That tax cheat who just had to be confirmed, Tim Geithner proving that he can’t handle the pressure of the job

Remember when everyone (well almost everyone) was praising Obama for selecting the “brilliant” and “gifted” Tim Geithner? Then came the tax problems, and all we heard from the Obama admin was that he MUST BE CONFIRMED to handle this ‘crisis’ we are in. This Yahoo article sheds some light on the problem

For five weeks, Treasury Secretary Timothy Geithner has battled the worst economic crisis in generations with no key deputies in place. That’s made for a rocky debut for the man President Barack Obama put in charge of addressing the financial crisis.

With an awkward first television appearance, a bank rescue plan that lacked promised specifics and two restructured bailouts that raised taxpayer risk, Geithner has failed to calm financial markets desperate for answers.

Critics say part of the problem is that Geithner is flying solo: Not one of his top 17 deputies has been named, let alone confirmed. And without senior leadership, lower-level Treasury employees can’t make decisions or represent the government in crucial conversations with banks and others.

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March 4, 2009 · Filed Under Obama's Cabinet, Tim Geithner


Comments

  • Dennis

    Anybody know where I can get a bumper sticker that says “1-20-13″??