Dems calling for Geithner to be fired--aren't they shooting themselves in the foot?

[ecstatic]

Dems are now adapting the RW meme that President Obama's financial team failed... which I don't believe is the case. But now, because of vocal dems in the house and senate, Pres. Obama will be damned if he does and damned if he doesn't. Well... all I can say is, good luck in 2010.

[MNDemNY]

1. Better question, what would it's effect be on the country?

[G_j]

3. +1

[ecstatic]

4. Honestly, I think it could only get worse under new management

No jobs AND a collapsed market.

[MNDemNY]

7. "Stay the Course" ??

:shrug:

[sendero]

14. Geithner..

... has given jobs to no one, but gave given his banker buddies billions.

More and more people are catching on to the FACT that his actions have mostly just funneled billions to companies like Goldman Sachs who return the favor by paying themselves outrageous salaries while contributing exactly nothing to the economy.

It's too late the undo the damage that fuckwad has done, and Obama will NEVER be regarded as having done the right thing by hiring the bastard to begin with.

But firing him would be a nice symbolic gesture.

[Stinky The Clown]

2. Geithner needs to go. He was a bad choice from Day One. Summers, too.

[Cant trust em]

5. I don't think they failed, but I think that they could be working better.

[gateley]

10. Yes -- well said. nt

[Sebastian Doyle]

6. I don't give a flying fuck what the right wing says

The elf is a fucking failure and a tool of the Wall Street/"federal" reserve billionaire whores. He needs to be gone and either back in Santa's workshop making toys, or better yet, in prison for tax evasion.

Anybody defending that fucking piece of criminal enabling shit really needs to take a look in the mirror and ask themselves WHY they think he's worth it.

[golddigger]

21. +1

:thumbsup:

[taught_me_patience]

26. The "elf"

bwahahahahaha... haven't heard that one before.:rofl:

[Swamp Rat]

8. Firing Geithner is a step in the right direction.

[tnlefty]

42. Hey Swamp Rat!!

That is one nice graphic. :hi:

[gateley]

9. Other: Not sure. None of us liked the idea of Geithner from the git-go, but

who would O get to replace him? It's been horrible, but it could probably be even worse! His choice of Geithner in the first place kind of concerns me, so not sure if he'd do better choosing a replacement.

[notadmblnd]

16. Elliott Spitzer?

[gateley]

27. There are several people who could do a really good job,

but how do we know who Obama would select? I was hoping for Paul Krugman initially, before he appointed Geithner, but Obama never asked for my opinion. :7

[notadmblnd]

31. He'd be a good pick too.

[bikingaz]

37. krugman - are u serious? He just theorizes - has no real job

Geitner is enabling his Wall Street buddies but at least worked at the NY Fed.
Krugman has always worked in the theoretical world & knows squat about Main Street. Anything he would do, would be an experiment and he is not the one who would be paying. It would be US - the working stiffs.

[gateley]

43. Don't worry about it -- it's not like I have any say in the matter. Perhaps, since

you obviously have a handle on it, you should advise Obama as to who the perfect choice would be. And who would that be, by the way?

[Toucano]

18. Elizabeth Warren is up to the job.

She has a deep understanding of the problems and plenty of ideas for the solutions.

She is not an insider, and is well equipped to perform the job correctly.

[BrotherLove]

20. She would definitly be looking out for us lower lifeforms, would be a nice change for once

[Sebastian Doyle]

36. I'd definitely have her on the short list

Bob Reich and Brooksley Born as well. Yeah, they were both in the Clinton administration, but they see what was done WRONG back then, instead of pretending it was all right, like Rubin, Summers, and the elf.

[bergie321]

11. You are correct

Obama should hold a press conference and say "Geithnie you're doing a heckuva job!" :sarcasm:

[C_Lawyer09]

17. I get it

Like Brownie, right? Good one.

[Kurt_and_Hunter]

12. It's not a "meme," it's an observation of the actual world

If you are going to do and think the opposite of whatever republicans say then you might as well be a republican... an image in a mirror looks just like the thing itself.

[Coyote_Bandit]

13. Dems need

to start serving the needs and interests of flesh and blood citizens instead of the corporations.

Geithner needs to go and Obama needs to find someonew better to fill that position. And if he can't - or won't - then maybe he needs to go as well.

[Toucano]

15. Geithner has proven himself to be the wrong man for the job.

He is incapable of handling the job at hand without producing more of the same.

He must go.

[Dreamer Tatum]

19. His team DID fail. nt

[TheWebHead]

22. if the far right and far left both want Geithner fired

he must be doing something right. Back in March, the far right wanted the banking system to fail, let them all go bankrupt, while the far left wanted to nationalize the banking system. Both would have been disastrous. Instead, the banking system has since largely recapitalized, the equity markets are nearly back to the pre-lehman levels, and global GDP figures are mostly back in the black.

[w4rma]

29. Not really. If the so-called "centrists" are the only ones who like him then he's clearly a

corporate stooge.

[taught_me_patience]

23. That piece of shit funneled money from the taxpayer into Goldman's coffers

This is a proven fact. He needs to be fired immediately.

[ecstatic]

30. I hate that, BUT GS paid all the money back with interest

What happened wasn't right, but it's the past now and the US did make a lot of money for the taxpayers.

[taught_me_patience]

34. They paid back the TARP

but they didn't pay back the money that the government funneled through it's "bailout" of AIG.

http://www.nytimes.com/2009/11/17/business/17aig.html

[TheWebHead]

39. read this

http://economicsofcontempt.blogspot.com/2009/10/janet-tavakoli-all-bark-no-bite.html

[EFerrari]

41. No, it's not past at all for all the people who are losing their homes.

Do you think that paid back GS money is going to help them the least little bit?

[Thickasabrick]

24. Geithner and Summers need to go - it is a bi-partisan fact. nt

[Raine]

25. Get rid of him!! nt

[Sebastian Doyle]

28. Ed Schultz Text poll results 11/19/09

Should Timmy be fired?

Yes - 70%

No - 30%

[Major Hogwash]

32. Can't blame the state of the economy on just 1 guy!!

For crying out loud.
If they fire Tim now it will look like that is what they are trying to do - blame it all on him.

If you don't like the policies he sets, then tell him to change the policies.

[gateley]

35. You make an excellent point. nt

[DU GrovelBot]

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[Capn Sunshine]

38. It's a right wing meme, all right

What would fuck up the economy more than disruping the continuity of the leadership?
This is one of the stupidest things I've seen in a long time.

[EFerrari]

40. They didn't fail in any way. They got the money exactly where it was supposed to go.

And all the right banks are foreclosing on 77 year old ladies like my mom. It's a beautiful thing. :sarcasm:

[bertman]

44. Admitting a mistake--especially a HUGE ONE like the hiring of Geithner and Summers

would be a plus for the President. Unfortunately, I doubt it was a mistake. It was just what the Wall Street elites ordered.

Fire BOTH the bastards.

[Jakes Progress]

45. Nope. Obama did that when he hired him. nt