Obama's Air Traffic Controller moment?

[themaguffin]

He needs to be firm (yes he was harsh today) and provide not just a liberal response to uncontrolled greed, arrogance and overall assholish behavior by AIG (and others frankly) but the liberal view is the American view now and the country is hungry for action. AIG needs to get its act together.

Perhaps it means that the executives etc go and go quickly

Perhaps this would be a good time to also get rid of Geithner (or others if necessary) - I don't want to unfairly attack him - but Obama needs informed, competent people who are also NOT part of the crowd that brought us here.

In any case, the country is ready to explode and strong, swift, bold action of some capacity would not only send a message to these companies, but to the country, that his administration ain't messing around and this bullshit must end and we are on a path to get out of this mess as long as the companies get on board and that also they are in no position to fuck with Obama or the American people.

Reagan had his terribly flawed ideology and it followed with the Bushes.

They brought us here and some real tough love from a liberal is what will get us out.

Edited for clarification.

[FrenchieCat]

1. What is it that Geithner did again to merit being dismissed?

Do you know? Or are you just going along with the media cackle?

I'm tired of the fake ass populist shit.

Keep it up, and you will find yourself with any health care reform, no education reform,
and us still buying our oil from Saudi Arabia.

[themaguffin]

2. No my comment is made in general, whether it be

him or other financial leaders who happened to have been involved in this mess in some capacity.

I am saying if he or they are part of the problem, then that needs to change.

We should not be asking AIG and others - we should be telling them go get their shit together.

[FrenchieCat]

5. 54 fucking days for 10 years of deregulation

is pretty unreasonable.

Like I said, I'm tired of the fake ass populism schtick that folks are adopting
as they criticize, although they barely know shit, and fake like they know
about finances now....but had no clue like just 6 months ago!

[backscatter712]

22. 28 years of deregulation.

This whole mess was in the making since the Reagan years. Y'know, when Reagan had his air-traffic-controller moment.

[themaguffin]

25. Jesus, my point is about AIG

[rufus dog]

17. It is being reported that Tim only cut 1/2 of the bonus amounts to Execs

If that is true he messed up. He should have cut all bonus amounts to execs and done a thorough review of the remaining amount.

Now, I understand that this administration was handed a shit pile of problems, has a Justice Dept. that is a complete mess, and is working their collective asses off. But Geithner should step up and admit the mistake and move on. (not be fired but admit to a mistake)

By moving on they should slam the living shit out of AIG execs and make a HUGE example of them. A few repubs will jump sides and start slamming the administration for being too hard on AIG, but it will go over like a fart in church in this environment.

[Phx_Dem]

3. Why should he get rid of Geithner?

Just because the greedy whiners on Wall Street don't like him? Tough shit.

IMO, firing Geithner would send exactly the wrong message. And, I still don't understand why he should be fired.

[themaguffin]

4. see my second post. & btw, they like him, they helped PICK him

[msongs]

6. uh oh, the worshippers are gonna get you for that :-) nt

[FrenchieCat]

12. But the Obama haters will be right there to keep the balance.

[FrenchieCat]

19. Look quick! The OBama Haters are right behind you!

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Made you look! :rofl:

[FrenchieCat]

9. President Obama selected him,

and Geithner never worked or got rich on Wall Street.

They liked him only long enough to tear him down.
The same as they do with anyone they don't like from the get.

And by the way, I'm tired of watching the fucked up Corporate media
deciding when we are to have a populist movement.
What kind of manipulative shit is this for us to be falling for?

[Phx_Dem]

18. Wall Street didn't pick him or anyone else.

And Wall Street may have liked him the past, but they don't do anything but bitch about him now. Which means, he's probably doing a good job.

[Better Believe It]

7. Because he represents the banksters and Wall Street tycoons, not us.

[FrenchieCat]

10. What about President Obama?

What's your beef with him?

I know for a fact you dislike him with a passion....
but can I ask you why?

[Better Believe It]

27. Obama should follow the advice of credible economists such as

Nuriel Roubini, Paul Krugman and others who are not acting as agents for Wall Street crooks who caused the economic crisis.

If he follows the advice of the Treasury Secretary and Federal Reserve head Obama will be a one-term President.

Read what people who want Obama to do well and want to prevent a depression have to write and say!

[brentspeak]

29. Uh, those greedy whiners on Wall St. actually LOVE Geithner

He's the one pumping more bailout billions into their pockets.

[MercutioATC]

8. Well, Reagan is still vilified for his 1981 decision.

He set ATC back 10-12 years.

[themaguffin]

11. so we should do nothing about AIG?

[FrenchieCat]

13. Is nothing being done?

[MercutioATC]

16. I'm just advising that a phrase other than "Air Traffic Controller moment" might be wise.

...especially because, while the strike was admittedly illegal, ATCs didn't show the incompetence and malfeasance that the people you have sggested firing have.

[themaguffin]

26. I'm not comparing the people

I am saying that AIG needs to straighten up or suffer.

I am saying they should be told to do ____, not asked.

I think they should be given a choice and maybe 2 days decide. More money, then you WILL do this.

[louis-t]

14. He would have been vilified even more had there been a malor

air disaster attributed to firing ATCs. I remember there being a lot of near misses.

[rufus dog]

20. If I recall correctly

A Delta Jet went down in Dallas due to wind sheer. The pilot died and on tape asked twice (?) "are you sure" when told to land. Final blame was placed on the pilot and crew, they had the right to override ATC.

[louis-t]

30. I don't remember that. I meant to say 'major'

I'm usually so good at proof-reading.

[Top Cat]

15. I keep seeing post stating get rid of Geithner what is the reason for the outrage?

Geithner has been on the job less that the 50+ days, and I cannot believe people are not willing to give him a chance. The administration walked into the biggest pile of shit history and as I've posted before miracles do happen,and we did not elect our President because he was a miracle worker.

[themaguffin]

23. Geithner is NOT the purpose for this thread

AIG is.

[Life Long Dem]

21. How can we not want the crooks out? Isn't that a no brainer?

What's this liberal shit? This is America.

[catnhatnh]

24. You either mispoke REAL bad...

or don't belong here. Ronald Reagan destroyed a segment of the middle class and set the agenda to destroy the regulations that supported much of the middle class. You seem to oppose million dollar bonuses. That to me is a good thing. But to imply Obama either should act like or would be acting like Reagan by spiking these bonuses is total bullshit. Reagan FIRED middle class workers. If spiking ripping off the taxpayers for over 10 years worth of a high middle class salary GIVEN AS A BONUS on top of a normal salary in 6 OR 7 figures equates to the same thing for you, you are mistaken.

[themaguffin]

28. What Reagan did was horrible and this is the opportunity to do the opposite

I am not suggesting that Reagan did something good.

In fact I am saying the opposite.

What I am also saying that this could be the reverse opportunity - a chance to set Wall St and the like straight (and no I have no illusions that swift action will make everything ok everywhere).

So calm down.