Geithner gets earful at G-20 summit

ASSOCIATED PRESS ^ | March 15, 2009 | AOIFE WHITE

[george76]

HORSHAM, England — U.S. Treasury Secretary Tim Geithner was the new man among a crowd of silver-haired finance ministers from the Group of 20 leading economies — and some of them let him know it.

Financial officials and markets around the world are waiting for Geithner to come up with details on U.S. solutions to fix the crisis of confidence in the American banking system that has paralyzed lending and could worsen a downturn that has already swept away company profits and thousands of jobs.

They aren't waiting patiently. Brazilian Finance Minister Guido Mantega said there is an "urgency" for the U.S. to solve its banking problem.

"If they're going to be nationalized then go ahead, if they are going to be liquidated then go ahead. But it must be done quickly,"

[Recovering_Democrat]

Geithner and his Master Hussein are idiots. That is on full display right now.

And the Cult doesn’t realize it.

[Diana in Wisconsin]

Do I get a vote? I vote for a big old 'Liquidation Sale!'

Let's get this bubble burst and get ON with our lives. Yeesh!

[Diogenesis]

Tiny Tim "Tax-Cheat" Geithner to Imperial, King, Ultimate Emperor,
and Pres_ _ent-for-Life of New Kenya and America, Hussein Obama:
"Plan? We will just print money, like in Zimbabwe."

[jessduntno]

That’s not the only cavity he needs to get filled...

[saganite]

When was Geithner supposed to come up with this plan? Seems like a long time ago that he made that worthless and totally lacking in content speech that Obama promised would supply a roadmap to fixing the current mess. Meanwhile, I read another thread that Geithner is working pretty much alone since the Obam team has failed to make any more appointments to run the agencies Geithner is supposed to head. This administration is clueless, incompetent, destructive and willfully ignorant.

[Aria]

Here we are the leader of the world and our idiot voters put group in.

[Aria]

I almost feel sorry for Geithner...his life must be pure hell right now.

[wastedyears]

All problems thanks to Congress.

[Former MSM Viewer]

“....I almost feel sorry for Geithner...his life must be pure hell right now....”

Yeah well, if the little wimp cant handle it, tell him to get out of the way and lets get someone who can...preferably a grownup

[rfp1234]

[devane617]

I am beginning to believe that Geirthner will not be around long.

[JennysCool]

I vote for a weekly national lottery. It’d clear this mess up in a few months and make a killer reality TV show to boot.

[colorado tanker]

Sheesh, Guido knows more about this business than Zero or Tiny Tim the Tax Cheat. This uncertainty over what's going to happen with the banks is the main thing depressing the markets. Get on with a plan, already.

My vote FWIW is the tried and true plan of seize the insolvent banks, strip out the bad loans for liquidation and sell or merge a clean balance sheet to a stronger bank. We know it works. Nationalization is a bad idea.

[elpadre]

we have an administration of second tier people, or lower.

their socialist “agenda” is far more important than he well-being of the nation.

[george76]

LOL

[Octar]

Timmeh!!

[max americana]

I find it amusing that the world that was laughing at our ‘demise’ 2 years ago when we had the financial crisis are now telling us to solve the world’s problems like clockwork.

[Jet Jaguar]

I think his entire cabinet should resign. Bumbling idiots.

[Eva]

Some odd things about the Geithner appointment. First we heard from the WSJ, Best of the Web that Geithner was a liberal, but he was a liberal who HATES deficits, so they thought that he wouldn't be so bad.

Then we learned that Geithner's father worked with Obama's mother and that Obama and Geithner were born only one month apart.