Thursday, November 19, 2009

Geithner Is Asked If He Will Quit

A major pawn, that writes the checks for the elite, came under heavy fire today.

During testimony before the Joint Congressional Economic Committee, Secretary Timothy Geithner ran into hostile confrontations with Republicans and some Democrats .

Rep. Kevin Brady (R-TX), the top House Republican on the panel, detailed what he said were Geithner's failures to steward the economy.

"Will you step down from your post?" asked Brady, R-Texas.

Geithner replied that he served at the pleasure of President Barack Obama. Geithner also said he agreed "with almost nothing" that Brady had said.

Geithner said that the administration inherited an economy that was "falling off a cliff."

This was followed by Rep. Michael Burgess (R-TX) who told Geithner "I don't think you should quit -- you shouldn't have been hired."

While entertaining, it is unlikely anything will come out of this. Geithner was under much heavier fire when he first assumed the position of Treasury Secretary, and now he is being stick handled by Rahm Emanuel. His survival during the first attack proved to me that he has very strong supporters. This, of course, again raises the question was Geithner's father a CIA operative working Asia? And, how well did Geithner's father know Obama's mother when she was involved in microfinance in Indonesia, and he was working Asia for the Ford Foundation overseeing microfinance?

1 comment:

  1. Wenzel,

    Nothing will happen precisely because the people responsible for taking him down are under the delusion that the TresSec is rightfully a "steward" of the economy.

    These people are nuts.