Tag Archive for Tim Geithner

Teasury Secretary Geithner getting economic advice from comedian Jon Stewart?

November 4, 2010 Business and Economy, Media No comments


(Bloomberg) In the midst of debates on financial regulation and China’s currency in April, Treasury Secretary Timothy F. Geithner sat down to discuss the U.S. economy — with comedian Jon Stewart.

Geithner and Stewart, host of Comedy Central’s “The Daily Show,” held an off-the-record meeting at Stewart’s office in New York on April 2, according to Geithner’s appointments calendar, updated through August on Treasury’s website.

“Jon Stewart is influential in America, so we took the opportunity for the two to meet and to discuss the economy,” Treasury spokesman Steve Adamske said in an e-mail yesterday.

And we wonder why we still have almost 10% unemployment and record deficits and inflation?

This is the most unqualified and incompetent administration we’ve ever had.

Arctic Sea ice approaches normal level; U.S. Navy captures pirate mothership; Tim Geithner reverses PR strategy

April 1, 2010 Business and Economy, Government, Military, Podcast, Policy, World 2 comments

Arctic Sea ice is approaching normal levels for first time since 2001, proving that climate change is indeed cyclical with little or no contribution from man. Al Gore will probably go MIA again.

U.S. Navy sinks pirate vessel, seizes mothership and captures 5 pirates. We need to elevate the priority of combating the threat our commercial interests face from piracy. We must send a message that piracy will not be tolerated by taking the fight to the pirates just as Pompey did in Rome.

Tim Geithner is one of the worst prognosticators in the country. However, It seems as though he is changing his approach. He now believes that unemployment will remain “unacceptably high for a long time.” I guess he’s hoping for his serially inaccurate predictions will continue.

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Moody’s says U.S. “substantially” closer to losing AAA credit rating; The Report from Washington with Ellis Wshington

March 15, 2010 Business and Economy, Culture, Government, Interviews, Podcast No comments

The United States is in no danger of losing its AAA credit rating, Timothy Geithner? Really? Well then why has Moody’s come out and said that we’re “substantially” closer to losing it? Watch Geithner pull an Al Gore by going AWOL. Timothy Geithner should be immediately removed as Treasury Security for incompetence.

Rudeness and inconsiderateness are pervasive in America. Why can’t people say thank you for holding the door open? Why don’t people look back when they’re opening a door to see if anyone is behind them? Why don’t people acknowledge the kind gesture of letting them into traffic?

Ellis Washington discusses his latest column Liz Cheney and ‘the DOJ 19.’

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Obama didn’t deserve a first term much less a second term; NY Times blames Republicans, not Obama for deficit crisis; Foreign demand for U.S. debt has record decline

February 17, 2010 Business and Economy, Elections, Government, Podcast, World No comments

Majority of Americans say President Obama doesn’t deserve a second term, but the reality is that he wasn’t qualified for a first term.

New York Times blames Republicans and their partisanship for looming debt crisis, but assigns no blame to President Obama. Yes, President Bush and Republicans are partly to blame for the debt but so is President Obama: $800 bn. stimulus ring a bell? How about $1.6 bn. budget deficit? I’d say those contributed to the debt crisis.

Foreign demand for U.S. Treasuries declines at record pace. Timothy Geithner was wrong: Foreign countries won’t always flock to U.S. Securities in times of global economic troubles. But less foreign ownership of our debt is not entirely bad; it’s good for U.S. sovereignty.

Saudis to release former GITMO detainee who went through “jihadi rehab.” What are the odds he returns to waging jihad against the infidels?

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Iran is officially a nuclear state; Number of illegals decreases in U.S.; Niall Ferguson rebuffs Tim Geithner

February 11, 2010 Business and Economy, Government, Podcast, Policy, World No comments

From today’s podcast:

And the award for least shocking story of this early year goes to? Iran is a nuclear state! How about some more sanctions, because they’re working marvelously.

The number of illegal aliens in the U.S. has decreased from 11.6 to 10.8 million in 2009. See? I told you there was a bright side to this economic downturn.

Harvard economist Niall Ferguson rebuffs Treasury Secretary Timothy Geithner’s claim that the U.S. debt is a “safe haven” for the rest of the world’s economies.

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Geithner dismisses danger of lower U.S. credit rating; Obama’s terrorism czar can’t take criticism; and Ellis Washington on the state of conservatism in the black community

February 8, 2010 Culture, Government, Podcast, Policy, War, World No comments

Today’s podcast links:

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Chairman Obama and Geithner extend TARP’s life

December 9, 2009 Business and Economy, Government, Policy One comment

Here’s the story.

U.S Treasury Secretary Timothy Geithner said the Obama administration would extend the $700 billion financial-sector bailout by 10 months but would limit the funds to just a few areas, such as housing and small business.

In letters to lawmakers, Mr. Geithner said he would extend the Troubled Asset Relief Program through October 3, 2010. “While we are extending the $700 billion program, we do not expect to deploy more than $550 billion,” Mr. Geithner wrote.

I told you that once TARP was passed it would be extended and then extended some more. In other words, it’s not going away. We’re never going back to how it was before TARP passed.

Mark it down, TARP will be extended well beyond October 2010.

Unemployment Hits 10% for First Since Early 80s

November 6, 2009 Business and Economy No comments

The unemployment rate sits at 10.2%, the highest it has been since 1983.

What happened to saving and creating jobs with your wasteful stimulus package, Chairman Obama? Remember that? It was supposed to save the economy, just like Bush and Paulson’s TARP debacle.

Get ready folks. We are headed for a prolonged period of high unemployment, little or no economic growth, and potentially hyper-inflation. Bush/Paulson and Obama/Geithner have set our economy back at east 30 years.