2 comments November 20th, 2009at 07:23pm Posted by Eli
I forgot to hit this yesterday, to my eternal shame:
Rep. Kevin Brady (R-Tex.) just gave a severe tongue-lashing to Treasury Secretary Tim Geithner moments ago in the Joint Economic committee, concluding with a surprising call for Geithner to resign. For a change, Geithner didn’t just sit there and take it.
“Will you step down from your post?” Brady asked, concluding his statement.
Geithner shot back: “It is a great privilege for me to serve this president. I agree with almost nothing you said, almost nothing you said represents a fair and accurate picture of the economy today.” He told Brady, “You gave this president an economy falling off a cliff.”
Geithner then directed his criticism back to the Bush administration, accusing it of “either years of basic neglect of basic public goods in health care, in education…in how we use energy and fixing those problems is the central objective of this administration.”
Brady shot back: “Tell that to the millions of Americans who no longer have jobs because of your decisions.
Geithner would not take the criticism lying down: “They would have had more jobs and more confidence and more employment in this country if we had not let this crisis get to the point it did.” Geithner said the Bush administration should have spent “eight years of paying for our commitments instead of borrowing against them.”
Shorter Geithner: “My incompetence wouldn’t be such a big deal if you guys had been doing your jobs for the last eight years.” Burn!