Why has Obama neglected Treasury?
posted at 12:55 pm on March 11, 2009 by Ed Morrissey
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President Barack Obama’s handy excuse for all sorts of goofs and missteps is that he’s too busy working on fixing the economy. In order to do that, one might expect that Obama would concentrate on building his economic team at the Department of the Treasury, where most of those efforts would originate and get managed. Instead, as noted earlier today, phones go unanswered at Treasury — and our allies and trading partners have begun complaining about the lack of effort in the White House.
Reports have floated around that “dozens” of positions remain unfilled at Treasury, most recently in the New York Times’ profile of Treasury Secretary Tim Geithner:
Compounding the strain on the Treasury, almost all the top posts beneath Mr. Geithner are still vacant. Though he has hired about 50 senior advisers — about half the number he hopes to recruit — the White House has become so worried about potential tax problems and other issues in the backgrounds of candidates that it has nominated only a handful of people.
From that, we know that more than four dozen positions remain unfilled — positions that Geithner has to fill himself. But what about positions that the White House has to appoint? I researched that question this morning, and found the list of positions at Treasury that require White House appointment and Senate confirmation. It’s quite a list:
- Secretary
- Deputy Secretary
- Under Secretary — Domestic Finance
- Under Secretary — International Affairs
- Under Secretary — Terrorism and Financial Intelligence
- Assistant Secretary — Economic Policy
- Assistant Secretary — Financial Markets
- Assistant Secretary (Deputy Under Secretary) — International Affairs
- Assistant Secretary (Deputy Under Secretary) — Legislative Affairs
- Assistant Secretary — Management and Chief Financial Officer
- Assistant Secretary — Public Affairs/Director — Policy Planning
- Assistant Secretary — Tax Policy
- Chief Counsel — Internal Revenue Service/Assistant General Counsel for Tax
- Commissioner — Internal Revenue (five-year terms of office)
- General Counsel
- Inspector General
- Inspector General — Tax Administration
- Treasurer — United States
The White House has responsibility for appointing these 18 positions. Those appointments get handled by the Senate Finance Commitee, which after receiving the formal nominations, has to do background checks and other information gathering to prepare committee members for their hearings. It takes some time to get a nomination from the White House to a confirmation vote, but the clock doesn’t start — it can’t start — until Obama makes each nomination.
How many of these positions has Obama filled with a formal nomination? According to the White House website, this many:
- Secretary – Tim Geithner
That’s it. Just the one nomination, for what Barack Obama says is his greatest priority and gives as an excuse for his diplomatic incompetence. And these are just the political appointments that require Senate confirmation. It will take weeks to fill these positions even after the appointments get made, but Obama hasn’t even gotten to Step 1.
One of the basic tasks of any executive is staffing. In fact. it’s one of the chief complaints Republicans have with their new RNC chair, Michael Steele, who canned the staff and has yet to replace them. Obama has the responsibility to staff all of the positions in his administration, and especially where he keeps claiming his attention is placed. Instead of making it a priority,, Obama has left Treasury bereft of senior leadership. The failure to staff Treasury speaks volumes about his priorities – and his competence.
Update: I wanted to make sure that people understood that Obama hasn’t nominated anyone for these positions. The Finance Committee can’t process what they don’t get. I tightened up the language to make that clear.
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Egads, you’re right! How do we square that circle? We seem to be simultaneously demanding Obama fill the cabinet posts directly related to the cratering economy he says is his primary concern, and we criticize him when he nominates absurdly incompetent tax cheats! How could he possibly do both at once? It’s not as if the man is renowned for his ability to multitask, after all.
Doctor Zero on March 11, 2009 at 6:11 PM
PresidenToor on March 11, 2009 at 5:58 PM
I think what we’re saying is ‘appoint credible, honorable and qualified candidates quickly.’
Your statement assumes that quality candidates and speedy appoints are mutually exclusive. They’re not.
Onus on March 11, 2009 at 6:11 PM
Well, I doubt there are too many gop up for the job unless the accusation is true, he wants to destroy the economy.
They are professionals in that task.
getalife on March 11, 2009 at 6:22 PM
This is the part where you put your hand up, palm out, and instruct us to converse with it.
Jim Treacher on March 11, 2009 at 6:25 PM
Why does Obama allow Tim to further the Obama-depression?
This is all very, very worrisome, and no joke at all.
JiangxiDad on March 11, 2009 at 6:25 PM
Well, my crystal ball isn’t any more accurate than yours, or anyone else’s, so I’m always ready for a healthy dissection of my vision of the future. What part of it seemed especially implausible? Do we take it as a given that the public will endlessly reward the utter failure of socialism by demanding more socialism? If the 15 trillion dollar national debt doesn’t usher in Utopia, think they’ll want to double down and go for 30? When we’ve got health care that performs as well as the government-run postal and education systems, think everyone will be hungry for the government to nationalize the grocery stores next?
The deciding factor in the near term is the willingness of conservatives and Republican politicians to articulate both the practical and moral failure of collectivism, and propose the alternative. Granted that’s not an entirely safe bet, but I keep thinking back to how ornery the sleeping giant of the American middle class got, when gas shot up a buck a gallon. That giant was a couple of weeks away from rolling over and crushing the entire Democrat party, after all they got from the Left was stammering nonsense about the splendor of mosquito-haunted ANWAR, gobbledygook about magical alternative fuels, and assurances that we can all live happily without cars anyway – as long as members of the Party get to keep their limos and private jets.
Is it so unrealistic to extrapolate that anger to five or six dollar gasoline, vastly increased heating oil prices in a cold winter, double-digit unemployment, and government revenue vastly lower than what Obama’s rosy predictions suggest? After all, liberals have never correctly predicted the effect of high taxation on the economy – they’re always stunned when $100 billion tax increases don’t bring in $100 billion in revenue, or when Treasury revenue goes up after tax cuts. Couple that with a George Bush so far gone in the rear-view mirror that even the Obama True Believers are having a hard time blaming him for everything, and a Social Security insolvency crisis looming ever larger – plus maybe the first fruits of DVD Box Set Democracy – and I can’t help but think it won’t be too hard to convince people to Hope for Change.
Doctor Zero on March 11, 2009 at 6:25 PM
No teach.
This is when I say have a great evening.
Did you know I am invisable here?
getalife on March 11, 2009 at 6:26 PM
Inadvisable, certainly.
Jim Treacher on March 11, 2009 at 6:28 PM
Jim Treacher on March 11, 2009 at 6:05 PM
Doctor Zero on March 11, 2009 at 6:11 PM
Onus on March 11, 2009 at 6:11 PM
And you all seem to think that, since the Bush administration didn’t look into the tax history of its appointments, they were all A’OK.
The fact is, these peoples own accountants told them they didn’t need to pay the taxes. Only after the Obama White House, lawyers et. al., review the history did they tell them they felt these appointments needed to pay the taxes their accountants told them they didn’t owe. Everyone has money they owe the government, everyone. It’s not only hypocritical for conservatives to argue they should pay ever cent, but then to argue incompetence when conservatives themselves don’t know nearly half the tax law on the books it’s plain ridiculous.
It’s actually stupid for anyone to think that because a person is knowledgable of the economy they should be experts at tax law. And inversly it’s stupid to think that someone who is an expert at tax law should be in charge of the economy.
PresidenToor on March 11, 2009 at 6:31 PM
It’s probably been mentioned before but I get the idea Geithner doesn’t want to hire anybody because of his justifiable fear that he’ll be exposed by other treasury employees as the know-nothing he is. As long as he flys solo, he thinks no one will notice.
anniekc on March 11, 2009 at 6:31 PM
Also- I am BEGGING you people to stop engaging the trolls! I have given up trying to read your generally thoughtful posts because I’m sick of skimming over the troll trash!
anniekc on March 11, 2009 at 6:33 PM
If you’re sure she’s a troll, can you offer a theory as to why she’s still here?
JiangxiDad on March 11, 2009 at 6:38 PM
But it was bad when Joe the Plumber owed a grand or so that he didn’t know about. That was big news.
So why not go with a guy who sucks at both? Good call.
Jim Treacher on March 11, 2009 at 6:38 PM
There’s no telling what her deal is, but it, she, him, her is here almost 24/7. I can get up in the morning, check the news, look at the posts, and she/he has been hijacking threads for hours- come back mid-day and it’s been on every thread again. I can’t remember a time in my life when I had that “availability”. I like reading other people’s views but the pissing matches are getting ridiculous; Obviously, him/her’s goal, ahem….
anniekc on March 11, 2009 at 6:45 PM
[PresidenToor on March 11, 2009 at 6:31 PM]
HAHAHAHAHA! Yeah, right. BTW, what species of fly are you?
Dusty on March 11, 2009 at 6:46 PM
Sorry. Wasn’t clear in my question. I meant that the fact that she’s still here, in spite of many people finding her tactics trollish, shows to me that the power-that-be seem to think she serves a purpose. What, I don’t know.
JiangxiDad on March 11, 2009 at 6:48 PM
PresidenToor on March 11, 2009 at 6:31 PM
Um…Daschle knew about his “problem” back in June, and Geithner even before that. Oh, and it wasn’t Obama’s crack vetting team that made the discoveries.
I missed the post where one of us asserted that. But since you mention it, and since taxes are a major factor in our economy, I would say it’s stupid for anyone to think the two aren’t related.
Onus on March 11, 2009 at 6:53 PM
I have no doubt that some of the trolls see themselves as “keeper of the message”: Barry’s private little army of propagandists, and some people are just pathetically sad and probably consider us “their friends”. (Their sad, and living in their parents basement, kind of friends) I used to think that trolls employed by Axelrod was nothing more than an urban legend…but after some of the dippy stuff this administration has done, I wouldn’t put it past them.
anniekc on March 11, 2009 at 6:59 PM
Oh and one more thing… the IRS actually falls under the Department of the Treasury. So it would be stupid for someone to say that the head of Treasury doesn’t need to be an expert on tax law.
Onus on March 11, 2009 at 7:00 PM
One last rebuttal because I was accused of not engaging with the long winded doctor. I will use the comedian’s method of debate but answering the long winded paragraphs with short answers to keep it brief. The doctor did not like that suggestion but notice I did not use the word drivel to appease a whiner.
They refused to fully socialize anything so that argument is ridiculous.
Dwelling in la la land again. My goodmess doc, how high are you?
Sorry,I did have to use the word drivel.
getalife on March 11, 2009 at 7:03 PM
What easier way to redistribute wealth that to let (make) the stock market go down to (near) zero and then have the government buy up corporate assets?
dtestard on March 11, 2009 at 7:11 PM
Everyone see Obama run off to sign the $410 billion spending package today in hiding?
Whats the deficit going to be now? $2.2 trillion?
Chuck Schick on March 11, 2009 at 7:15 PM
So, you’ve got nothing to contribute. About as I expected.
I’m not long-winded, by the way. I just type faster than you can read.
Not to give too much of the game away, but we don’t write for them. For every person who posts here, there are a dozen lurkers quietly reading, and comparing these witless little two-sentence snark grenades with the responses. Every time the local commenters hand getalife its arse, it’s another quiet reader coming one step closer to seeing things our way – one more person who might realize that people who flood comment boards with meaningless spam are agents of a meaningless philosophy. Every long, slow pitch they toss across home plate is an opportunity to hit a grand slam. I hope Allah and Ed never ban them, and I hope they never change.
Doctor Zero on March 11, 2009 at 7:20 PM
Bravo! Very erudite.
NaCly dog on March 11, 2009 at 7:26 PM
Doctor Zero on March 11, 2009 at 7:20 PM
Again doc, nobody wants to read that much drivel.
Can you get to the point without all that delusional rhetoric?
Wait, you used the wanker term “arse”.
No wonder you use long winded drivel to say nothing.
The Queen’s English.
getalife on March 11, 2009 at 7:27 PM
To that I’d add that I’d like our friends to name an Obama nominee that the Republicans in Congress have blocked.
Y-not on March 11, 2009 at 7:31 PM
Hey doc,
Are you that wanker on CNN that got busted in the park with meth?
You sound just like him. He bores me to tears too.
getalife on March 11, 2009 at 7:45 PM
There is only one true answer to this question:
The guy (BHO) is not a stupid man. He is very well educated and has studied the socialist way. This is his dream and he wants to fulfill his vision of what is ‘right’ in his own mind. He has a willing press that let’s him off for his non answers to questions critical to fixing this situation.
Call me a sick twisted freak :D , but I truly believe this is his mission, and do believe that he make try to take over the government in order to make it a dictatorship.
Why else would he bother calling back a reporter that asked the socialism question when all this turmoil is out there?
lsutiger on March 11, 2009 at 7:49 PM
True doc. Good thinking.
JiangxiDad on March 11, 2009 at 8:06 PM
He will do it as soon as he gets back from his
vacationoverseas important foreign meetings.right2bright on March 11, 2009 at 8:09 PM
>
Alright who let Glen Beck sign up?
Listen all you evil Rethuglican hacks, Barak Obama and his little leprechaun Timothy O Geithner are just trying to get all those evil rich people to give up the Pot O Gold are hiding from the American people.
We need that money to pay for the Dear Leaders Programs. These people are so intimidated by Dear Leaders unmeasurable IQ, they figure they aren’t worthy of serving him! That is why the positions obviously remain, unfilled!
We must all learn not to question him and did you see Michelle sleeveless, WOW!, bet your wife/girlfriend don’t have sexy guns like that!
Africanus on March 11, 2009 at 8:12 PM
At least he’s found time for the Wednesday night Jam Fest.
uncalheels on March 11, 2009 at 8:18 PM
That’s because our women aren’t beating us senseless every night.
Maquis on March 11, 2009 at 8:32 PM
I can add and have always paid my taxes–nominate me, Barry!
redfoxbluestate on March 11, 2009 at 8:44 PM
But do you know the right kind of addition?
neuquenguy on March 11, 2009 at 8:50 PM
Hey wait a minute… I resemble that remark.
But I’m on YOUR side.
Since the election, about all I have the energy and temperament for are witless ONE sentence snark grenades.
After years of typing long dissertations about the virtues of Conservativism and Capitalism Vs. the evils of liberalism and marxism, I’m tired of trying to educate fools. Snark is all I can muster anymore.
But I’m very glad that folks like you are here to take up the torch of patience and rationality which I no longer carry.
LegendHasIt on March 11, 2009 at 9:05 PM
Anyone who pays taxes is unworthy of an Obama appointment. Tax cheats only need apply.
Obambi is living up to his name.
Mojave Mark on March 11, 2009 at 9:30 PM
Ed I believe this is deliberate by Obama as a means to destroy the Union as we know it and install a Muslim Caliphate under Sharia Law. Either that or your out of things to blame on Obama and just winging it. He’s obviously getting under your skin and the American people still support him despite your efforts to destroy him. But keep throwing things up against the wall, maybe something will stick, even if it makes you look weak and petty.
athensboy on March 11, 2009 at 9:32 PM
Ask getalife how Enron happened on Bush’s watch. She made that silly claim a couple of days ago, then when presented solid evidence that the fraud had started at the company in 1996, 5 years before Clinton left office, she simply refused to believe it.
Del Dolemonte on March 11, 2009 at 9:33 PM
Africanus on March 11, 2009 at 9:36 PM
Lemme fix that for you:
Leftists who just happen to live in America and the totally ignorant still support him.
LegendHasIt on March 11, 2009 at 9:42 PM
So, what’s the problem here? Obama has never had to manage a check book, much less anything else that had any RESPONSIBILITY attached to it.
What can you expect from an EEO appointed juvenile with a double digit I.Q?
Cybergeezer on March 11, 2009 at 9:44 PM
Where did you get the idea that Bush didn’t look into the tax history of the people he nominated? You’re just making shit up now. And you can’t possibly think the media didn’t go full tilt looking for ways to discredit the people Bush nominated, now can you? Because that would be be absurd.
The IMF told Geithner he needed to pay the taxes and gave him the money to do so. He didn’t pay them anyway. No way he didn’t understand that he didn’t owe the IRS the money. Who cares what his incompetent accountant said?
eyedoc on March 11, 2009 at 9:47 PM
Let me give you an illustration of what we conservatives are dealing with:
On CNN’s Situation Room today with Wolf Blitzer a young man aand an Obama supporter when asked to grade Obama’s first month in office he graded him an A.
However that’s not the story; what is the nub is why he gave the Messiah an A. He said:
“Obama has the ability to lead, to allow everybody to come to HIS (Obama’s) CONCLUSIONS.”
When I first heard this I thought he was talking about Adolf Hitler.
I agree with Rush. Obamatrons are unhinged and deranged. We must defeat them totally and vanquish them compeltely; It must be unconditional surrender or a Carthegenian peace.
technopeasant on March 11, 2009 at 9:48 PM
Fixed my post.
eyedoc on March 11, 2009 at 9:50 PM
The Treasury:
With charity toward some, with malice toward all.
Limerick on March 11, 2009 at 9:54 PM
getalife on March 11, 2009 at 7:03 PM
It seems you were unaware the so-called stimulus included a hefty down payment for socialized medicine, something that was covered here at HotAir here and here.
You seem to think bailing out AIG is a bad idea, but it’s a foreign policy decision. We’re keeping our own and the Asian economies (who own most of our debt) afloat. We’re at a halfway point where we will be come socialists or capitalists, and Obama and Geithner are leaning toward the former, according to this interview.
This Forbes article by Nouriel Roubini who runs an investment firm and teaches at NYU’s Stern Business School is recommended, though I know you hate all this reading.
The question is what kind of grass are you smoking that you’re so unaware of the current size our government, the actual stimulus bill and the vital stats of our economy.
chunderroad on March 11, 2009 at 9:55 PM
Scipio was one helluva thinker on that one. Too bad we lost the balls to follow in his footsteps.
Limerick on March 11, 2009 at 9:57 PM
Very well-phrased argument, and I’m inclined to agree with you.
chunderroad on March 11, 2009 at 9:58 PM
Carthago delenda est
INC on March 11, 2009 at 10:05 PM
Geithner’s accountant told him he couldn’t take sleep-away camps for his kids as a day-care deduction, but he did it anyway.
Alana on March 11, 2009 at 10:38 PM
We should have elected adults to potus/vpotus. We had the chance but instead we picked a bunch of socialist/marxist idiots.
I’m beginning to wonder if wonder boy timmy is just a placeholder. Do marxist dictatorships need a treasury department??
One other disjointed thing. I was in an officemax and someone was buying turbotax. I have to laugh every time I see that. We have a guy as secrtreas who is either a lying cheat or is too stupid to use turbotax….
bullseye on March 11, 2009 at 11:01 PM
Good question. The answer isn’t all that clear, but I think most of us already know.
Achilles on March 11, 2009 at 11:03 PM
I think that the Obama/dem recession is starting to get to you.
Johan Klaus on March 11, 2009 at 11:15 PM
I think that the Obama/dem recession is starting to get to you too.
Johan Klaus on March 11, 2009 at 11:16 PM
Ed,
I want to point out that Steele has known of his job for about 4 weeks?
President TelePrompter has known since Nov. 5th, the job was his… he is either very, very lazy and/or still in campaign mode, and/or completely inexperienced.
Ready To Lead From Day One?
Obama: All the perks, none of the work.
TN Mom on March 11, 2009 at 11:24 PM
Look. All Obama can do is read from a teleprompter. That’s his only tool. As the old saying goes, when your only tool is a hammer all your problems start to look like nails. He is working on solving the economic crisis. He’s working on it in the only way he knows how: by making speeches. Staffing the Treasury has nothing to do with how he solves problems. It’s that simple.
Fred 2 on March 11, 2009 at 11:48 PM
Memo to White House Staff:
FROM: President TelePrompter Obama
TO: All WH employees in Janitorial, Grounds Keeper,
Kitchen Staff
Until further notice, all above personel will report for duty in Office of Treasury to man the telephone lines. Thank you for your co-operation.
TN Mom on March 11, 2009 at 11:54 PM
“?Que?”
Limerick on March 12, 2009 at 12:01 AM
25 DVD’s for Barry Hussein to watch and help him staff his floundering government:
LIAR LIAR
SATYRICON
12 MONKEYS
BEING THERE
CHICKEN RUN
JAWS 3-D
MR. WRONG
BABY GENIUSES
LEONARD PART 6
NOTHING BUT TROUBLE
GLITTER
200 CIGARETTES
BLOOD SUCKING FREAKS
BONFIRE OF THE VANITIES
THE ADVENTURES OF PLUTO NASH
NORBIT
BIO-DOME
SOUL PLANE
THE HOTTIE AND THE NOTTIE
ATTACK OF THE MUSHROOM PEOPLE
DUMB AND DUMBER
ROBOT HOLOCAUST
THE CLOWN WHO CRIED
IT’S A MAD MAD MAD MAD WORLD
&
INCREDIBLY STRANGE CREATURES WHO STOPPED LIVING AND BECOME MIXED-UP ZOMBIES
Imagine that cabinet!
profitsbeard on March 12, 2009 at 12:01 AM
Bonus CD#26:
Frankenhooker
Limerick on March 12, 2009 at 12:02 AM
Speaking of which; do we know what the plans were for tonight? Kook and the Gang? Ohio Players? Sly and the Family Stone? The O’Jays?
Is it limbo dancing tonight? ’70’s disco? Cool Jerk?
What was on the menu? Double Truffle Hamburger? Chinese matsusake mushrooms? Chocopologie?
Let’s keep our eye on the ball! Priorities, people!
Fed45 on March 12, 2009 at 1:20 AM
Thanx! At least one person here believes the truth!
lsutiger on March 12, 2009 at 1:22 AM
wasteofalife still can’t manage to stay on topic.
Fed45 on March 12, 2009 at 1:31 AM
Why should the rest of the country pay for these few?
Turns out most of the foreclosures are centered in a few dense clusters.
Mr. Joe on March 12, 2009 at 1:49 AM
I am amazed that anyone could even pretend to defend Obama. Especially today when he had to sign that evil spending bill in a closet to hide everything from the American people.
What ever Obama says. Expect the opposite.
petunia on March 12, 2009 at 2:08 AM
WHATS UP WITH THAT COWBOY HAT, PE0PLE FROM THE LOWER SOUTH WARD IN CHICAGO DO NOT WEAR COWBOY HATS DO THEY?
AMERICAN VETERAN on March 12, 2009 at 3:22 AM
In a leadership position both are less important than the ability to chose, and supervise qualified subordinates. Owing back taxes is proof of the inability to do so.
Sowing the ground with salt after you killed everyone is counterproductive. Planting a colony is much more cost effective.
darktood on March 12, 2009 at 4:47 AM
Yeesh…Steve Doocy on Fox & Friends just did this post, without actually mentioning Hot Air. He held of the list of positions requiring Senate confirmation, then held up another sheet of paper with just the one filled position (Geithner) on it.
Think they’re cribbing material from Hot Air? Naw…couldn’t be!
flipflop on March 12, 2009 at 7:45 AM
Are you just making it up as you go along, or do you have records that indicate that Bush did not look into his appointments tax history. I might add that it was not the Barack people who found these tax problems, it was the media, and the blogosphere that found them.
Now I know you are making it up. Geithner’s own company informed him that he had to pay these taxes. That’s in the official record.
MarkTheGreat on March 12, 2009 at 8:28 AM
Pay my house off and I’ll tell you.
johnnyU on March 12, 2009 at 9:06 AM
sorry…thats just wrong
johnnyU on March 12, 2009 at 9:09 AM
Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some… Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.”
— John Maynard Keynes
(1883-1946) British economist
Source: “The Economic Consequences Of The Peace”
*
and who is the worlds most successful currency trader and expert? George Soros
marklmail on March 12, 2009 at 9:12 AM
http://www.reuters.com/article/rbssEnergyNews/idUSL312427120090312?feedType=RSS&feedName=rbssEnergyNews&rpc=22
Reality dose for Obama and the rest of us.
Americans corporations are leaving our soil in droves, heading to places where they can operate free of Obama’s taxation on corporations. Of coarse, the jobs go with them.
Nice work there ass wipe…
Keemo on March 12, 2009 at 9:27 AM
Are you all telling me that Obama’s ‘community organizer’ experience doesn’t count for executive experience. Picky-picky!
The problem is as president Obama doesn’t have anyone to complain too. — except its all Bush’s fault. Which is running pretty thin right now.
Dasher on March 12, 2009 at 9:55 AM
I say, “GOOD”! Crib away, FNC. Glad if we can help.
Rush uses Ed’s stuff often (and usually credits him too). If I were HA, I’d be proud of that.
petefrt on March 12, 2009 at 9:57 AM
Obama is a dangerous, ignorant man. He knows just enough about capitalism to sabotage it; and that’s all he wants to know.
marklmail on March 12, 2009 at 10:07 AM
Obama apparently plans to sell “toxic assets” to hedge funds, and that means George Soros. With thes assets now valued far below reasonable prices because of mark to market there exists a huge potential upside for profit.
Since Soros contributed countless millions to Obama it’s not hard to imagine the connection.
Obama has done absolutely NOTHING to fix either than bank problems or the real estate problems, which are the major factors in this credit crisis. It is not a stretch to think that Obama has allowed assets to dive in value in anticipation of Soros buying them up at severely distressed prices.
This really should make people think about who Obama is really serving.
drjohn on March 12, 2009 at 11:23 AM
He hasn’t ignored the agency, it only takes a staff of ONE to write checks.
workingforpigs on March 12, 2009 at 12:31 PM
Also it should be noted. Bush reached out and wanted to the transition to be as smooth as possible. I highly doubt Obama had the same recalcitrance or ornerism that Bush had to deal with during his transition. The Clinton’s abandoned the WhiteHouse, handed over the keys and said… Good Luck. At least Bush worked with Obama from day one after the election to make the transition smooth. Heck, Obama even set himself up with an official looking office and a .GOV page promising all sorts of goods.
What a doofus. This guy is winging it, and hard. All he wants to do is party it up, go play some b-ball, watch some TV, and be with his daughters. If he wanted to do all that (save the wanting to be with the daughters bit) he shouldn’t have ran for President.
Palin was lambasted for the semblance of being overloaded mother.
James on March 12, 2009 at 1:14 PM
Everyday is Mutha’s day for obama.
workingforpigs on March 12, 2009 at 1:57 PM
I sanyone home?
Hell no
Obamas and empty headed liberal layer without a damn clue
and geitner is probably forgotton to pay the phone bill..
Idiots..
jcila on March 12, 2009 at 4:25 PM
Search. . .
Cloward-Piven strategy of orchestrated crisis.
Crisis to implement communism.
thaDeetz on March 13, 2009 at 11:33 PM
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