Heckuva Job, Geithie
March 17th, 2009at 10:25pm Posted by Eli
Watch this be the first time that a vote of confidence isn’t the kiss of death…
If there was any doubt the White House is feeling the heat over Treasury Secretary Timothy Geithner’s role in the AIG bonuses, Press Secretary Robert Gibbs gave a big clue Tuesday.
“The president has complete confidence” in Geithner, Gibbs told reporters.
In Washington terms, “complete” and “confidence” are the two words no public official ever wants to hear, often a harbinger of trouble. And with public and congressional fury growing over the $165 million in bonuses, Geithner’s role in the situation is getting close scrutiny.
If a magical politics genie granted me the power to replace one member of Obama’s cabinet, I would choose Geithner in a heartbeat. Not only does he appear to be the least competent and most pro-corporate of the bunch, but he’s incompetent and pro-corporate in the area where we can least afford it. We must have someone exceptional in Treasury to navigate the economy out of this mess, but instead of Magellan we’ve got the Exxon Valdez guy.
