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Is Geithner the best Obama can get for Treasury?

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Ardent15 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 06:14 PM
Original message
Is Geithner the best Obama can get for Treasury?
He is very knowledgeable and is competent, but is he really the best man for the job? His tax issues have provided ammunition for the GOP and made the vetting process at Treasury more intense, so it's harder to find good people. He doesn't seem to inspire confidence in many people.

I trust him with the job, overall, but I'm still apprehensive and skeptical. I guess we all are.
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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 06:27 PM
Response to Original message
1. GOP bet the Farm on Economic Down turn
all you are going to hear from them is "How Bad of a Job Geithner is doing"

My question is this - How much is Geithner and Obama's administration going to force Banks to open their books to Federal Regulators.

Just how scared is Wall St. of having Regulations legislated upon them

The RATpubliCONs allowed Wall St. and the Banking Industry an unfettered Deregulated rampage on America. The last thing they want is to be realed in before they have stolen every last dime from the American working Class
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MannyGoldstein Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 06:30 PM
Response to Original message
2. It Would Be Better To Have A Democrat Instead
Geithner is a "former" Republican who claims to have switched party affiliation - however, looking at his actions, he is just another of the crypto-Republican Clinton posse.

We need Democrats in Treasury, and we need them promptly.
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Ardent15 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 06:32 PM
Response to Reply #2
3. Leon Panetta should go to Treasury
That would be a good start. What is he doing at CIA?
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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 06:41 PM
Response to Original message
4. I think Geithner is fine.......
He doesn't seem to inspire confidence, because many of those who complain about him don't want confidence instilled, period.
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Ardent15 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 06:41 PM
Response to Reply #4
5. Maybe
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KittyWampus Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 06:53 PM
Response to Reply #4
13. Bullshit. At this point he's incompetent. AIG just told him "fuck you".
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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 07:50 PM
Response to Reply #13
20. Why don't you explain AIG to me......
And tell me what it is that Geithner should have "done"?
Or are you trying to say that Geithner is responsible for AIG?

Please provide some facts.

Cause Bill Ayers and Rev. Wright want to know.
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Idealism Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 06:43 PM
Response to Original message
6. I would have preferred Stiglitz or Krugman, personally
but I think the Geithner is doing as much as he is allowed to do.
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Davis_X_Machina Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 07:08 PM
Response to Reply #6
16. Neither wants the job, or similar.
Both have turned down jobs in earlier administrations.
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Connie_Corleone Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 06:43 PM
Response to Original message
7. I saw him on Charlie Rose last week. A very informative interview
Geithner seems to do his best in longer interviews. I don't think he's the speechifying type. As long as he does his job, I don't have a problem with him.
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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 06:47 PM
Response to Reply #7
8. I saw that too.
More should see it.

Here's the link for those interested ---> http://www.charlierose.com/view/interview/10137

Unfortunately, I find that more folks are interested in running their mouths about this man,
when in reality, few have actually listened to what he truly has to say.
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Ardent15 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 06:48 PM
Response to Reply #8
9. Thanks for the link. I don;t doubt his knowledge and wisdom...
....I was just wondering if he really was the best man for the job.
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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 06:51 PM
Response to Reply #9
10. The best man for the Job is Barack Obama.
Everything else flows from there.

In fact, I prefer the fact that when the media and those who believe the media say "hurry up", the Obama Admin responds...."Fuck you, it will take more time, but thanks for asking".

That's actually a very good sign.
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Ardent15 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 07:02 PM
Response to Reply #10
14. Good point
Obama himself is clearly in command of his agenda.
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sendero Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 06:51 PM
Response to Original message
11. I think he's..
Edited on Sun Mar-15-09 06:52 PM by sendero
.... just another wall street insider who is more interested in bailing out wall street than in doing what is best for America.

I was very disappointed that Obama chose this guy. He certainly does not represent "change".
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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 07:18 PM
Response to Reply #11
17. He never worked on Wall Street...so he's not an insider.
He's worked for the Government most if not all of his career, and has a international view of economics which is what our economy has become.

His father, Peter F. Geithner, is the director of the Asia program at the Ford Foundation in New York. During the early 1980s, Peter Geithner oversaw the Ford Foundation's microfinance programs in Indonesia being developed by Ann Dunham-Soetoro, President Barack Obama's mother, and they met in person at least once. Timothy Geithner's mother, Deborah Moore Geithner, is a pianist and piano teacher in Larchmont, New York where his parents currently reside.

He spent most of his childhood living outside the United States, including present-day Zimbabwe, India and Thailand, where he completed high school at International School Bangkok. He then attended Dartmouth College, graduating with an A.B. in government and Asian studies in 1983. He earned an M.A. in international economics and East Asian studies from Johns Hopkins University's School of Advanced International Studies in 1985. He has studied Chinese and Japanese.

I think he has the knowledge, and the experience, and obviously the understanding that he needs to do what President Obama believes is the right course of action. Geithner represents Change as much as he doesn't.
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sendero Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 07:42 PM
Response to Reply #17
18. He merely...
.. has been involved with the regulatory bodies that FAILED to prevent this mess, i.e. the NY Fed, as well as the widely disliked IMF.

He didn't work for wall street per se, he just participated in the fiasco the way so many have - by standing on the sidelines and watching the disaster unfold.

Not impressed.
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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 07:47 PM
Response to Reply #18
19. He is one person......
and what you are doing is worse than blaming Bill Clinton for 9/11.

In fact, we should just blame Bill Clinton for the whole economic mess,
and be done with it. After all, he had wayyyyy more say than Geithner
ever had.
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sendero Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 08:12 PM
Response to Reply #19
22. No, what I am doing..
... is pointing out that Obama has taken on people who are part of the problem and cannot be part of the solution.

We have funneled untold billions into this and that is the only solution these wizards can come up with. It is the only solution they can come up with because they are working for Wall Street, not America.
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katandmoon Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 06:53 PM
Response to Original message
12. No, and if Obama thinks he is, what does that say about Obama?
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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 07:06 PM
Response to Reply #12
15. It says that there is a good possibility that Obama is right with his choice,
and that maybe you aren't?
After all, folks voted for Barack Obama....
you, not so much.

I will say that I'm amazed on how many folks have the balls to believe that they have the answer,
without any hard evidence of such.
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JimGinPA Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 07:51 PM
Response to Reply #15
21. LOL
:rofl:

Don't candy-coat it!


:rofl:


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