Lew made over a million dollars at evil big bank Citigroup and was Obama’s budget adviser on his failed recovery plan. One Obama budget even failed to get ANY votes in the senate even from Democrats.
Post Tagged with: "Treasury Secretary"
Thieving rich get richer – Treasury Dept. Gave Insider Info to Hedge Funds
Former Goldman Sachs CEO Paulson as Treas. Sec. gave a heads up to five Goldman Sachs execs and others in a private meeting giving them the opportunity to profit from government actions in the financial crisis. Why aren’t people going to jail? – Bloomberg has the story
Treasury Secretary admits Obama’s budget will bust the bank
Treasury Secretary Timothy Geithner said the budget proposed by President Barack Obama could leave America with “unsustainable obligations over time.”
Fannie, Freddie Could Be Phased Out Under Treasury Housing Plan
U.S. Treasury Secretary Timothy F. Geithner will present Congress with three options for reducing the government’s role in the nation’s decades-old housing finance system and shrinking the footprint of mortgage companies Fannie Mae and Freddie Mac
Send in the clowns – they couldn’t do much worse
Treasury Secretary Timothy F. Geithner sat down to discuss the U.S. economy — with comedian Jon Stewart. The same day he had calls with Barney Frank, Chris Dodd, Harry Reid, Nancy Pelosi, Chuck Schumer, Max Baucus. No wonder the economy is still such a mess.
Obama and Ben Bernanke Have Us Facing the Abyss
Between the president’s economic power grabs and the Fed chairman’s “quantitative easing” schemes, the future continues to darken for our long-term economic prospects.
GOP leader Boehner calls on Obama to fire failed economic team
“President Obama should ask for – and accept – the resignations of the remaining members of his economic team, starting with Secretary Geithner and Larry Summers, the head of the National Economic Council. ” – John Boehner
Tim Geithner’s Empty Cheerleading
“Welcome to the Recovery,” said the headline over an op-ed by Treasury Secretary Tim Geithner in the New York Times. At first we thought it must be a joke, maybe even a parody. It wasn’t. What’s painfully apparent is that, if anything, the government’s hyperactive interventions in the economy have held it back. – IBD Editorial
Obama administration continues push for ‘global’ rules which would require global taxes
The US is preparing to pivot from domestic regulatory reform to a push for a tough new international capital regime after the weekend’s G20 and International Monetary Fund meetings glossed over differences between leading economies.
Why is Obama Administration Hiding $5 Trillion More Debt with Accounting Gimmicks That Would Make Enron ‘Blush,’?
“The accounting gimmicks that are used today would make an Enron and WorldCom accountant blush,” Hensarling told reporters. “The American people know that under the policies of this administration—under the policies of this Congress—we are drowning in a sea of red ink.”