Sunday, May 24, 2009

Free advice for Geithner: shut up & get to work!

SecTreas Geithner is getting lots of ink these days:
Geithner Dismisses GOP Socialism Charge as 'Ridiculous'

Tim Geithner Chats with Newsweek's Jon Meacham

Geithner Vows to Cut U.S. Deficit on Rating Concern
... “It’s very important that this Congress and this president put in place policies that will bring those deficits down to a sustainable level over the medium term,” Geithner said in an interview with Bloomberg Television yesterday.
[emphasis added]
TARP Warrants Show Banks May Reap ‘Ruthless Bargain’ (Update2)
Mark Pittman
22 May 2009
May 22 (Bloomberg) -- Banks negotiating to reclaim stock warrants they granted in return for Troubled Asset Relief Program money may shortchange taxpayers by almost $10 billion if Treasury Secretary Timothy Geithner’s first sale sets the pace, data compiled by Bloomberg show.
Please, Secretary Geithner, stop "chatting", stop giving interviews, stop taking advantage of photo ops!

START (finally, at long last) to do your job!

Hint: Addressing GOP talking points is NOT your job!

You might start by getting the best deal possible for taxpayers, NOT the banks.

After that? Put together a plan. Show it to us. Convince us that you know how we get from where we are now to where we want to be. (It would help to start by giving us a hint where you think we want to be!)

News that the banks are screwing us - with your blessing - is not comforting.

If you're not up to the job, quit!

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