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Geithner to stay on as Treasury chief
Reuters ^ | 8/7/11

Posted on 08/07/2011 12:08:36 PM PDT by truthandlife

Treasury Secretary Timothy Geithner has told President Barack Obama that he intends to stay on the job, Treasury said in a statement on Sunday afternoon.

"Secretary Geithner has let the president know that he plans to stay on in his position at Treasury," Assistant Treasury Secretary Jenni LeCompte said. "He looks forward to the important work ahead on the challenges facing our great country."

Geithner had indicated he might leave after a debt-limit increase was approved, but administration officials indicated that both Obama and the White House chief of staff had urged Geithner not to leave now.

(Excerpt) Read more at reuters.com ...


TOPICS: Breaking News; Business/Economy
KEYWORDS: geithner; incompetent; obama; obamadowngrade; treasury
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1 posted on 08/07/2011 12:08:37 PM PDT by truthandlife
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To: truthandlife

I give up. Does Timmy have the goods on Obama or does Obama have the goods on Timmy?


2 posted on 08/07/2011 12:09:55 PM PDT by sinanju
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To: truthandlife

More bad news for the economy. First the downgrade and now this.


3 posted on 08/07/2011 12:10:26 PM PDT by FlingWingFlyer (Americans need to wean their government off of its dependence on foreign money.)
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To: truthandlife

Typical liberal...no shame or embarrassment over being a complete failure.


4 posted on 08/07/2011 12:11:29 PM PDT by clintonh8r (Happy to be represented by Lt. Col. Allen West (this tagline under review))
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To: truthandlife

I think this is Timmy’s way of saying that the job market really sucks and if you are currently employed, you better hold on to the job.


5 posted on 08/07/2011 12:12:58 PM PDT by FlingWingFlyer (Americans need to wean their government off of its dependence on foreign money.)
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To: truthandlife

Why leave now, America is not completely ruined yet? Still work to do.


6 posted on 08/07/2011 12:13:14 PM PDT by Gadsden1st
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To: truthandlife
"Of course he is, S&P are just racist!"

-Congressional Black Caucus-

7 posted on 08/07/2011 12:13:23 PM PDT by TexasCajun
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To: truthandlife

He needs to stay on. We need the full WTF team in place to keep digging us out of the depression!

(For the poor humor-impaired FReeper who is about to flame me about holes and digging, here’s the </SARC> tag!!)


8 posted on 08/07/2011 12:13:25 PM PDT by Bryanw92 (The solution to fix Congress: Nuke em from orbit. It's the only way to be sure!)
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To: truthandlife

Obama has no use for independent thinkers working for him. He wants yes men and lackeys. So Timmy stays.


9 posted on 08/07/2011 12:15:22 PM PDT by Signalman
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To: truthandlife

10 posted on 08/07/2011 12:15:56 PM PDT by LostInBayport (When there are more people riding in the cart than there are pulling it, the cart stops moving...)
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To: truthandlife

The Asian Markets open in just FOUR HOURS from now.

I’m sure this news will inspire good feelings and confidence among investors overseas.

ELECT! EJECT! EJECT!! Watch out below!!!!!


11 posted on 08/07/2011 12:18:03 PM PDT by tcrlaf (PREFRONTAL LOBOTOMISTS FOR OBAMA2012!)
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To: truthandlife
Can't find anyone who wants to come in...Timmy will be Obama’s pinata
12 posted on 08/07/2011 12:19:12 PM PDT by Sacajaweau
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To: truthandlife
That will help America build confidence /sarc

An American Expat in Southeast Asia

13 posted on 08/07/2011 12:21:06 PM PDT by expatguy (The Expat Needs Beer Money - Cough Up!)
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To: sinanju

Hey...it’s all in the family [CIA Family that is]...zero’s mom [along with his grandparents...grandfather was BHO SR.’S handler] and timmy’s dad worked together at the Ford Foundation...a front for the grey and black ops of the CIA...


14 posted on 08/07/2011 12:21:06 PM PDT by shield (Rev 2:9 Woe unto those who say they are Judahites and are not, but are of the syna GOG ue of Satan.)
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To: truthandlife

Of course Timmy is staying..the job isn’t completed yet..there is still work to be done..they won’t be satisfied til our Credit Rating is at A- if that is even possible


15 posted on 08/07/2011 12:25:22 PM PDT by Sarah Barracuda
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To: truthandlife

Federal gigs are plum. That being said, I had no idea that the employee tells the employer the terms of their employment?


16 posted on 08/07/2011 12:27:02 PM PDT by blackdog (The mystery of government is not how Washington works but how to make it stop)
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To: shield
I believe that you are correct. They are TRYING to ruin the United States. That was the plan all along. They believe that was their destiny. They are fulfilling the hopes and dreams of their parents and grandparents. Of course, Timmy is going to stay...they are doing EXACTLY what they intended to do....and it is going smashingly well.
17 posted on 08/07/2011 12:27:04 PM PDT by madinmadtown (Marx, the patron saint of blame, envy and destruction.)
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To: truthandlife

Why should Geithner quit or be fired now? He hasn’t finished the job Obama wants him to do yet. Make no mistake about it. It’s been the plan all along to bankrupt America. That’s Obama’s goal and it is Geithner’s too. This is the “change” and “rearrangement” Obama ran on. The dolts who voted for him had no clue how bad it’s going to get for them or us.


18 posted on 08/07/2011 12:29:10 PM PDT by abcc2011 (Christian and conservative.)
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To: tcrlaf

Obama should fire his entire cabinet, and bring in accomplished craftsmen with proven track records that go further than community organizing and academia.


19 posted on 08/07/2011 12:31:11 PM PDT by blackdog (The mystery of government is not how Washington works but how to make it stop)
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To: shield
Hey...it’s all in the family [CIA Family that is]...zero’s mom [along with his grandparents...grandfather was BHO SR.’S handler] and timmy’s dad worked together at the Ford Foundation...a front for the grey and black ops of the CIA...

It may have been the KGB wing of the company.

20 posted on 08/07/2011 12:40:53 PM PDT by Uri’el-2012 (Psalm 119:174 I long for Your salvation, YHvH, Your law is my delight.)
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