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"In 15 minutes, you could be saving 15% or more on your national debt with Geithner (fired)..."
Posted on 08/07/2011 7:46:25 AM PDT by Dubya-M-DeesWent2SyriaStupid!
Sen. Jim DeMint (R-S.C.) responded to the nation's downgrade at the hands of Standard & Poor's by calling for the resignation of Treasury Secretary Timothy Geithner.
Saying "enough is enough," the Tea Party favorite pressured President Obama to remove his top economic official and adopt a new perspective.
"The President should demand that Secretary Geithner resign and immediately replace him with someone who will help Washington focus on balancing our budget and allowing the private sector to create jobs," he said in a statement. "For months he opposed all efforts to reduce the debt in return for a debt ceiling increase. His opposition to serious spending and debt reforms has been reckless and now the American people will pay the price."
(Excerpt) Read more at thehill.com ...
“DeMint warned us all and held the line no matter how unpopular. I wish he would run for President.”
I believe him to be far more powerful/influential/useful in the senate.
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"In 15 minutes, you could be saving 15% or more on your national debt with Geithner (fired)..."
Turbo tax Timmy must go? Turbo Tax Timmy, like Bambi had a very thin resume, but was given a pass by the liberal MSM because their boy wanted him on board. No republican president, given Turbo Tax Timmy’s tax dodge issues and lack of credentials, would have touched the guy. Knowing, full well, the liberal media would have gone ballistic in condemning the appointment.
Once a month I meet several people who are frequent traders in stocks, commodities, options, and other financial instruments. At the meeting yesterday there was a lot of discussion about the state of various markets, the distorting effects of government meddling, and speculation about whether (and when) normalcy would return to the marketplace.
My definition - The day that Big Ben (Bernanke) and Little Timmy (Geithner) are led out of their respective offices in shackles!
Agree...but don't hold your breath. If they give geitner the boot, it will be admitting they f'ed up by giving him the job in the first place, and that's not going to happen.
I would not vote for Ron Paul, but at least he’s had the guts to say the Social Security retirement age needs to be bumped up higher.
Bachmann, DeMint and Romney all want to blame Obama, Geithner etc. without offering an alternative like cutting spending on “entitlements.”
Getting rid of those people does not address the credit downgrade’s cause. SPENDING MUST BE CUT.....
Sarah Palin has Facebooked that the entitlements need to be dealt with in a “humane” way.
I see a lot of business as usual blame game politics from many people here with only a few voices stepping up to offer any kind of solution.
I think calling for someone’s resignation or blaming a person is OK, but the first thing out of a statesman’s mouth would have been something like “we need to cut spending, including spending on entitlements.”
Most of the candidates for president on the GOP side seem to not want to speak up about cutting entitlements.
Ron Paul (I wouldn’t vote for him) has said raise the retirement age for Social Security and Sarah Palin put out a Facebook posting recently calling for entitlement spending to be deal with in a “humane” way.
As sure as Tiger not winning another tournament this yr.
Good job of Whack-A-Hole on the first string. Now for the second string...
I know Demint’s demand will get a lot of Conservative applause, because as a Conservative what’s to like about Geithner? Very little.
But this move would be mere window dressing and, I believe, it would remove someone who is simply window dressing (in my view).
I think Geithner has been caught all along in the prospect of having to admit just how little of an influence he is on Obama’s economic and “budget” policies. His real job, his only real job, is to give the administration’s public face on things WHEN HE IS TOLD to, and otherwise to stay out of the public eye.
How do you admit you are in this vaulted position and you are irrelevant to the general policies being set, set by Obama’s political agenda and nothing else.
Do you come out and admit you really are “little” Timmy Geithner, an epitome of a lifetime of establishment connections that made you the epitome of the Peter Principal (rising to the highest state you are unqualified for)?
Removing Geithner should satisfy no one because he would be replaced by another stooge who would be told “either go out and sell the President’s political agenda or shut up - don’t think, your expertise is not needed, just do as you’re told”.
Mr. Demint, I hope Obama does not remove Geithner.
He would get the opportunity, again, to pretend he was making a meaningful change. He would get to sell the pretense to the media, who would advance Obama’s PR agenda that he was finally getting serious about our debt and deficits.
Mr. Demint, why should Obama have the pleasure of the pretense that Geithner makes economic and/or budget decisions for Obama. He doesn’t and never has. He has no power or influence to write any part of Obama’s Federal-power expansion plan financially out of Obama’s financial proposals.
That is the source of our debt and deficit Problmes, not the public face of little Timmy Geithner.
If DeMint agreed to run, I KNOW I could raise 50 million for him from my previous clients. I would also turn over my business to a good subordinate, and work for him full time for free!
Leave it to DeMint to go after the puppet and not its master.
The man is despicable.
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