By Douglas V. Gibbs
Tim Geithner has a lot in common with his boss, Barack Obama. They are both liars, cheats, and need to be removed. In the case of Geithner, criticism is up, and his resignation is being called for by Congressman Kevin Brady (R-TX), and Michael Burgess (R-TX).
Aside from the economy-killing policies of Geithner, there is a lot more to rate him as performing poor about.
The White House claims Geithner "has helped steer the American economy back from the brink, and is now leading the effort on financial reform."
If you consider stunted consumer spending, sky-rocketing unemployment, inflation, and an unconstitutional partial takeover of the private sector by the federal government a few indicators of an improving economy, you are either insane, or a hard-left socialist in the Democrat Party who is so blinded by deception and ideology, that you can't see the forest through the trees.
On top of being a part of the destruction of the American Economy, Geithner's ties to banks also has Republicans concerned. Geithner has long-standing ties to the banking industry, including the fact that he is a former president of the New York Federal Reserve Bank. These ties he has to many of the prominent bankers and large financial firms that received billions of dollars in federal bailouts makes one wonder how dirty Geithner really is.
And all of this after his rather shaky start when it became known that this dirt-ball had failed to pay more than $40,000 in taxes between 2001 and 2004.
Of course, he blamed Turbo-Tax. Like all leftists, he was quick to shift the blame.
I'm actually surprised he didn't say it was Bush's fault.
The Washington Post adds that when Geithner unveiled the Obama administration's initial plan in February to rescue the financial system, stocks plummeted.
Hmmm, could the people in the know with investments know that the Leftist proposals are dangerous to the economy in America? Naw, couldn't be - let's just trust that lying, thieving, tax cheat, Geithner!
And to think these are the same people that want to regulate your energy use with Cap and Trade, and run your health insurance with their health care proposals.
Shoot me now!
Geithner's role in the AIG fiasco hasn't helped the plummeting opinion about him either. In fact, according to the Washington Post, Geithner's role in the rescue of AIG had more screws in it. Apparently, last fall, when Geithner was president of the New York Fed, he approved using taxpayer money to pay AIG's creditors at full face value. Neil Barofsky, the special inspector general for the bailout, said the New York Fed had made only a passing effort to get them to accept discounts.
Can you say blatant overspending of American tax dollars, as well as ineptitude?
Geithner's Public-Private Investment Plan put the taxpayer on the hook for $1.1 trillion dollars in debt, and Geithner did so on his own, without Congressional advice or consent. The plan also has been said, by economists, to place the economy at great risk by causing taxes and debt to rise, and more fiat money to be pumped into the economy.
Remember, pumping fake money into the economy without production and manufacturing to match causes inflation.
Hmmm, another Obama appointee bites the dust.
It seems that Obama surrounds himself with garbage, appoints garbage, and somehow has convinced America he himself is not garbage.
Obama is an amazing magician - deceptive to the core. . .
Well, so much for being a new kind of politician.
-- Political Pistachio Conservative News and Commentary
Storm of criticism said to buoy Geithner - Washington Post
An Empire at Risk: We won the cold war and weathered 9/11. But now economic weakness is endangering our global power - Newsweek
Geithner Must Go! - Americans For Limited Government
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