• Sprott Money
    05/05/2016 - 06:02
    Why is a Deutsche Bank mouthpiece suggesting “negative retail deposit rates or perhaps wealth taxes”? The answer is to (supposedly) stimulate our economies.

Geithner Out Before End Of January

Tyler Durden's picture




 

We are sad to bring you the tragic news that Tim "TuboTax" Geithner, who has long made clear his plans to leave some time in early 2012, will be out before March, and in fact before the end of January as it turns out. From Bloomberg:

  • GEITHNER SAID TO PLAN DEPARTURE BEFORE DEBT CEILING RECKONING

We are also confident readers will somehow be able to overcome the unprecedented sadness at this particular rat's departure from the Titanic, metaphorically speaking of course.

And while Timmy's replacement (assuming it is of the Homo Sapiens genus and species) is still unknown, we know what some of the prospects think about serving the public:

American Express Kenneth Chenault had been approached for job, has indicated he isn’t interested

 

Administration officials had approached American Express Co. Chief Executive Officer Kenneth Chenault about joining Obama’s second-term cabinet, possibly as Treasury secretary. Chenault isn’t interested in leaving his private sector job, according to a spokesman.

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Thu, 01/03/2013 - 13:49 | 3119160 lunaticfringe
lunaticfringe's picture

I want Krugman. Let's burn this mother down, I can't stand the waiting.

http://youtu.be/A_sY2rjxq6M

Thu, 01/03/2013 - 14:17 | 3119292 yogibear
yogibear's picture

Krugman would help the whole thing to collapse faster.  Why linger?

Thu, 01/03/2013 - 15:41 | 3119703 Lore
Lore's picture

See if Bill Clinton will take up the mantle. Happy times can be here again.

Thu, 01/03/2013 - 17:12 | 3120014 willwork4food
willwork4food's picture

I'l go page him...

Thu, 01/03/2013 - 14:32 | 3119373 Vince Clortho
Vince Clortho's picture

turds don't float

Thu, 01/03/2013 - 13:46 | 3119134 Shell Game
Shell Game's picture

Please let the door flatten your ass on the way out..

Thu, 01/03/2013 - 13:46 | 3119135 mrktwtch2
mrktwtch2's picture

time to put another goldman in there..

Thu, 01/03/2013 - 13:47 | 3119139 AldoHux_IV
AldoHux_IV's picture

Throw him, Bernanke, and Obama in jail for letting our country come to this sad reality.

 

Thu, 01/03/2013 - 13:47 | 3119140 williambanzai7
williambanzai7's picture

THREE AMIG-Os

Thu, 01/03/2013 - 13:59 | 3119215 DavidC
DavidC's picture

Excellent William!

DavidC

Thu, 01/03/2013 - 14:01 | 3119227 Sudden Debt
Sudden Debt's picture

Hahahahahaha!!

IT'S A CLASSIC TURNED BETTER!!

Great work man!

Thu, 01/03/2013 - 14:12 | 3119266 S5936
S5936's picture

I'm not sure this fair to Butthead

Thu, 01/03/2013 - 17:15 | 3120025 Anglo Hondo
Anglo Hondo's picture

Did POTUS donate his ears to the goldman charity, or what?

 

Thu, 01/03/2013 - 13:47 | 3119141 Cunnial
Cunnial's picture

Captain Edward Smith he ain't!

Thu, 01/03/2013 - 13:48 | 3119154 Dan The Man
Dan The Man's picture

more like Capt Schettino !

Thu, 01/03/2013 - 13:47 | 3119143 BlueCollaredOne
BlueCollaredOne's picture

Lets not get too excited.  Geithner is a regular at the CFR so he will still be pulling strings, or getting his strings pulled.  

Thu, 01/03/2013 - 13:47 | 3119144 Cognitive Dissonance
Cognitive Dissonance's picture

He needs time to learn the new Turbo Tax program.

Thu, 01/03/2013 - 13:49 | 3119159 Dr. Engali
Dr. Engali's picture

Damn, you beat me to it.

Thu, 01/03/2013 - 13:50 | 3119164 Cognitive Dissonance
Cognitive Dissonance's picture

LOL

Great minds think alike. Some (however) are faster than others. :>)

Thu, 01/03/2013 - 14:22 | 3119324 Arius
Arius's picture

thank you for pointing it out ... it put me in my place.

i did not think it, but when i read it, i thought i could have thought it as well :-)

now my question is at what scale shuld my mind be ... of course it is a guess, but under normal circumstances... all things considered...

CD - Happy new year 2013!

Thu, 01/03/2013 - 14:39 | 3119412 Cognitive Dissonance
Cognitive Dissonance's picture

I plan on staying drunk the entire time.

Wake me (or exhume me) in 2014. :>)

Thu, 01/03/2013 - 13:48 | 3119146 lizzy36
lizzy36's picture

As per his MOU with Blackrock, he must depart the Treasury b/f March 1, 2013.......duh.

Thu, 01/03/2013 - 13:55 | 3119148 Yen Cross
Yen Cross's picture

The "RAT" isn't leaving the Titanic... He's just moving to the "wheelhouse" of the S.S. Titanic, with his bankster boat captain pals.

 

Thu, 01/03/2013 - 13:48 | 3119149 Mr. Hudson
Mr. Hudson's picture

He will re-appear. They always do. Maybe he will come back as “The Anti-Christ”.

Thu, 01/03/2013 - 13:53 | 3119183 Jesus Christ
Jesus Christ's picture

He's not nearly smart enough.

Thu, 01/03/2013 - 14:22 | 3119322 phyuckyiu
phyuckyiu's picture

So sayeth the shephard, so sayeth the flock!

Thu, 01/03/2013 - 14:02 | 3119231 wisefool
wisefool's picture

The tax code is the anti-christ. It has to be everything Christ was not. Timmay is not smart enough to run with the "elite" so they put him where he belongs. Haphazzard, in your face, incompetent adminitration of their rusty spoon. He also moon lights on southpark with his band "lords of the underworld"

Thu, 01/03/2013 - 13:48 | 3119151 TheMayor
TheMayor's picture

Good Riddance

Thu, 01/03/2013 - 13:49 | 3119161 azzhatter
azzhatter's picture

Only thing that would make me happy is his obituary. Hopefully a painful terrible death after being ass raped by 6'5" guy with a 12 inch schlong

Thu, 01/03/2013 - 14:04 | 3119245 JungleJim
JungleJim's picture

Sorry, Michelle is very busy at the moment ...

Thu, 01/03/2013 - 13:50 | 3119162 stinkhammer
stinkhammer's picture

Bust a deal, face the wheel  GULAG!

Thu, 01/03/2013 - 13:57 | 3119177 Zer0head
Zer0head's picture

and now it is 8 against Boner 17 needed

 

GUY just voteD for David WALKER

Thu, 01/03/2013 - 13:52 | 3119179 tickhound
tickhound's picture

 

 

Farewell Ode to Tiny Timmah (Tiny Dancer)

 

Blue skies, Bennay

Debt pimp, Timmay

Schem-sters for the man.

 

Prices high,

Debt to the sky,

To print is the ponzi plan.

 

Larry Summers,

massage the numbers,

marking market to a sham.

 

Now it hits me,

the fraud economy,

toilet paper in my hand...

 

Barry freaks, out in the streets,

Another ticket sent by God,

No turning back, we just laugh

The price for Ipad's not that bad.

 

Awoken man, he makes a stand

In an internet forum

Speaking on, right and wrong

The story's old news for some

 

But oh how I feel so blue

Lying here, in IOU's

Cursing you, but you can't hear me

When I say slowly, but LOUDLY

 

F' me harder, tiny Tim-mah

Countless hedge-funds hit the highway

Wash the world in worthless pap-ah

Another busy day, today...

Thu, 01/03/2013 - 13:56 | 3119199 The Master
The Master's picture

Bravo my friend

Thu, 01/03/2013 - 14:27 | 3119342 Freddie
Freddie's picture

LOL!  It is a shame Krugman is not in this tune.  He is another evil f***tard.

Thu, 01/03/2013 - 19:13 | 3120358 lakecity55
lakecity55's picture

>>>>Corzine

>>>>Krugman

Thu, 01/03/2013 - 13:53 | 3119182 monopoly
monopoly's picture

Glad to be rid of this lying useless crook.

 

Thu, 01/03/2013 - 14:08 | 3119255 NotApplicable
NotApplicable's picture

Too bad that's not what's happening.

Thu, 01/03/2013 - 13:53 | 3119189 kchrisc
kchrisc's picture

The ship's not sinking, I'm just going for a swim.

Thu, 01/03/2013 - 13:54 | 3119190 j-dub
j-dub's picture

The first time this guys absentmindedly speaks a truth in a private setting is going to be an utter catharsis.

Can you imagine the emotional wreckage?

That, my dear ZHers, was a trick question.  Psychopaths have no emotions!!

Thu, 01/03/2013 - 13:54 | 3119192 Antifederalist
Antifederalist's picture

Countdown to Geithner's consulting contract with Goldman Sachs,   4, 3, 2, 1...

Thu, 01/03/2013 - 14:05 | 3119248 NotApplicable
NotApplicable's picture

Too obvious. Besides, he's one of the biggest financial WMDs in the world today. I'm thinking he's gonna get to blow up the whole world now.

It will be interesting to see where he lands.

Thu, 01/03/2013 - 13:55 | 3119195 Spastica Rex
Spastica Rex's picture

Kim Jong Il gone, and now soon to be Tim.

The great funny people of our time are vanishing.

Where have all the flowers gone?

Thu, 01/03/2013 - 13:57 | 3119204 buzzsaw99
buzzsaw99's picture

Need another tax cheat treasurer.

Thu, 01/03/2013 - 13:58 | 3119207 BullsNBeers
BullsNBeers's picture

I am sitting here in the dark with a bottle of vodka... sobbing softly.

Oh Timmy! You little tax cheating Fed enabling gnome! What shall we become without your infinite wisdom in our times of distress?

Why Timmy? Why?

Thu, 01/03/2013 - 14:02 | 3119225 SeanJKerrigan
SeanJKerrigan's picture

Time for more Quotes For Times of Financial Instability:

 

“Bankers: Pillars of society who are going to hell if there is a God and He has been accurately quoted.” - John Ralston Saul

“The tendency to occultism is a symptom of regression in consciousness. The veiled tendency of society towards disaster lulls its victims in a false revelation, with a hallucinated phenomenon. In vain they hope in its fragmented blatancy to look their total doom in the eye and withstand it. The offal of the phenomenal world becomes, to sick consciousness, the mundus intelligibilis.” - Theodor Adorno, Minima Moralia: Reflections From Damaged Life

“Tribe follows tribe, and nation follows nation, like the waves of the sea. It is the order of nature, and regret is useless. Your time of decay may be distant, but it will surely come, for even the White Man whose God walked and talked with him as friend to friend, cannot be exempt from the common destiny. We may be brothers after all. We will see.” – Chief Seattle

"If you have to go to jail, go ahead and go, for you will not be alone." -Reverend Bernice King

“The wise are instructed by reason; ordinary minds by experience; the stupid, by necessity; and brutes by instinct.”— Cicero

"It's wise to be a nonperson, as far as the State is concerned, as far as possible" ~ Doug Casey

“People in a hurry cannot feel.” – Alan Watts

"Our era has become one of spectacular polarization, with folly multiplying on every hand. That is the way empires crumble: they are taken over by looter elites, who sooner or later cause collapse. But then new games become possible… There is beauty in weathered and unpainted wood, in orchards overgrown, even in abandoned cars being incorporated into the earth. Let us learn,  like the Forest Service sometimes does, to put unwise or unneeded roads 'to bed,' help a little in the healing of the natural contours, the re-vegetation by native plants. Let us embrace decay, for it is the source of all new life and growth." - Ernest Callenbach

“We talk of the Turks and abhor the cannibals; but may not some of them go to heaven before some of us? We may have civilized bodies and yet barbarous souls. We are blind to the real sights of this world; deaf to its voices; and dead to its death.” - Herman Melville

"Hell is truth seen too late." – Thomas Hobbes

“The best we can hope for concerning the people at large is that they be properly armed… If the representatives of the people betray their constituents, there is then no recourse left but in the exertion of that original right of self-defense which is paramount to all positive forms of government. - Alexander Hamilton

"The cost of maintaining the pretense is straightforward: continued deterioration in the moribund status quo; more and more people, young and old, left behind; entire communities in distress; places destroyed by natural disasters abandoned rather than rebuilt; more and more people going after fewer and fewer resources that are still being made available to those in need. It is a rolling collapse affecting one person, one family, one community at a time. It’s what we have been seeing since 2008, and there is no reason to think that this will not continue for a while yet." – Dimitry Orlov

Also, visit our site for more: www.VulgarTrader.com.

Thu, 01/03/2013 - 15:48 | 3119722 Lore
Lore's picture

 

 

"[Decline] is what we have been seeing since 2008...there is no reason to think that this will not continue for a while yet."

Nuts to Dmitri Orlov. Look at today's market.  Happy times are here again!  The economy is stronng!  Lotsa jobs!  Everybody go shopping!  Let's all stimulate our asses off!

Thu, 01/03/2013 - 16:53 | 3119954 From Germany Wi...
From Germany With Love's picture

+1 for quoting Alan Watts

Thu, 01/03/2013 - 14:04 | 3119228 Zer0head
Zer0head's picture

aprox 200 votes left to go 11against Boner just 6 needed for a second round

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