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Obama sees Geithner, Summers staying on (Obama calls Geithner and Summers "terrific advisers")

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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 08:22 PM
Original message
Obama sees Geithner, Summers staying on (Obama calls Geithner and Summers "terrific advisers")
Edited on Mon Jan-25-10 08:22 PM by Cali_Democrat
http://www.reuters.com/article/idUSN2520716520100126


WASHINGTON, Jan 25 (Reuters) - President Barack Obama on Monday said he expects Treasury Secretary Timothy Geithner and White House economic adviser Larry Summers to stay in their jobs, and called them "terrific advisers."

"You know, we haven't had the conversation because my presumption is that they are staying. There's a lot of 'hue and cry' in Washington because this is what happens," Obama said in an interview with ABC News.

Some liberal supporters of Obama have criticized Geithner and Summers as being too cozy with Wall Street.

And it raised some eyebrows when former Federal Reserve Chairman Paul Volcker was the one standing at the president's side when he announced new bank rules.

Read more at link....

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Kitsune Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 08:25 PM
Response to Original message
1. Well. I guess we know who's side he's on. *nt*
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 08:27 PM
Response to Original message
2. Well, now people know.
So much for that.

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LWolf Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 08:29 PM
Response to Original message
3. Of course he does. nt
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frylock Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 08:29 PM
Response to Original message
4. heckuva job
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izquierdista Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 08:33 PM
Response to Original message
5. Heck of a job, Timmy, Larry
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calico1 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 08:37 PM
Response to Original message
6. Hey I hear GWB is free. Maybe he can give him a job!
Or how about Cheney?

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Dinger Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:18 PM
Response to Reply #6
12. Yeah, Bipartisanship You Know (nt)
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w4rma Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 08:41 PM
Response to Original message
7. Obama isn't going to be FDR, he's working on emulating Hoover! Argh! (nt)
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Bluenorthwest Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 08:51 PM
Response to Original message
8. People I have heard him praise include:
Chuck Grassely, Rick Warren, Tom Coburn, Bill Frist, Donnie McClurkin, Ronald Reagan, John McCain, Olympia Snowe, Joe Leiberman....
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Skittles Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 08:57 PM
Response to Original message
9. LOL
this dog and pony show just gets better and better, doesn't it? :rofl:
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Bullet1987 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:14 PM
Response to Original message
10. We all want them canned...but realistically
we're probably stuck with them the entire first term. If Obama gets re-elected, then he'll probably replace them. Policy-wise it's smart to do it now, politically...it may not be the best moment.
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Sebastian Doyle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:29 PM
Response to Reply #10
13. Well, considering a serious improvement in the REAL economy is needed for his re-election
Then I would say that politically AND policy wise, it's time to dump the three stooges of Wall Street criminal banking.

And replace them with people who actually GET the fact that Gold Mansacks criminals with billion dollar bonuses is NOT an economic recovery.
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autorank Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:17 PM
Response to Original message
11. No accounting for taste n/t
Edited on Mon Jan-25-10 09:21 PM by autorank
Ship of State or Ship of Fools?

The Money Party at work. We keep
doing the same things over and over
and expect different results.
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neverforget Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 10:00 PM
Response to Original message
14. "terrific advisors"? for the wealthy sure. for the rest of us, not so much.
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bvar22 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 10:55 PM
Response to Original message
15. It just keeps getting worse.
Is there anyone who still believes that Obama has the interests of the Working Class in his heart?
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Irish_shark Donating Member (133 posts) Send PM | Profile | Ignore Mon Jan-25-10 11:00 PM
Response to Original message
16. No politician would say, "Yes. I am planning to fire X official"
Edited on Mon Jan-25-10 11:01 PM by Irish_shark
Has any President ever answered yes to the question of whether he plans to replace someone? It would be insensitive and counterproductive. I believe Geithner is going to be pushed out.
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Hell Hath No Fury Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 11:34 AM
Response to Original message
17. Well, there you go.
"Terrific advisors".

Jesus fucking christ. :puke:
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Autumn Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 12:19 PM
Response to Original message
18. Well he sure is loyal
wish he would spread some of that loyalty around.
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