Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Geithner: I won't serve second term (We're saved?)
The Hill ^ | 1/25/12 | Peter Schroeder

Posted on 01/25/2012 4:30:09 PM PST by Libloather

Geithner: I won't serve second term
By Peter Schroeder - 01/25/12 04:27 PM ET

Treasury Secretary Timothy Geithner does not anticipate serving a second term under President Obama.

Geithner said in an interview with Bloomberg Television that he is "pretty confident" the president would not ask him to stay on if he is reelected.

"I'm confident he'll be president. But I'm also confident he's going to have the privilege of having another secretary of the Treasury," he said, adding that he planned to do "something else."

Geithner mulled leaving the administration this summer once a deal to raise the federal debt limit was reached, but was persuaded to stay on by the president.

"I love my work. And I think, if a president asks you to serve, you have to do it," he told NBC News in August.

The former head of the Federal Reserve Bank of New York played an integral part in steering the nation through the financial crisis that hit shortly before President Obama took office, and has served as a vocal advocate for the president's economic policies.

A key piece of that effort has been the Dodd-Frank financial reform law. Geithner said Wednesday he was not losing sleep over complaints from Wall Street that the overhaul is onerous and restrictive.

"I would not worry too much about them," he told Bloomberg. "I would worry more abut the basic confidence of Americans that they're going to face more opportunities, more likely to find a job, keep a job, save for college, save for a dignified retirement."


TOPICS: Crime/Corruption; Extended News; Government; News/Current Events
KEYWORDS: bonds; collapse; debt; default; dollar; geithner; taxcheat; term
Oh happy day.
1 posted on 01/25/2012 4:30:16 PM PST by Libloather
[ Post Reply | Private Reply | View Replies]

To: Libloather

No need to worry Timmy. President Gingrich wasn’t going to appoint you anyway!


2 posted on 01/25/2012 4:32:43 PM PST by The Citizen Soldier (America needs Gingrich in 2012 about as much as England needed Churchill in 1940!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: All


Help End The Obama Era In 2012
Your Monthly and Quarterly Donations
Help Keep FR In the Battle!

Sponsoring FReepers are contributing
$10 Each time a New Monthly Donor signs up!
Get more bang for your FR buck!
Click Here To Sign Up Now!


3 posted on 01/25/2012 4:32:53 PM PST by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

I heard he is taking over Turbo-Tax Online. LOL


4 posted on 01/25/2012 4:33:42 PM PST by fish hawk (Tebow or Rodman, who would I like to introduce my grandson to? MMmmmmmm)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

Wonder if he’s run into any of “our” RED STAMPED bills?


5 posted on 01/25/2012 4:34:32 PM PST by G Larry (We need Bare Knuckles Newt to fight this battle.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

I do find it amusing that this comes right after Obama’s SOTU. You gotta appreciate the rats that sense when the ship is seriously listing...


6 posted on 01/25/2012 4:35:10 PM PST by The Citizen Soldier (America needs Gingrich in 2012 about as much as England needed Churchill in 1940!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: The Citizen Soldier

It’s time for Tim to make some serious cash.
He’ll head for Wall $treet and cash in his chips.


7 posted on 01/25/2012 4:37:27 PM PST by nascarnation (DEFEAT BARAQ 2012 DEPORT BARAQ 2013)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Libloather

I take that as Geitner’s endorsement for Obama.


8 posted on 01/25/2012 4:37:49 PM PST by lonestar (It takes a village of idiots to elect a village idiot.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

I don’t know who could possibly follow Turbo Tim’s act. Jon Corzine? Eliot Spitzer? Bernie Madoff?


9 posted on 01/25/2012 4:41:59 PM PST by Argus
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

Ron Paul for secretary of the Treasury Dept! Drop out now.


10 posted on 01/25/2012 4:42:30 PM PST by ConservativeInPA (Newt makes me want to become a better American. There are no bounds to greatness.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

“We’re saved?”

Not hardly.

At this point, no matter what anyone does or doesn’t do, there is much unpleasantness, to put it politely, lying ahead.


11 posted on 01/25/2012 4:47:16 PM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

Looks like Timmy paid his back taxes for nothing.


12 posted on 01/25/2012 4:51:54 PM PST by Iron Munro ("Don't pick a fight with an old man. If he is too old to fight he'll just kill you." John Steinbeck)
[ Post Reply | Private Reply | To 1 | View Replies]

To: The Citizen Soldier; dead
the ship is seriously listing...

Needs a half-submerged Hussein campaign sticker on the rear.


13 posted on 01/25/2012 4:51:54 PM PST by Libloather (The epitome of civility.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Libloather

“Treasury Secretary Timothy Geithner does not anticipate serving a second term ...”

I agree, I can’t even imagine Romney appointing him.


14 posted on 01/25/2012 4:52:07 PM PST by flyfire
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

We arent safe unless Obama goes with him.

Can you imagine the Holder clone that would be timmies replacement???


15 posted on 01/25/2012 4:56:35 PM PST by VanDeKoik
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather


16 posted on 01/25/2012 4:57:02 PM PST by Iron Munro ("Don't pick a fight with an old man. If he is too old to fight he'll just kill you." John Steinbeck)
[ Post Reply | Private Reply | To 13 | View Replies]

To: Libloather

He wants to have more time to figure out how to fill out his tax forms.


17 posted on 01/25/2012 5:10:38 PM PST by beethovenfan (If Islam is the solution, the "problem" must be freedom.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

Where’s he going?To be the CEO at TurboTax?


18 posted on 01/25/2012 5:12:33 PM PST by Harley (Will Rogers never met Harry Reid.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

His replacement will be just as bad. You can’t get a job like this unless you are a known crook who is willing to cover up all the thieving and law breaking of previous occupants.


19 posted on 01/25/2012 5:14:53 PM PST by Revel
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

Guess this means his pockets are full. Time for him to skip out to some Country without extradition.


20 posted on 01/25/2012 5:18:02 PM PST by liberalh8ter (I don't like what the world has become....)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

Not enough swag to steal from the T.S. Treasury, eh Timmy? Which of the evil banks will Timmy serve after his government service?


21 posted on 01/25/2012 5:25:12 PM PST by MasterGunner01 (11)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

Health issue?


22 posted on 01/25/2012 5:26:23 PM PST by surely_you_jest
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather
Geithner: I won't serve second term (We're saved?)

About as much as if someone stops after stabbing you through the heart just the one time.
23 posted on 01/25/2012 5:28:14 PM PST by aruanan
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

Great. MF Corzine will be available after 0bozo pardons him.


24 posted on 01/25/2012 5:30:51 PM PST by rfp1234 (RFP's Law: Whoever blames Bush first shall lose the argument.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

I can think of a few terms he should serve.
#1 is for tax evasion.


25 posted on 01/25/2012 5:31:52 PM PST by sasquatch
[ Post Reply | Private Reply | To 1 | View Replies]

To: Revel

Replacement assumes that his team will be there for a second term. I am praying daily that this is not going to happen.


26 posted on 01/25/2012 5:34:18 PM PST by I_be_tc
[ Post Reply | Private Reply | To 19 | View Replies]

To: Libloather

An empty gesture, if there ever was one.


27 posted on 01/25/2012 5:56:40 PM PST by depressed in 06 ( Where is the 1984 Apple Super Bowl ad when we need it?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

Fine. Better yet...leave now while the band’s still playing.


28 posted on 01/25/2012 6:03:25 PM PST by ButThreeLeftsDo (...And I'm All Out Of Gum.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

Geithner will be at Goldman in a blink of an eye pulling down $50-100 million. The deal was made long ago.


29 posted on 01/25/2012 6:05:59 PM PST by Cyman
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

He’s tired of paying taxes?


30 posted on 01/25/2012 7:29:10 PM PST by ninonitti
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

Of course he wont.

Newt says he’ll fire him on Day One.

Looks like he wants to pretend he’s leaving voluntarily


31 posted on 01/25/2012 10:05:00 PM PST by maine-iac7 (A prudent man foreseeth the evil,... but the simple pass on, and are punished. Prov 23:3 KJV)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson