Drumbeat to Boot Geithner Gets Louder, on Eve of Hearings on Disastrous Economic Crash
source: http://www.alternet.org/workplace/145070/drumbeat_to_boot_geithner_gets_louder%2C_on_eve_of_...
When a pitcher gets tired, starts throwing walks or being hit, most attentive managers take him out of the game. When policies break down, as in the case of the security system that failed to spot the alleged Christmas bomber, the president starts talking tough about the buck stopping here and orders to straighten out a failed system.
But when tens of thousands of workers, once again, lose their jobs, the people responsible get winked at, not wanked. The president is contrite, his rhetoric subdued, even as the recovery he keeps talking about goes south.
Yes, there needs to be a cabinet shake-up. It’s time to yank Treasury Secretary Timothy Geithner from the game, along with economic adviser Larry Summers. Their pro-bank, pro-Wall Street policies are failing. Isn’t it obvious? According to an AP investigation, their road construction projects have had no impact on the jobs crisis.
The establishment will lean toward a Republican to replace him like FDIC Chairman Sheila Bair, who has proven to be far more competent and outspoken than her counterparts.
Geithner acts like a stalking horse for the people responsible for the meltdown. It’s time to say sayonara, and appoint someone who has the people's interests at heart. There is no shortage of capable and committed Democratic economists who can replace him. How about Elizabeth Warren or Joe Stiglitz or Brooksley Born or Simon Johnson or even, for op-ed’s sake, Paul Krugman?
Even Wall Streeters know Geithner is a dead man walking.
(Opinion) If white collar crime was treated like blue collar crime, he'd truly be on Death Row. As I said in my last post on Geithner, he needs to be arrested.
But when tens of thousands of workers, once again, lose their jobs, the people responsible get winked at, not wanked. The president is contrite, his rhetoric subdued, even as the recovery he keeps talking about goes south.
Yes, there needs to be a cabinet shake-up. It’s time to yank Treasury Secretary Timothy Geithner from the game, along with economic adviser Larry Summers. Their pro-bank, pro-Wall Street policies are failing. Isn’t it obvious? According to an AP investigation, their road construction projects have had no impact on the jobs crisis.
The establishment will lean toward a Republican to replace him like FDIC Chairman Sheila Bair, who has proven to be far more competent and outspoken than her counterparts.
Geithner acts like a stalking horse for the people responsible for the meltdown. It’s time to say sayonara, and appoint someone who has the people's interests at heart. There is no shortage of capable and committed Democratic economists who can replace him. How about Elizabeth Warren or Joe Stiglitz or Brooksley Born or Simon Johnson or even, for op-ed’s sake, Paul Krugman?
Even Wall Streeters know Geithner is a dead man walking.
(Opinion) If white collar crime was treated like blue collar crime, he'd truly be on Death Row. As I said in my last post on Geithner, he needs to be arrested.
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