tax-cheat’ Secretary and berry are going to straighten these people out, at our expense of course. Katie ought to be careful she may be next by asking Timmy the wrong question, by accident of course.

Wild Thing says:

Avitar, thank you for the information.

Wild Thing says:

Lynn, I agree, he really is a bully and
that makes him dangerous I think since
he has so much power.

Wild Thing says:

Mark, this guy really makes my blood boil, he
and Barack. Ah heck so does Rahm. The three
of them really get to my last nerve.
Your right and I don’t think he has yet paid
those taxes either.

Funny, I don’t remember giving those assholes hiring and firing authority. Does that mean we can fire his ass since he is doing such a lousy job?

John says:

I like your idea Joe!!! FIRE the SOB!!!!
That is exactly what these top executives need to tell “O” and his gang – “You didn’t hire me and you WON’T fire me”!!!
What was “O” going to do if the CEO of GM had told him he wasn’t going to resign? Was there the typical Gangland threat made to the CEO? “Hey Lewis – I tink youse ought to resign or else we’s may hav to use you as fish bait”!!
Somebody better start fighting back pretty soon or we won’t have a Free society anymore. It’s already in a world of trouble. Just look around you today and see what Freedoms you no longer have that you enjoyed 30 – 40 – 50 years ago.