Geithner: From Indispensable to Indecipherable

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I ask all these people who are complaining and throwing their voices around against the Obama team, can they do better or why don't they do the solution to the economical problem. The Obama team has just been in the government for what, 2-3 weeks? I know they do not know all the solutions to the problems but at least they are trying and trying as fast as they can. So to all the people who think they are smarter and know more than the government, where were you when this problem started during the Bush era.

VBY of CA 12:43PM February 11, 2009

I ask all these people who are complaining and throwing their voices around against the Obama team, can they do better or why don't they do the solution to the economical problem. The Obama team has just been in the government for what, 2-3 weeks? I know they do not know all the solutions to the problems but at least they are trying and trying as fast as they can. So to all the people who think they are smarter and know more than the government, where were you when this problem started during the Bush era.

VBY of CA 12:43PM February 11, 2009

Both Barack Obama and Mr. Geithner have begun to engage in a sick strategy of damaging the economy in order to sell the stimulus. In the troubled business market, confidence, security and clarity are vital to the recovery. The Obama administration has abandoned any attempt at projecting these qualities either by word or deed. Even today, Mr. Geithner opted to only admit that they will not tell us anything about the future plans, send the stock market down another 200 points. The "plan" is all to obvious, continue to drive people into the belief that government is the only answer, instead of the instigator of further instability and market fear.
In this perverted view, both Obama and Geithner are committed to destroying the economy in order to save it.

BSKB of CA 9:03PM February 10, 2009

This is the genius who unique in all America understood the crisis and how to fix it, and who must be confirmed even though he didn't pay his taxes?
Sheesh. I'm starting to believe Geithner's lame story about how he couldn't figure out Turbo Tax. I can believe he was too dumb to understand that when he agreed to take a check for his taxes he was supposed to give that check to the IRS. He certainly doesn't have a clue about how to fix the economy.
The solution to the financial crisis is simple... let the market run its course without further government interference, and give people more of their own money to spend by implementing an immediate tax cut. Having government throw money at the problem is inefficient.

John of WA 7:31PM February 10, 2009

Any surprise that these guys appear to be clueless. What in Obama's history prepares him for running the U.S. government (the largest organization in the world)during perhapss its greatest challenge? Community organizing? Illinois legislature?
I get the feeling he is in way, way over his head.

Lee of OH 7:25PM February 10, 2009

There is a huge difference between governing and being in the minority. Which explains why Obama is fumbling around on the "stimulus", the stock market is collapsing, and Congressional Democrats are suddenly talking about kangaroo courts for Bush administration officials to keep their bloodthirsty base satisfied.

Mwalimu Daudi of PA 6:56PM February 10, 2009

I have never heard the pro arguments for mark-to-market. Who want's to keep this rule and why (expecially now)? They must be pretty powerful since this simple, "cost free" change is not implimented. Can anyone enlighten us on what is keeping this rule around?

hu of OH 6:33PM February 10, 2009

Why does it seem like all of the 0bama administration and the Dems want America to fail? They are pulling for the economy to get worse and the deficit to lead to inflation, etc. Why?

FeFe of MD 6:05PM February 10, 2009

Didn't we approve this guy in spite of his tax fraud because he's the only person on the planet that can save us?
I'm thinking maybe we got fipped off.w

walterc of WY 5:14PM February 10, 2009

Just like in last September's Bush-Pelosi TARP bank bailout and now with the stimulus, TARP II needs to be designed better and needs to make sense. They should not have had Geithner's press conference until they had the plan completed and were able to explain it. The economy and especially the financial system is in a fragile state and action will be needed to stabilize it, but that action must be thoroughly thought out. And of coarse, it does not help when Obama goes on TV and chooses words that lower confidence further. Yes we need action, perhaps even "bold" action, but we need to think it through as it is costly. We also need our leaders to inspire confidence. Reagan & FDR had different situations and different approaches, but both worked hard to keep our country's spirits up in hard times.

Joe C of VA 5:07PM February 10, 2009