Pressure mounts for Geithner to resign
So john Kerry said some stuff he probably shouldn't have. Again. I don't really understand what the big fuss is about. At first I heard about it, from a friend at work. He had thought John Kerry was talking bad about our troops. Don't get me wrong, our troops fight for our beliefs and policy's, above and beyond normal jobs and truly sacrifice their lives. Their on the same list as cops and fireman/paramedics. Its just that I've personally known many volunteers in our armed forces, and frankly they really were undereducated. I know because I went through the same school system as the rest of us in that particular area. Now, I'm not saying that everyone in the armed forces are undereducated, but most are. You have your Generals and what not, they obviously are intelligent, but our armed forces aren't comprised of entirely Generals you know.
So things in the war in Iraq are not going well. What war has ever been good? Soldiers on both sides of the war have committed atrocities. Its something that happens in war, certainly. So John Kerry's comments really aren't that big of a deal to me. To me all war is bad, even when necessary.
The immediate response and media blitz on the subject is what concerns me most. Every time a democrat slanders the war in Iraq, they find themselves the Vitim of the media flak attack. It happens on both sides of our bipartisan politics. I know it pays the bills to write about it, I myself jumped on this band wagon to make a few bucks, thanks to assisted content, but I'm definitely not trying to slander one end or the other of either party.
I always will support my friends and family, who is currently, or are veterans in any war, and it takes a great heart and soul to sign up to serve our country, but, sometimes people take things too harshly. So maybe if we all just learned to not take words so heavily. We should try to understand that words are just a representation of the thoughts we have, which really are indescribable to words. John Kerry, in my mind, has said things I've liked and some I've not, but hasn't every politician?
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Treasury Secretary Timothy F. Geithner is making few new friends in Congress these days, as a growing litany of bipartisan critics are questioning whether he should keep his job.
Rep. Kevin Brady of Texas, the top Republican House member on the Joint Economic Committee, on Thursday was the latest lawmaker to call for Mr. Geithner to resign, saying the nation has lost confidence in the Obama administration's ability to handle the economy.
“For the sake of our jobs, will you step down from your post?” Mr. Brady asked Mr. Geithner during a hearing of the panel.
Mr. Geithner, who was appointed by Mr. Obama and took office in January, shrugged off the request, saying that it was “a great privilege for me to serve this president.”
“I agree with almost nothing in what you said,” the secretary added. “And I think almost nothing of what you said represents a fair and accurate perception of where this economy is today.”
Another Texas Republican, Rep. Michael C. Burgess, went a step further than Mr. Brady in his criticism of the secretary.
“I don't think that you should be fired; I thought you should have never been hired,” Mr. Burgess told Mr. Geithner.
Mr. Burgess said questionable actions in Mr. Geithner's past, such his admission shortly after his nomination that he owed back taxes, made him unsuitable for the job from the beginning.
“It did not leave the American people with a good feeling about the person who was going to be responsible for this economic recovery,” he said.
The GOP rebukes came two days after the release of an embarrassing report by a Treasury Department watchdog that criticized Mr. Geithner's handling last fall of an initial emergency plan to save then-failing American International Group (AIG) while head of the Federal Reserve Bank of New York.
The report, conducted by Neil Barofsky, special inspector general for the Troubled Asset Relief Program (TARP), said that although the Federal Reserve's initial $85 billion credit line to AIG helped the company settle many of its outstanding contracts with outside parties, “its terms were unworkable.”
Even some liberals have been piling on Mr. Geithner. Rep. Peter A. DeFazio, Oregon Democrat, said flatly on MSNBC on Wednesday that Mr. Geithner should quit.
Mr. DeFazio said that within the House Congressional Progressive Caucus, a group of liberal House Democrats of which he is a member, there is a growing consensus that Mr. Geithner should leave his post.
“The populist caucus is considering questions regarding both him and some other members of the economic team in the near future,” he said.
The congressman also hinted that White House economic adviser Lawrence H. Summers should perhaps be shown the door.
The president “is being failed by his economic team,” Mr. DeFazio told Ed Schultz on MSNBC. “We may have to sacrifice just two more jobs to get millions back for Americans.”
But Mr. Geithner received a generally warm reception from Democrats during Thursday's hearing.
Sen. Bob Casey, Pennsylvania Democrat, told the secretary that he appreciates his public service.
“I voted for your confirmation, and it was the right vote,” he said.
Regarding policy issues, Mr. Geithner told the panel he doesn't support making TARP permanent, vowing to put the program “out of its misery” as soon as possible.
“No one will be happier than I am to see that program terminated and unwound,” he said. “We are moving very aggressively to close down and terminate the programs that defined TARP at the beginning of the crisis.”
He also urged Congress to move quickly in overhauling the nation's badly flawed financial rules, which he says is essential for the health of the economy.
The House this month passed a Wall Street overhaul bill that would allow the government to step in and dismantle a failing company in a way designed not to collapse the economy. The Senate banking committee last week introduced a similar measure.
Tags: geithner, joint economic committee, lawmaker, litany, obama, republican house member, texas republican