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Posted on 03/17/2009 7:11:34 PM PDT by St. Louis Conservative
Is President Barack Obama's administration showing hints it is losing confidence in Treasury Secretary Timothy Geithner? CNBC's Larry Kudlow said the signs are suggesting as much.
The host of "The Kudlow Report" said in an appearance with CNBC On-Air Editor Charlie Gasparino on his March 17 broadcast that a statement put out earlier today by the administration, and placed at the top of the Drudge Report, hinted this was the beginning of the end for Geithner.
"You know, statements out of the blue - statements like this are what I call a real bad leading indicator that Geithner's time, days may be numbered," Kudlow said. "It may not happen in the next week, but it may happen."
The statement was made in relation to the Treasury Department's handling of the brouhaha surrounding the $165 million in bonuses paid out to American International Group (AIG) executives, even though they were recipients of bailout money from the Troubled Asset Relief Program (TARP).
(Excerpt) Read more at newsbusters.org ...
Obama himself should resign he signed the law that allowed the bonus’ to be paid and now he feigns indignation to try and seem like a Populist! Obama is a clown with no executive experience. He is in way over his head the media and Congress will continue to try and run cover for him but its getting old really quick.
The Soviets and China will use this crisis to their advantage (All totalitarian minds think alike, “never let a good crisis go to waste”) to destroy this country. Thanks idiot Obamabots for giving us this loser that will destroy America.
If the media doesn’t start to do some serious accountability on Obama we are doomed.
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