It's disinformation.
Since 1933, the usurers behind the Federal Reserve system have been in charge of the U.S. Government.
Timothy Geithner is Secretary of Treasury - correct?
Title 22 USC Sec. 286a states that the "governor" of the "World Bank" and "IMF" shall not be paid by the U.S. government.
And in case you were unaware, the U.S. governor of the "bank" and "fund", is the Secretary of Treasury - who shall not be paid by the U.S. government. But shall be paid by the fiduciary agent for the "bank" and "fund" - the Federal Reserve Corporation.
The TAIL wags the DOG.
Good doggy, BHO, good boy! HEEL!
(Really can't blame BHO. Remember who "protects" the president. It's not the U.S. Marines, who are under HIS orders, as Commander in Chief. He's protected by the "Secret Service", who are TREASURY agents. And the Secretary isn't paid by the U.S. government, pursuant to law.)
==========
References:
Title 22 USC Sec. 286a (a) Governors and executive directors; term of office The President, by and with the advice and consent of the Senate, shall appoint a governor of the Fund who shall also serve as a governor of the (World) Bank, and an executive director of the (International Monetary) Fund and an executive director of the Bank.
...
(d) Compensation for services Appointments (1) No person shall be entitled to receive any salary or other compensation from the United States for services as a Governor, executive director, councilor, alternate, or associate.
According to page 494 of the U.S. Government Manual, 1993/1994
edition:
"In addition , the Secretary (of Treasury) has many responsibilities as chief financial officer of the Government. The Secretary serves as Chairman pro tempore of the Economic Policy council and as _U.S. Governor_ of the International Monetary Fund, the International Bank for Reconstruction and Development, the Inter-American Development Bank, and the African Development Bank."
Is that clear? The Secretary IS the U.S. Governor of the IMF and World Bank, and pursuant to law, is not paid by the U.S. government. Conflict of interest?
Bank holiday of 1933. Presidential Proclamation No.2039, issued March 6, 1933, and No. 2040, issued March 9, 1933, temporarily suspended banking transactions by member banks of the Federal Reserve System. Normal banking functions were resumed on March 13, subject to certain restrictions. The first proclamation, it was held, had no authority in law until the passage on March 9, 1933, of the ratifying act (12 U.S.C.A. Sec. 95b). The present law forbids member banks of the Federal Reserve System to transact banking business, except under regulations of the _Secretary of the Treasury_, during an emergency proclaimed by the President. Title 12 U.S.C. Sec. 95.
Black's Law Dictionary, Sixth Edition, p. 146
Banks operate under the regulations of the Secretary of Treasury, who is also the Governor of the mess, and not paid by the U.S. government.
Who's in charge?
Unless the Secretary agrees, the president can't do a thing - 'cause he has no power over the CASH BOX.
P.S. - look at the fine print on the "signature card" you signed when you opened an account in any Federal Reserve bank. It says YOU AGREE TO ABIDE BY THE RULES OF THE BANK!
That's their basis of power - your consent.