Treasury Secretary Tim Geithner suggested Wednesday that he's highly unlikely to stay in the Obama administration for a possible second term.
Geithner said that he would not expect President Obama to ask him to stay on for a second, four-year stint should Obama win re-election. And even if he were to ask, Geithner said he had planned on pursuing "something else."
"He's not going to ask me to stay on, I'm pretty confident," Geithner said in an interview with Bloomberg Television. "I'm confident he'll be president, but I'm also confident he's going to have the privilege of having another secretary of the Treasury."
Geithner has been one of the few figures of continuity among Obama's economic team, having served since the beginning of the administration. He had mulled resigning last summer, after the bulk of the new Wall Street reform law had been implemented, but announced his decision to stay in the administration through the re-election at the request of Obama.
Geithner's overseen one of the rockiest periods for the American economy during his few years in office. In addition to helping spearhead the financial regulatory reform law, Geithner helped pilot the latter phases of the 2008 Wall Street bailout, and the 2009 rescue of General Motors and Chrysler.
During his tenure, Geithner has weathered demands for his resignation from a number of senior Republicans. Many had disapproved of his economic stewardship, and, before that during his confirmation fight, seized on taxes he had failed to pay on employing a housekeeper.
If Geithner does not serve a second term, it will mean that Obama, if he's re-elected, will be forced to fill at least two major posts next year. Secretary of State Hillary Clinton has also said she intends to step down after Obama's first term is complete.


They're jumping like rats!
Obama's not going to ask him to stay on because it won't be up to him.
Welcome to the new federal government. These people are jumping ship like an italian cruise ship captain.
Obviously you don't follow politics, only criticize it.
Don't forget to pay your taxes on the way out hypocrite.
Bob n LA:You dont have to follow politics to know that we as a country have been being screwed by the federal government for so long that it has finally taken its toll on the American people and we as a country need to put a stop to it. Bet you wont find this statement in your little party handbook as it is what we call an "original" thought as seen by our own eyes.
Geitner should have been fired at latest in 2010. I suppose we should all consider ourselves lucky, though. Corzine was being considered for the job :o
there's still time to get Corzine.
lol
Right Bob n LA. In fact it's almost customary for many Cabinet members and White House staff to leave after the first term. Bob Haldeman made everyone in the White House write out their resignations and he and Nixon decided whose they would accept. It not only checks complacency, it also makes the appearance of a fresh start to a second term. Of course, these teabaggers only see the dark side of things, as usual
I'd say good riddance, but what buffoon will replace him? Sometimes you have to be careful what you wish for.
Look's like soros is the only other economist knows????
Did Timmy get a better offer?
I wonder how many off shore accounts he owns?
He too will work for the highest bidder regardless of party affiliation!
I believe most Americans are rather stupid. They all seem to only believe the last one or two minutes they heard on TV. For sure they cannot remember much of anything. The George bush presidency will go down in history as one of the worst, if not the WORST.
Bye-bye Timmy. Wonder if you'll join the ranks of Sumers et al? Chicago already bought their mayor, is there room for you at the Fed? Looking to be the next new head of the new 'consumer protection agency?' You would fit right in.
Duuuuh, very good REASONING, Mr. Geithner.....I am so sure HE WILL HAVE ANOTHER "Secretary of the Treasury" when you leave and go back to New York....or will that be CHICAGO ?
His remarks about another Secretary of the Treasury should go down in the record books as something Mr. Geithner said which was TRUTHFUL.
Taking a job with TurboTax on how to manually override income reporting. Being a little dishonest is like being a little bit pregnant. He fit right in with this administration. Arrogance about picking which rules apply to him, and which ones don't.
A new Treasury Secratary would still have to meet Congressional confirmation hearings, and in this political climate, it's almost a good luck with that. The winter recess occurs BEFORE a second term (aka Jan 20), so there would be no recess appointments, if the legislature wants a drawn out battle, even if they should like a prospective candidate....
As to politicians not playing by the same rules as the populace is not only expected, but required to play by, there's nothing new with that in this term (and same would have gone for the time Geitner worked in the Fed). This little tid bit, is about as old as civilization itself. Though in the days of old, and with the "divine right of kings", it isn't like a king was seen as being subject to the same laws as "the unwashed masses". There is nothing wrt political corruption, which is unique to our country, or our century alone.... Hell, even assasination itself (JFK, Lincoln and an attempt on Reagan) wasn't unknown in Ceaser's day...
Don't believe that for one second Roger Roth, WE ARE LIVING THE DREAM RIGHT NOW, Hope and Change coming.
Conservatives have been saying this ever since Obama stepped in office. Wishful thinking, perhaps. People come and go... people.
This just in: Barry doesn't expect to serve another term either.
The conservatives are just getting desperate because things keep getting better and it proves that liberals can keep the economy going just fine, and we can do it with more than just 1% of the population succeeding and without massive economy crashes due to lack of regulation. Obama 2012!
Compared to Gingrich's ethics violations, what Geithner did or failed to do with his taxes is small potatoes, almost laughably so.
But the party that has a disgraced former Speaker of the House as one of its top contenders for the presidential nomination only forgives its own.
Geithner admitted his mistake and rectified it.
If he had used Gingrich's tactic and "gone to god for forgiveness and reconciliation," would the GOP be willing to allow Geithner to be a fallible human being?
No, he got caught with his pants down. If he hadn't, that hypocritical tax cheat would still be evading taxes.
No, he got caught with his pants down. If he hadn't, that hypocritical tax cheat would still be evading taxes.
Biteme,
I hope your perception of being
includes that federal goverment under Reagan and the Bushes.
I don't blame Geithner for wanting to resign.
This financial 'house of cards' they have built with artificially low interest rates from the Fed buying about 70% of the new debt will ultimately have to be reversed because of potentially explosive inflation, and when that happens, the financial system will collapse, and he doesn't want to be associated with it.
The National Debt is now over 100% of GDP, and as the events in Europe have shown, that's the 'High Danger Zone'.
neither would we. Holding up the financial isntintutions and the Wall Street have proved not as effective as first suggested by the like of Geithner. It is time to be a grown up, now.
Funny how 'liberals' find they have to defend Geitner and 'conservatives' have to tear him down.
If you think at all, and look into it, you'll realize Geitner is a failure. And he's a failure no matter how you feel about it. Just like Robert Gates is a success, no matter how you feel about it, Obama deserves credit as CoC for the Seal rescue two nights ago, no matter how you feel about it, and Dick Cheney is a failure, no matter how you feel about it.
I'm sorry if the above doesn't fit someone's lopsided view of the world, where there are only good people in one political party and bad people in the other. Here's a cookie for you and be sure to be in bed by 7.
Derek, the Navy Seals deserve credit for the rescue. They took the risk, the POTUS took the credit.
It was a crummy time to be confirmed in that role, give the guy a break. The real 'failure' that Obama will be glad to see the back of will be the SOS that he was blackmailed into appointing.
Hmmmmmmm ???
i'd be leaving also.
no one wants to be aboard the Obama titanic
Oh, sure... The Obama Titanic. I suppose Americans without their head up their religious as*es will prefer a ride on the Gingrich Ethics Express, or perhaps the Romney Slip-n-Slide instead?
yes... anything but the abysmal failure in the WH right now.
I prefer to be aboard the ron paul rocketship personally. he's the ONLY one that doesn't have his head up his a** when it comes to monetary policy. Look up youtube videos of him talking back in 2002 and everything he said would happen, happened, for the same reasons he said they would. Obama=Romney, Newt=well, something slimy and corrupt anyway.
Abysmal failure? Wow. Do tell. How is Obama an abysmal failure? I bet you can't come up with anything substantive... like every other critic here. I read these forums... and about 90% of the complaints are nothing more than bull@!$%# propaganda swallowed by the naive.
he's amassed more debt than every other president in history combined.
OBREAKTHEUSCARE.
should i go on?
AlexinPA you sound like a child and probably don't have a job that earns you money, but if you aren't and you do...I'd be willing to wager $100 that Obama will be re-elected. Reality has it that the GOP Titanic will sink first...LOL!!!
Hey, Epic, why don't you list his successes. I got a nanosecond.
Epic Nation...
The man is no leader. He is nothing more than an average Chicago community organizer. He started dividing the country with his "beer summit", continued by calling 1/2 of the country his "enemies", and is now doing his best to promote class warfare. His only accomplishment is Obamacare which was force-fed down American's throats...remember? We have to pass it to see what's inside...
No budget from the dems and no leadership from this POTUS in 3 years...
ABO 2012!
Yes you should. Becuase one of the first things his administration did was include the cost of the war in his figures- something Bush did not. then let's look at the tax losses that pay our debt due to that war, the failed Bush economy and the congressional refusal to let the temporary tax cuts of Bush to expire. Shall I go on?
...and BTW Ron Paul is in a row boat in the middle of the Atlantic with no chance of even ranking. Hell the man is too damned old anyway. You see how his head shakes? That's not a good sign!
Oh please Epic, are you kidding me? Real unemployment is about 15%. More people are on foodstamps than any other time in history. We're in debt up to our eyeballs etc......
What planet do you live on?
Chrisy in Seattle.
i'll take that bet.
AlexinPA, You're wrong! Maybe you should do a little research before making such a "blind" comment like that! Apparently, you are an avid Faux News fan. Only Faux News would spew that kind of crap. Check this link out you air head!
Two of the main reasons our debt is so high are 1) Bush tax cuts (unpaid for) and 2) Bush's two unfunded wars. There are other reasons for our high debt, but these two sent it skyrocketing. Add to that the fact that we are currently in the worst ressession since the great depression (thanks to deregulation during the Bush administration).
There you go. No substance. First, the debt increase is rooted in Bush era tax cuts and military spending (which was off the books until Obama reached office). Additional spending is a measure to keep the economy alive... or would you have preferred a great depression?
The BHM Titanic... The most ethical president ever known to have lived in the history of the world. That's why Mr. Taxcheat... Oh I meant to say Mr. Giethner was able to get a job at all places the treasury dept. You know the department that has the tax collectors under their control. Maybe Mr. Giethner forgot to file his taxes again. Get off your high horse if you think our current president is eithical. And for the record I use the same yardstick to compare politicians regardless of the party they belong to.
Calmconservative --What planet do I live on? One based in reality. Do you not understand the US was on the brink of bankruptcy due to bull@!$%# freemarket ideology. Of @!$%#ing course things are going to suck for a while. Every critic here suffers confirmation bias. You want to blame a person and not the situation... and while you are at it the solutions slip away.
Epic -
You're clearly a clueless individual blinded by party ideology.
The housing crisis (Fannie and Freddy) is what sparked our economic downfall. You can trace back to the Clinton years the "folks" who believed everyone had the "right" to own a home. Banks were forced to lend to people who couldn't afford homes thanks to the "new rules" made by congress.
The bubble burst despite repeated warnings by the Bush administration to regulate these loans. They were met with charges of racism because the loans were going to primarily minorities. Once these fine people all defaulted on their loans, the house of cards began to fall.
Get some knowledge into that thick head of yours and you'll see this problem was created by the Democrats (as usual) trying to make things "fair" for everyone.
Didn't we just have a credit downgrade? First time ever, 2 1/2 years into bho's term - after warnings about the debt and deficit spending increasing - oh wait, that's Bushes fault too!!!
lack of regulation caused the crash, and we all know who's all for fewer regulations, don't we.
John, you're correct that the credit downgrade happened during Obama's term, but why did it happen? Because Boehner couldn't convince those tea party idiots that raising the debt ceiling is nothing more than procedural and that during Reagan's term as President the debt ceiling was raised nineteen times!
You Obama haters seem to forget that he does not have a vote and that all fiscal matters, such as raising the debt ceiling, must originate in the House of Representatives where people do have the authority to vote. The true Republicans knew the debt ceiling was a no brainer, which explains why the tea party folks didn't understand it.
The Republicans Kind of reminds of the Living Dead, they move but they really have nothing to say and can't think for themselves ... LOL
Calmconservative -A clueless individual? Really? Where do I start. Bush was a proponent of the Ownership Society.
From the New York Times:
"From his earliest days in office, Mr. Bush paired his belief that Americans do best when they own their own home with his conviction that markets do best when let alone. He pushed hard to expand homeownership, especially among minorities, an initiative that dovetailed with his ambition to expand the Republican tent — and with the business interests of some of his biggest donors. But his housing policies and hands-off approach to regulation encouraged lax lending standards."
Feel free to do some more research. It gets worse.
Now that I've called your bull@!$%#, I will still concede that its unfair to point fingers solely at Bush, since there is a whole cast of characters to blame.
However, this fits my point. Everytime I read these forums, there are conservative busy pointing their bitchy little fingers straight at Obama, using one distortion after another to justify their hate, instead of getting educated through a constructive dialogue.
So alexinPA... I put it to you again... lets hear a substantive critique (i.e. one you can back up with facts). If you can't come up with one. Shut the @!$%# up!
This is precisely what we end up getting, when people start going at the "anyone but the POTUS" line of argument. The other party doesn't even have to try to put up a good candidate who would actually represent the people at large; because they get the sense from the rhetoric that if he was available people would even vote for Satan, to get the current guy out of the White House.
And so, we're likely to see either Mittens "flip flop" "I love to fire people" Romney vs. Mr. personal imperative Obama, or one's likely to get Newt "throws stones, but lives in glass houses Gingrinch vs. Mr. "I defered to Palosi on the whole health insurance bill" Obama... Real choice? Not really. But then with the climate what it is, some didn't even try to offer up a candidate who's worth a darn and wasn't part of their B team; but then probably figured they shouldn't even have to bother trying because they'll be a shoe in without much effort.
/yawn And beyond disappointing, wake me up after this is all over. It's not like people got presented with a choice, that could in the least bit inspire us to want to support and vote for :o
"Two of the main reasons our debt is so high are 1) Bush tax cuts (unpaid for) and 2) Bush's two unfunded wars. There are other reasons for our high debt, but these two sent it skyrocketing. Add to that the fact that we are currently in the worst ressession since the great depression (thanks to deregulation during the Bush administration)."
this is a lie told by the dems to fool the masses. bush tax cuts were paid for you ignorant fool!!its our money!!!!!!!!!!!!!!!! most the money was in form of rebates giving to low and middle income people, 300-600 bucks, the rest was in tax relief for the upper and rich. how the fk can anyone say giving tax-payer money back to the tax-payer somehow cost the GOVERNMENT money, the government owns nothing, its WE THE PEOPLE!!!!!!!!!!!!!! unfunded wars? how the fk do you fight a war if its unfunded? the soldiers were paid, the equipment was bought so the wars were fully funded or else how the fk could we fight a war if we had no money? wtf is wrong with you people? "the worst recession since the great depression" dont even fking make sense, those are two different things and your trying to equate them. you know nothing about anything but what is told to you by your masters and as a fellow american is make me mad that you are so gullible to believe what politicians and pundits tell you. the wars cost us around 800 bill (including what DOD usually gets) on the books (bush terms) and the bush tax-cuts cost nothing, actually it increased tax revenues.
debt ceiling? so its okay to go ahead and let the government spend all of OUR MONEY!!!!!!!!!!!!!! and then raise the ceiling at which they can borrow(putting the tax-payer in debt). do you not see a problem with this?!!!!!!? just because someone else did it does not mean it makes it right for others to do it!!!!!! that how you people justify it, but but but the republicans did it so we must continue doing it, fking insanity!!!!!!! stop being party sheep and be americans concerned about the role of government, if you cannot do that then you are an enemy of these united states.
obama has no experience at the job, he has never ran anything in his life, he has a speech impediment, he talks down to people all the time, he lies constantly, no one vetted him, he hides his past, he has criminal friends, he knows nothing bout the constitution being a constitutional scholar, hes a lawyer. he is the worst of the worst, a con man. he was also voted in based solely on party affiliation and color. he is the least qualified president in our history.
John in texas, I think much of S&P's rationale for the downgrade was due to the dysfunctionality in Congress, and also between Congress and the White House. There's plenty of blame to go around on that whole debt ceiling debate fiasco, and really not much in the way of white knights on either side.
When it comes to issues of paying one's bills, or meeting one's financial obligations, creditors don't want to hear a whole lot of finger pointing, and they sure as hell don't want to hear the respective parties who are in debt bicker among one another on how, when where, or even if they feel they should have to meet their financial obligations. If I was the credit agency, I woulda downgraded the US sovergn debt earlier then they had. About the time, Obama went storming out of the White House, wtf? with a, depending on who's version of events "I don't care if this wrecks my presidency" or a "they're trying to wreck havoc on the ecconomy to get me out", or whatever they hell the exchange between the parties was.
These people are supposed to be civil servants, who obviously weren't showing themselves much able to lead themselves, let along a country. They shouldn't be squabling like 2 year olds arguing on the playground. Hell I've seen some kids better behaved then what came out when the debt ceiling talks were falling apart, until finally "on the 11th hour" they had an agreement which created the super committee, that also failed. The downgrade, as far as I'm concerned, is on the whole lot of them.... There was no innocent parties in that lil squable they were having, at the countries expense.
delete, posting, it redirected to a page not found error
John in texas, I think much of S&P's rationale for the downgrade was due to the dysfunctionality in Congress, and also between Congress and the White House. There's plenty of blame to go around on that whole debt ceiling debate fiasco, and really not much in the way of white knights on either side.
When it comes to issues of paying one's bills, or meeting one's financial obligations, creditors don't want to hear a whole lot of finger pointing, and they sure as hell don't want to hear the respective parties who are in debt bicker among one another on how, when where, or even if they feel they should have to meet their financial obligations. If I was the credit agency, I woulda downgraded the US sovergn debt earlier then they had. About the time, Obama went storming out of the White House, wtf? with a, depending on who's version of events "I don't care if this wrecks my presidency" or a "they're trying to wreck havoc on the ecconomy to get me out", or whatever they hell the exchange between the parties was.
These people are supposed to be civil servants, who obviously weren't showing themselves much able to lead themselves, let along a country. They shouldn't be squabling like 2 year olds arguing on the playground. Hell I've seen some kids better behaved then what came out when the debt ceiling talks were falling apart, until finally "on the 11th hour" they had an agreement which created the super committee, that also failed. The downgrade, as far as I'm concerned, is on the whole lot of them.... There was no innocent parties in that lil squable they were having, at the countries expense.
John in texas, I think much of S&P's rationale for the downgrade was due to the dysfunctionality in Congress, and also between Congress and the White House. There's plenty of blame to go around on that whole debt ceiling debate fiasco, and really not much in the way of white knights on either side.
When it comes to issues of paying one's bills, or meeting one's financial obligations, creditors don't want to hear a whole lot of finger pointing, and they sure as hell don't want to hear the respective parties who are in debt bicker among one another on how, when where, or even if they feel they should have to meet their financial obligations. If I was the credit agency, I woulda downgraded the US sovergn debt earlier then they had. About the time, Obama went storming out of the White House, wtf? with a, depending on who's version of events "I don't care if this wrecks my presidency" or a "they're trying to wreck havoc on the ecconomy to get me out", or whatever they hell the exchange between the parties was.
These people are supposed to be civil servants, who obviously weren't showing themselves much able to lead themselves, let along a country. They shouldn't be squabling like 2 year olds arguing on the playground. Hell I've seen some kids better behaved then what came out when the debt ceiling talks were falling apart, until finally "on the 11th hour" they had an agreement which created the super committee, that also failed. The downgrade, as far as I'm concerned, is on the whole lot of them.... There was no innocent parties in that lil squable they were having, at the countries expense.
Do you not see what the problem with this is? Raising the debt ceiling is not the same as allocating the funds, that is what the budget is for. Congress set the budget, the President signed off on it, year after year (though last year the budget was a mess as they kept doing extentions). Then when the bill comes due, they bicker over whether to pay the bill or not.
This would be like a family setting their own budget, then going out and using their credit card to help spend it all. Then when the electric bill comes in, arguing about whether they will use the credit card to pay the billing company, or whether they will just leave the bill hanging, and essentially tell the electric company "screw you, we're not getting into more debt". The only problem is they used all that power, and have incured the financial obligation onto themselves. Perhaps, just perhaps, they should have thought about that before they got themselves into that position, rather then waiting until after the bills come due. Now if this wasn't Congress, but was your average Joe Shmoe, the utility company would send the matter out to collections, and one of those "friendly" neighborhood collections agencies would be ringing your phone off the hook, for payment. And if you didn't pay, this would all go up to Equifax, Experian, and Trans Ocean, and your credit report would take a nose dive. Those relentless bill collectors wouldn't stop caling either, even after your credit would go down....
It isn't like there shouldn't be be fiscal responsibility, but not paying one's bills is not responsible. The proper time to be having those discussions is when one's drawing up their budgets in the first place, and (in Congress's case) submitting them for a vote/Presidential signature....
Swagganaut --@!$%#ing hell! Another rant without any substantive content. All you've done is communicate hate, and the fact you've never taken and economics class in you life. Please, go take a couple high school courses on political science and economics before you start calling people enemies of the United States.... ya poor victim.
You liberal TURDS and your UNFUNDED WAR B.S. drive me nuts!
Can you idiot list a war that was ever fully fundded by America?
Every single war fought we went into debt.
Were Obama's "military actions" in Libya, Egypt, and now South Africa funded? Thus far OBAMA not only CONTINUED Bush's "unfunded war, but ADDED to it!
P.S. I don't get FOX news, basic cable. Got better things to spend my money on than television........
You liberal TURDS and your UNFUNDED WAR B.S. drive me nuts!
Can you idiot list a war that was ever fully fundded by America?
Every single war fought we went into debt.
Were Obama's "military actions" in Libya, Egypt, and now South Africa funded? Thus far OBAMA not only CONTINUED Bush's "unfunded war, but ADDED to it!
P.S. I don't get FOX news, basic cable. Got better things to spend my money on than television........
You liberal TURDS and your UNFUNDED WAR B.S. drive me nuts!
Can you idiot list a war that was ever fully fundded by America?
Every single war fought we went into debt.
Were Obama's "military actions" in Libya, Egypt, and now South Africa funded? Thus far OBAMA not only CONTINUED Bush's "unfunded war, but ADDED to it!
P.S. I don't get FOX news, basic cable. Got better things to spend my money on than television........
sorry, but we had/have enough money to service current debts, they wanted addition money (allocated or not, thats just pol talk) for new debt. the government is spending us into what they want, they have far exceed the confines of the contract they are obligated to follow (US constitution). its is not their money to begin with(not really ours either), federal reserve is illegal (per constitution)and somehow the government long ago enslaved us without a shot being fired. if you think the government is doing what is necessary for the protection of the united states and the citizens who own it, then you have been indoctrinated. (for any party, they should have never raised the debt limit to begin with)
this is not a power bill and in your scenario i would cut back on how much debt i was incurring, not just keep doing the same things over and over expecting different results, i'd be insane. the government is lying to us all and the media play the tune, the debt talk were BS and the media didnt do jack-squat to inform the masses, only confuse. when you no longer have the money to live the lifestyle you have been living then the only answer is to stop living that lifestyle, not borrow more money. our money is backed by literally nothing and has been artificially inflated for these very reason we argue about everyday. government needs to shrink its spending or we will fail.
we have had no federal budget since obama took office, all current deficits go straight to our debt. the feds printed a few trillion dollars (quantitative easing sounds sexy right?) and we havent felt the wave yet due to feds holding rates down. can people not see any problem here? dem and repub, all pols are the same, its government that is the problem.
MWD4LIFE --What is your point?
Epic Nation
"Swagganaut --@!$%#ing hell! Another rant without any substantive content. All you've done is communicate hate, and the fact you've never taken and economics class in you life. Please, go take a couple high school courses on political science and economics before you start calling people enemies of the United States.... ya poor victim."
hey thx for the nice rebuttal ^^. what is hateful about not liking what the government does and not liking fellow americans that are blinded by what the government tells them? you tell me to take some courses but not the reason why, maybe it is you who are confused? if you put party/government before your country(men) then you are an enemy of mine.
anywho.....tim is a tax cheat who never should have been in office to begin with. if you cant see that as an issue then we will never be the same.
Tsk, It is all about defending Obama, the man who 'stands squarely behind Mr. Geithner' aka: I have lots of bad ideas so keep hiring and rehiring me. As to not liking the government, the current congress and administration have their heads in their collective rears and we the people can only stand around, fume and bitch on forums like this. Protest? Only if we get our collective heads out of our collective rears will they pay attention...or send in the troops to squash said protests...
The good news for him is he's going to have the decision taken out of his hands when Obama isn't reelected.
Skup,
Stop dreaming. None of the GOP candidates are a threat to President Obama, which is the reason they have to lie their way to the general election.
Hey skup, I hope you didn't bet the farm on that.
Well, the jury is still out vis a vis the upcoming elections. The die-hard Obama fans will vote for him regardless of what he does or doesn't do. The rest of the country will, hopefully, realize that Obama is an empty suit who only regurgitates the same talking points over and over and over.
http://apnews.myway.com/article/20120125/D9SFO48GO.html
Gingrich's approval rating is less than half his disapproval rating. Romney's is not much better. You'd think the Republican Party could field candidates that would at least have a chance.
The republicans aren't too thrilled with the options, but then, you could ask why the democrats can't come up with someone better than Obama to same effect.
The problem is, that outside those who are attending those speeches and rallies for the various GOP candidates, not many are all that excited about them either. And even within the Republican voter base, to say nothing of the independents.
Some keep repeating "anyone but Obama", though not everyone might be feeling that way. There might also be some who feel "anyone but Gingrich"; though in Romney's case I guess there would be less of that, and just more of "he's not very inspiring". What remains to be seen is who gets out, and in what numbers; and in this regard, some have said that in some of the primaries hitherto, turnout could have been better.
Many of the independents, might end up being disgusted all around, and might chose not to vote at all. It's a coin toss at this point, and I for one wouldn't feel confident saying that either Obama gets re-elected at this point, it's a given, or he'll lose, like that's a given either. I wouldn't be surprised however, if turnout might not sag some; whatever the result of that might end up being....
Well the jury is still out vis a vis the upcoming elections. The die-hand TeaRepublicans fans will for a Repub loser regardless if he's a phony, lying capitalist vulture or a lying, can't control his attitude, thnk with the wrong head, cocky, adulteress. The rest of the country will, hopefully, realize that President Obama it the best of either evils who only regurgitates the same fabrications over and over and over.
Another one bite the dust, but it's probably all for the better. Dead weight can be awfully heavy.
lol
the final dust biter will be done with in November.
tick... tock...tick...tock
Yes the clock is ticking .....Like a Monday afternoon on a slow day at work. Hurry up Nov.6th !!!
His way of saying Obama isn't getting a second term.
lol
yep
President Obama probably let him go too. After all he's the one who stated he doesn't expect the POTUS to ask him to serve another term when President Obama wins. Why would he make the assertion, unless he was forewarned?
Yep the clock is ticking and I, like many others, can't wait til November 6 arrives so all those who are talking a bunch of ying yang could shut their mouths or talk some more crap for another 4 years, because President Obama will win another term. The right is scared as hell.
i can't believe he's leaving.
with the economy is such great shape... he and his boss have done such a stellar job.
very strange.
lol
Time to look up how long it takes to get out of a recession like the one he inherited. This is the second worst turndown in history. The first was after another Republican cut taxes to their lowest level-ever. Bush cut them to the second lowest and caused the second deepest downturn- interesting what math can show.
Your right Bob, but I think you're wasting your time trying to convince any of these republitards that it was their own JW Bush that got us in this mess! They've been in denial since they LOST to Obama! I never seen such a bunch of sore LOSERS! And now all they can think of is obstructing anything that is put in front of them that may help revive our economy. Even legislation that they themselves have promoted in the past!! They're hell bent on driving this country down the tubes simply because they don't like Obama (could have been ANY democrat). Bunch of babies .... WAA, WAA we lost the presidency ... WAA WAA!!
Bob, you need to research what Wall Street companies all the finance advisors after Greenspan worked (and were in bed with).
Gaithner is among the insular business "experts" that turned their heads (along with Greenspan) to the signs appearing thanks to laws deregulating the banking industry.
All the foxes in the hen house should have been canned in 2009, the day Obama was sworn in. Obama didn't, and he inevitably empowered Wall Street because their insiders remained.
Yup. Amusing how the Obama supporters seem to ignore how he replaced all the felons who were culpable for the financial meltdown with....the same guilty parties. Oh, the irony. Their hero brought all the criminals back, gave them all that power, and they still think Obama 'inherited' his problems. Rather than cleaning house, he drug the same garbage back into the building. But hey, easier to blame Bush or play the race card as an excuse for Obama's failings.
@Bob N LA
The Dems had the majority in Congress the last two years of Bush and a Super-Majority in Congress and the Whitehouse through January 2011 and the best they could bring us is crappy Universal Health Care and a useless bail-out. If Dems are so ethical why didn't they fix the Tax Code, why are the leaders of the banks not facing criminal charges especially when it looks like the colluded and it could be prosecuted under Racketeering laws?
Harold, and the repubs have now had the hosue for a year; it can go both ways...
Actually, out of those who have replied, mygirl makes the compelling argument wrt Obama (and there are arguments that can be made). This said, if we got Romney in, I don't think he'd be kicking some of this self same influence to the curb either; more then likely I'd expect "corporations are people too" to come up somewhere, in one of the speeches he'd make. Well and stop mentioned it also.... But all around, it's like watching the respective fan bases of 2 sports teams argue... Well, at least the super bowl can provide entertainment, whether it's the Giants or the Pats who win....
It is odd though, Bush, Obama, and yet in all of this the president (neither one) is exactly the biggest player when it comes to the economy. The Fed has a lot more influence in the grand scheme of things, but oh well. And tbh, Geitner was under the employ of the Federal Reserve, before he was under the employ of Obama.... I guess it's point the finger at the other parties president, past or present, and ignore the people behind the curtain :o
Can't say I'm too disappointed to hear this given what a divisive character Geithner is. I'm sure Obama has a worthy replacement in mind.
Obama 2012!
It won't matter who his replacement is ....he wont be the POTUS anymore .
Yes, Obie will install Michelle as Secretary of the Treasury...that way, he doesn't have to ask permission to give it all away.
Pedestrian, as long as the next one worked for Goldman Sachs, that would be the only way they would get the job.
Let him go back to his Wall Street chicaneries. He's a crook through and through.
the smart rats are announcing they are jumping ship.
very smart.
FINALY, SOME GOOD NEW FROM SOMEONE IN OBAMA'S ADMINISTRATION! i wonder what crook he'll but in there next if he's re-elected?
lol
i won't matter... if he's reelected no one can help him... we will become Greece
Wow, Obama is the only President to ever have someone resign from their post (sarcasm)... this type of thing NEVER happened to a Republican President (even more sarcasm)...
The Grand Really F*CKING OLD Party has nothing other than these tactics to use in their defense, BobbyG. It's no different than the fictional character they've created for their debate hatchery. Staw + Man = Any GOP candidate's debate fall-back tactic.
Right on, Bobby G. In other news, Sec. Tim Doogan is resigning from this post. When asked why, he replied, "I felt that no one was listening. It's as if the loudest and dumbest are given their way just to shut the hell up, and the experts in our country who could solve the toughest problems (the academics and responsible professionals) are either scared off or disillusioned by this idiocracy."
Well, there you have it, folks. Another quitter spouting elitist nonsense during his 15 seconds of fame. I suppose he'll buy a log cabin in Vermont and suffer through long winters not listening to politics for the rest of his life.
Right On, BobbyG you are to ONE. Right On, Man....Right On..and ON...and ON and ON..and oh and oh and oh sh*t....Obie Be Gone.
Remember Bush's first Secretary of the Treasury, Paulson? He's the one that said publicly that the economy was headed for a tailspin and was immediately fired! He's also the one who said that Bush was just looking for an excuse to go after Saddam Hussein and Bush got him. It only cost 4,500 American lives and over $3 trillion!
Rumor has it that Geithner and Mitch Daniels are forming an economic think-tank and consulting group (wink, wink).
Little Big Headed Timmy has so much ink on his hands from fake Obama money he printed that he can't wash it off.
His best bet is to kiss ass, because NO ONE else will hire him for squat.
are you kidding?
i bet there are 50 libtard colleges lining up to take him.
Actually, all that funny money that kept getting printed, was really from the Federal Reserve.... The Executive Branch hasn't really printed monetary notes, since the days when it was left to the US Mint. Course we were also on the gold standard back then....
You know, this little number called quantitative easing.... It's the central bank, not the president who prints all these fiat notes....
The smart choice for a replacement might be David Stockman, regardless of who's elected president. He's Republican, but he tells it like it is: "(Extending the Bush tax cuts is) rank demagoguery. We should call it for what it is. If these people were all put into a room on penalty of death to come up with how much they could cut, they couldn't come up with $50 billion, when the problem is $1.3 trillion. So, to stand before the public and rub raw this anti-tax sentiment, the Republican Party, as much as it pains me to say this, should be ashamed of themselves." ~ David Stockman
I don't know who he is, but I like the way he thinks
I like Stockman, I too was a conservative at one time until the lunatics took it over. Statesman is not a word in the GOP vocabulary.
If he wasn't a Goldman Sachs taught thief, he will never get the job.
Stockman was former budget director for Reagan. He's got a new book out on crony capitalism. How our government has been hijacked by big money corporations for their own benefit. Whether you lean left or right, you should check out what this man has to say. Even Reagan had to raise taxes a couple of times to get things on the right track.
Absolutely stunning news what with his and Obama's policies saving or creating over 300 million jobs!
The announcement I am really looking forward to is Chrissy Matthews spittling all over himself announcing Obama has lost the election. No more tingle time for little Chrissy.
he's the jobs president.
he just needs more shovels.
Don't let the door hit you in the a$$, Timmy. Thanks for nothin'.
I agree. Now if we could only get rid of Bernanke too!
This is tantamount to the captain (of industry) abandoning the Obama economics ship. Another one off to the IMF, world government and to dress like a lady.
he's tried to get out before.
he can't run fast enough.
Run Forest Ru...ohhh...
Good news, but even better! No 2nd term for Hussein!!.
I'm glad he's leaving, and I'm sure President Obama will pick someone great to take his place! And to all you Obama haters, After that great speech last night, and another job well done for the SEAL team. I know it's tough, but get used to it! Obama 2012
i hear Jon Corzine is available.
same track record as little Timmy
No Geithner, I'm sure you're not. But not for the reasons you think. You and your pals will be singing the back door song in prison once the RICO Act is brought to bear on you and your cronies. Since you and the Group of 30 will be incarcerated at the same time, maybe you can come up with a way to pay back Americans that have been devastated by all your financial wizards.
You will be going down, along with all your banking buddies. Better forget finance, because you suck at it and start hitting the law books, you're going to need them. Look up FRAUD!!!!
To Geithner ADIOS AND ASTA LA BYE BYE!
Good Riddance Ya Pig!
The sleazy bastard shouldn't be there now. Hey Geithner, on your way out heading to do your taxes...don't let the door hit you in the a##. Oh, pick up Eric Holder, you know the dirtbag that should have already been impeached,...and you guys just fa, fa, fade away. Please.
yeah, timmy "tax cheat" geithner is going to turbo tax bootcamp after his term.
We should all second Geithner's expectation.
And his next stop should be prison along with the "Fed" execs and the rest of the bankster cult leaders and their purchased politicians.