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Geithner Leaving May Signal End of Obama Era - ABC News - PIN!!!1

 
Anonymous Coward
User ID: 1335157
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07/01/2011 05:07 PM
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Geithner Leaving May Signal End of Obama Era - ABC News - PIN!!!1
POLL: Obama has improved the ecomony since taking office.
 Yes
 No
 The economy does not matter to me.
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[link to abcnews.go.com]


The possible departure of Treasury Secretary Tim Geithner once an agreement is reached with Congress to raise the nation's $14.3 trillion debt ceiling would signal the end of an era: Geithner is the last member of President Obama's original economic team still with the administration.

Other prominent members such as National Economic Council director Larry Summers, Council of Economic Advisers chair Christina Romer and Office of Management and Budget director Peter Orszag have left the White House long before this summer. Even Austan Goolsbee, who succeeded Romer as CEA boss, has announced that he will be heading back to the University of Chicago this fall to resume his teaching job there.

While sources told ABC News' Jake Tapper that Geithner is contemplating leaving his post after the deficit negotiations have been completed, they cautioned that it's too early and there are far too many caveats to say that will definitely happen.

If Geithner does depart, it would mark the final step in the changing of the administration's economic guard. Whenever he decides to leave, the fact that Geithner has lasted longer than any other members of the original team is no small feat, especially considering the dire economic situation he inherited in early 2009 and the backlash he faced shortly thereafter.
Anonymous Coward
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07/01/2011 05:10 PM
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Re: Geithner Leaving May Signal End of Obama Era - ABC News - PIN!!!1
Inflation is running at least 10% so even if nominal GDP were growing at the 'normal' 3% we'd have a contraction of about 7% year over year in real terms. We have over 20% unemployment. Obama is presiding over the transition from recession to depression and everyone knows economy is usually foremost for American voters. He doesn't stand a chance...
Anonymous Coward
User ID: 1152779
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07/01/2011 05:11 PM
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Re: Geithner Leaving May Signal End of Obama Era - ABC News - PIN!!!1
Wow, 100% "NO" so far.


so much for hope and change.
Resister

User ID: 1451127
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07/01/2011 05:13 PM
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Re: Geithner Leaving May Signal End of Obama Era - ABC News - PIN!!!1
No.


... and excellent signature OP.
"God forbid we should ever be 20 years without such a rebellion. The people cannot be all, & always, well informed... If they remain quiet under such misconceptions it is a lethargy, the forerunner of death to the public liberty... Let them take arms... What signify a few lives lost in a century or two? The tree of liberty must be refreshed from time to time with the blood of patriots & tyrants. " - Thomas Jefferson in 1787
[link to line-in-the-sand.spam]
Anonymous Coward (OP)
User ID: 1335157
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07/01/2011 05:14 PM
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Re: Geithner Leaving May Signal End of Obama Era - ABC News - PIN!!!1
Wow, 100% "NO" so far.


so much for hope and change.
 Quoting: Anonymous Coward 1152779


haha indeed. but thats what exactly what we needed last election.

what will we "want" this one?
Anonymous Coward
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07/01/2011 05:15 PM
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Re: Geithner Leaving May Signal End of Obama Era - ABC News - PIN!!!1
One person said he improved it - I guess that would be the tax-exempt Media Matter's shill paid for by George Soros.
Anonymous Coward (OP)
User ID: 1335157
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07/01/2011 05:15 PM
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Re: Geithner Leaving May Signal End of Obama Era - ABC News - PIN!!!1
No.


... and excellent signature OP.
 Quoting: Resister


thanks.. thomas jefferson has many, many awesome quotes.
Anonymous Coward (OP)
User ID: 1335157
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07/01/2011 05:21 PM
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Re: Geithner Leaving May Signal End of Obama Era - ABC News - PIN!!!1
bump
iknownothingseriously​

User ID: 1413822
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07/01/2011 05:22 PM
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Re: Geithner Leaving May Signal End of Obama Era - ABC News - PIN!!!1
unless you're the cia and banging on trin's door, no pin for you. awhoreawhoreawhoreawhoreawhore
I tried being normal. I didn't like it~
Anonymous Coward
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07/01/2011 05:27 PM
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Re: Geithner Leaving May Signal End of Obama Era - ABC News - PIN!!!1
As I recall Turbo Tax Timmy was sooooooo important that "we" needed to overlook his past.

Hmmmmmm


Looks like Timmy was worthless after all.

Just saying.
Anonymous Coward (OP)
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07/01/2011 05:36 PM
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Re: Geithner Leaving May Signal End of Obama Era - ABC News - PIN!!!1
unless you're the cia and banging on trin's door, no pin for you. awhoreawhoreawhoreawhoreawhore
 Quoting: iknownothingseriously


true , however news does not stop.

News