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Obama seeks greater rein on financial institutions
YahooNews ^ | 03/18/09 | JENNIFER LOVEN

Posted on 03/18/2009 1:25:28 PM PDT by AngelesCrestHighway

WASHINGTON – President Barack Obama said Wednesday no one in his administration created the mess at insurance giant AIG, including the much-maligned executive bonuses, but that "the buck stops with me" to fix it. Standing on the White House lawn as he prepared to go to California, Obama vigorously defended his embattled Treasury secretary, Timothy Geithner.

Some have speculated that Geithner's job could be in danger over his handling of the millions of dollars in bonuses that American International Group Inc., is giving its executives — even in the midst of a massive federal bailout.

"There has never been a secretary of the treasury, except maybe Alexander Hamilton, right after the Revolutionary War, who's had to deal with the multiplicity of issues that Secretary Geithner is having to deal with, all at the same time," said Obama, with Geithner standing at his right elbow.

"And, you know, he is doing so with intelligence and diligence. Nobody's working harder than this guy," Obama said

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Government; Miscellaneous; Unclassified
KEYWORDS: cradle2grave; goodbyeamerica; taxcheattimmy; womb2tomb
he is doing so with intelligence and diligence. Nobody's working harder than this guy," Obama said

More crap talk from our used car saleman as president!

1 posted on 03/18/2009 1:25:29 PM PDT by AngelesCrestHighway
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To: AngelesCrestHighway

They misspelled “reign” in the headline.


2 posted on 03/18/2009 1:26:25 PM PDT by MortMan (Power without responsibility-the prerogative of the harlot throughout the ages. - Rudyard Kipling)
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To: AngelesCrestHighway

Obana must practice lying everyday in fron of a mirror...


3 posted on 03/18/2009 1:26:59 PM PDT by AngelesCrestHighway
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To: MortMan

correctomundo....It should be spelled rain....


4 posted on 03/18/2009 1:28:32 PM PDT by AngelesCrestHighway
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To: AngelesCrestHighway

Obama did nothing of the sort. His teleprompter did this. Thankfully, he didn’t thank himself again for some sort of silly thing.

This man is a loon’s loon.


5 posted on 03/18/2009 1:29:26 PM PDT by Da Coyote
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To: AngelesCrestHighway

Sorry to say it but Obama is scum, he passed off the blame in between saying he takes responsibility. He is a coward and a phoney.

Some people think Obama is open about his plans, but watch how he always says two opposites in order to lull the moderates and conceal his real agenda.

He is now talking about how we should have controlled compensation when the economy was good, years before the government takeover. He totally plans to smash America into a socialist state.


6 posted on 03/18/2009 1:30:31 PM PDT by Williams (It's The Policies, Stupid.)
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To: AngelesCrestHighway

“Obama vigorously defended his embattled Treasury secretary, Timothy Geithner.”
* * * *

Good. I’d rather see him go down with his incompetent staff than throw everyone under the bus and continue on his merry way.

PS I despise that POS. I may have already mentioned that today. At least twice.


7 posted on 03/18/2009 1:31:10 PM PDT by Canedawg (Congress shall make no law abridging the freedom of speech, or of the press.)
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To: AngelesCrestHighway
Practice? No, he does not need to. He is a natural liar. No President in history can compare to Obama in any fashion when it comes to lying.
8 posted on 03/18/2009 1:34:58 PM PDT by jveritas (God Bless our brave troops)
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To: AngelesCrestHighway

I think it’s a good idea. Then he can finish paying off my home.


9 posted on 03/18/2009 1:37:10 PM PDT by RC2 (http://www.youtube.com/user/Funbobbasso)
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To: AngelesCrestHighway
" Standing on the White House lawn as he prepared to go to California, Obama vigorously defended his embattled Treasury secretary, Timothy Geithner."

Our country is looking for a way to rein in this entire administration before they bankrupt us into oblivion.

How about keeping 'Air Obama' on the ground, keeping your @ss in the White House & start learning something about what a president really does!! Start some 'on the job training' lessons.

So far everything importanti is above your paygrade.

10 posted on 03/18/2009 1:39:58 PM PDT by LADY J
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To: AngelesCrestHighway; jveritas
Impressive! Obama didn't blame Bush or the Republicans, but then again, he did weasel out of taking any blame. The clock is ticking on Obama and soon he will not be able to hide from 100% blame. That's when we get to see his spectacular laser light show with glitter MELTDOWN...
11 posted on 03/18/2009 1:46:04 PM PDT by avacado
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To: LADY J
"How about keeping 'Air Obama' on the ground, keeping your @ss in the White House & start learning something about what a president really does!!"

Obama has to get to Kalifornia to be on the Jay Leno show for some Bush bashing.

12 posted on 03/18/2009 1:48:00 PM PDT by avacado
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To: avacado

The truth will catch up to the socialist liar. The truth will triumph at the end.


13 posted on 03/18/2009 1:56:52 PM PDT by jveritas (God Bless our brave troops)
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To: AngelesCrestHighway
Obana must practice lying everyday in fron of a mirror...

Actually, the teleprompter practices lying. And the teleprompter was the one defending Geithner.

We have to keep clear that,despite his moving lips, the lies are being fed by Mr. Teleprompter.

14 posted on 03/18/2009 2:04:43 PM PDT by plangent
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To: AngelesCrestHighway
Obana must practice lying everyday in front of a mirror...

It's a good way to do it. For a while I had a narcissistic business partner. Afterward, I heard he had spent a lot of time practising his delivery in front of a mirror when he was a college broadcaster.

15 posted on 03/18/2009 2:49:12 PM PDT by Pearls Before Swine (Is /sarc really necessary?)
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To: jveritas
The truth will catch up to the socialist liar. The truth will triumph at the end.

It generally does, but it can be a bloody route from the lies to the truth. It generally isn't, but then again the media generally isn't virtually sleeping with the liar, sharing his goals and approving of his methods.

Time will tell.

16 posted on 03/18/2009 2:49:52 PM PDT by El Gato ("The Second Amendment is the RESET button of the United States Constitution." -- Doug McKay)
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