Friday, November 21, 2008

B. Hussein Obama Taps Timothy Geithner for Treasury Secretary

Who is Timothy Geithner? I wondered the same. http://blogs.wsj.com/economics/2008/11/21/who-is-timothy-geithner/

Ok. Sure. So he was, "a key architect of the $30 billion bailout to prevent the bankruptcy of Bear Stearns Cos." Not a good thing if you ask me, but before foresight was 20/20, it wasn't really that horrible. Outside of that, he looks ok.

We'll see.

4 comments:

Anonymous said...

Maybe you should read about the bailout and why the company was going belly up, before you praise him too much. To give you a starting place, look at big tobacco and the $200 billion law suit settlement. If you think 40 cents on the dollar is a good deal, let me know. Whether or not you like MSN.com, I think they have a story that will shed some light on the subject. He bailed out a company the was butt-ass stupid in their management of billions.

Ariesgeek said...

I didn't praise him. What he did could be forgivable. The rest of his resume is pretty good.

Anonymous said...

Wasn't he a refugee from the Clinton era? Much like 30 other appointees, the only change is that instead of Clinton, it's Obama.
I want you to read an article. I have copied the link. Read it and remember that Missouri is on that list of states. Little wonder how Blunt has an $855 surplus budget.

http://redtape.msnbc.com/2008/11/ten-years-later.html

Anonymous said...

oooppsss. That was supposed to be an $855 million surplus.