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Old 03-17-2009, 02:14 PM
 
42,732 posts, read 29,861,612 times
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Quote:
Originally Posted by Synopsis View Post
Geithner is part of the problem, not the solution.
Sometimes problems have to be solved by persons who are inside a system, and who understand the problems better than people who are outside the system.
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Old 03-17-2009, 02:17 PM
 
Location: Ohio
1,009 posts, read 874,460 times
Reputation: 250
Quote:
Originally Posted by DC at the Ridge View Post
Sometimes problems have to be solved by persons who are inside a system, and who understand the problems better than people who are outside the system.

Expecting Geithner to help solve this crisis is the equivalent of expecting a mafia don to help solve the problem of his thugs trying to extort you.
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Old 03-17-2009, 02:21 PM
 
42,732 posts, read 29,861,612 times
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Quote:
Originally Posted by OhioUberAlles View Post
Expecting Geithner to help solve this crisis is the equivalent of expecting a mafia don to help solve the problem of his thugs trying to extort you.
You may be right. But I don't think ANYONE who took this job during this crisis with the sort of scrutiny he's receiving would be considered to be doing well. He at least understands economics on this level, and if we're going to survive this crisis I think it would be a big mistake to start playing merry-go-round with Treasury Secretaries. Especially when the rest of the Cabinet is waiting to be finalized.
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Old 03-17-2009, 02:40 PM
 
14,993 posts, read 23,877,846 times
Reputation: 26523
Quote:
Originally Posted by DC at the Ridge View Post
It sounds like you are criticizing his performance in another position altogether. So far as Treasury Secretary he's been crippled by the inability to get staff. That's not his fault. I think he needs to be given the chance to do his job before we start firing the cabinet members we do have. Otherwise, we are just disabling our government from being able to do the job we expect them to do.

Well, people fall in politics, as well as private enterprise, based on sins of the past. I'm willing to give him a chance but when it came to releasing his portion of the TARP funds last month he offered no details at all to the country. It wasn't an inspiring start. I mean you have tens of million of investors and business leaders waiting with baited breath on what the white house plans to do for business, and we have gotten virtually nothing out of him or his department. His tax problems, with him head of the IRS, wasn't a good sign either. I'm just saying at this point Obama needs a political fallguy - and of all the people left in politics he fits the bill the best.

He's a guy that knows his business. So does Bernanke, so did Paulson. Did you watch that 60 minutes interview Sunday with Bernanke? They know what the key recession issue is and the cause - the financial institutional crises. They are smart guys. The problem is I am not sure they know the solution to the cause. If they convinced me that bank bail-outs, the TARP fund, is the solution, I would go for it. But so far I'm not sold. I'm also not convinced that government has the ability to perform due dillegence in controlling the distribution of a trillion dollars. And don't even get my started with the (anti)-stimulus bill from last month.
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Old 03-17-2009, 03:51 PM
 
96 posts, read 104,304 times
Reputation: 34
Default DCatR

Quote:
Originally Posted by DC at the Ridge View Post
Sometimes problems have to be solved by persons who are inside a system, and who understand the problems better than people who are outside the system.

You forget. Geithner was a tax cheat.....until he was picked to be SotT.

And don't forget, he was also closely connected to AIG. He not only should be fired....he never should have been confirmed. The only reason he was is because of the dem majority.

Cheer up, folks...we're watching a classic lesson about how the left is not qualified to be in power. Gotta love it!!!
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Old 03-17-2009, 03:53 PM
 
96 posts, read 104,304 times
Reputation: 34
Quote:
Originally Posted by DC at the Ridge View Post
Geithner was not Treasury Secretary in 2008. He's been pressuring Liddy on these bonuses. It's not his oversight that failed. Those contracts were drawn up in the first quarter of 2008. Did AIG disclose them when they received bail-out funds?

Yes. Check this out:

Newsmax.com - Two Faced: Dodd Protected Bonuses, Now He Wants Them Out (http://www.newsmax.com/headlines/chris_dodd_bonuses/2009/03/17/192860.html - broken link)
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Old 03-17-2009, 06:29 PM
 
Location: Socialist Republik of Amerika
6,205 posts, read 12,858,104 times
Reputation: 1114
AIG

44 Billion to US offices

62 Billion to foreign offices, ie... UK, France, Germany, etc....


Legally contracted bonuses before bailout by Dodd, and Frank

165 million...


Can you say distraction???

This information was gleened from Beck.

Thanks Beck for showing us the MONEY>>>>>>
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Old 03-18-2009, 12:23 AM
 
105 posts, read 213,072 times
Reputation: 33
Originally Posted by Questionwhy
I am as liberal as they come, however I wouldnt mind calling for the death of certain people, alot of people on this board deserve to die

Sadly some people deserve to die for humanity to improve, just a sad part of life, some people are so conciously evil and have done so much harm that death is really the only punishment, perhaps to at least set an example


Originally Posted by Gematria: I am not perfect in my self but what you have said sounds like something Adolf Hitler would have said and what the Man of sin and Beelzebub will say. We all need to really think about what we believe in and what we speak.


Quote:
Originally Posted by chielgirl View Post
I completely disagree, and who are you to decide who those people are?
This is simply hateful.
No one deserves to die because you don't like them.

+1
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Old 03-18-2009, 06:30 AM
 
Location: West, Southwest, East & Northeast
3,463 posts, read 7,303,667 times
Reputation: 871
When you have AIG paying bonuses to Obama and Chris Dodd - we have major problems in Washington!

Obama Received a $101,332 Bonus from AIG
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Old 03-18-2009, 06:49 AM
 
Location: West, Southwest, East & Northeast
3,463 posts, read 7,303,667 times
Reputation: 871
TurboTax Tiny Tim Geithner is hilariously stupid! Now he plans on just deducting the bonus amount from the next bailout going to AIG! What an idiot! Obama and his fool administration should be removed from office!

"Treasury will deduct that amount from the $30 billion in government assistance that will soon go to the company."
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