Despite Calls For His Head, Geithner Tells White House He Is Staying

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Sun, 08/07/2011 - 14:56 | 1533424 Mineshaft
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Sun, 08/07/2011 - 14:59 | 1533435 wang (not verified)
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and Obama thought his weekend couldn't get any worse

Sun, 08/07/2011 - 15:21 | 1533512 MassDecep
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His Weekend is going as planned. He is elated about the latest downgrade! Alinski, right on schedule. This piece of evil could care less about you or I. His goal is Economic Collapse. His policies drive us there. Yup, Everything going as planned... Also, get ready for a few other things, not yet thought of ...This is going to fun Sheeple.

Sun, 08/07/2011 - 15:32 | 1533570 spiral_eyes
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"They took ma rings, they took ma rolex, I look to the homie to say damn what's next?"

Here's what's next:

Corzine, bitchez 

Sun, 08/07/2011 - 15:49 | 1533632 FEDbuster
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I would like to literally see his head roll along with Hank Paulson's, Alan Greenspan's and Ben Bernanke's.  Set up a guillotine  in front of the FED and Treasury building and drop a rusty, dull blade on their necks (one that would take three or four drops to cut through).

Sun, 08/07/2011 - 16:30 | 1533775 trav7777
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wtf difference does the Treasury Secretary make?  He doesn't set the fiscal policy nor propose budgets nor pass them.

Fire the Congress and Obama

Sun, 08/07/2011 - 16:44 | 1533834 Yen Cross
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HYPOTHETICALLY):  Good post though!

Sun, 08/07/2011 - 16:47 | 1533842 jdrose1985
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The Treas(on)ury Secret-ary just so happens to be an IMF governor who doesn't collect a salary from the USG, bitchez.

Google is your friend.

Sun, 08/07/2011 - 15:54 | 1533664 Sudden Debt
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He's still sleeping his birthday party off.

The booze, coke and hookers took a heavy toll on him this weekend.

And why replace Geithner? He's the best of the worst screwups Obama has!

Sun, 08/07/2011 - 16:32 | 1533785 Motorhead
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I wonder if N'Obama (or anybody else) has a choice.  I'd bet that Tiny Tim's "decision" to stay or go is made by "others".

Sun, 08/07/2011 - 16:45 | 1533837 nmewn
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"And why replace Geithner? He's the best of the worst screwups Obama has!"

The country is in the very best of hands.

Sun, 08/07/2011 - 14:58 | 1533431 narapoiddyslexia
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At least we'll know where he is.

Sun, 08/07/2011 - 15:37 | 1533590 bigdumbnugly
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silver platter.

tee hee

Sun, 08/07/2011 - 15:02 | 1533432 f16hoser
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Geithner should do the right thing and "Kill Himself!"  Just saying....He looks like a Monkey Fucking a Football! He makes US Government look even worse than it already is. Of course next to Obummer, Geithners' a Saint.

Sun, 08/07/2011 - 17:37 | 1533975 Papasmurf
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There's a reason for that. And the American people are the football.

Sun, 08/07/2011 - 15:00 | 1533434 hognutz
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He still has important to to do!  Like destroying America!

Sun, 08/07/2011 - 16:02 | 1533681 greased up deaf guy
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yup, and they state this as if it's something to be proud of:

"Treasury Secretary Timothy F. Geithner, a central figure in the U.S. government’s bailouts of Wall Street banks and efforts to raise the debt limit..."


Sun, 08/07/2011 - 15:01 | 1533437 DCFusor
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I'm not a fan of stainless steely -- tool steel makes better knives.  A2 for me!

Sun, 08/07/2011 - 15:27 | 1533537 DoChenRollingBearing
DoChenRollingBearing's picture

52100 steel for me!

Sun, 08/07/2011 - 16:13 | 1533719 Hulk
Hulk's picture

SV30...for knives, not sure about bearings...

Sun, 08/07/2011 - 16:35 | 1533799 DoChenRollingBearing
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52100 is a 1% carbon steel withe a teensy amount of chromium.  It is a hard and tough steel, but not very corrosion resistant.

Sun, 08/07/2011 - 17:43 | 1533974 JB
JB's picture

A2 rocks. But not all stainless is created the same. H1 is pretty amazing stuff.

<--- Is carrying VG10.

Sun, 08/07/2011 - 15:02 | 1533442 Irrational Exub...
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I smell a margin hike in gold futures coming!

Sun, 08/07/2011 - 15:02 | 1533443 hunglow
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Is it tax season yet.

Sun, 08/07/2011 - 15:03 | 1533444 SheepDog-One
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Hang yourself Timmah!

Sun, 08/07/2011 - 15:04 | 1533447 Founders Keeper
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Tyler, thank you for creating and maintaining ZH. 

Being at ZeroHedge is like being at the right place at the right time.

Hope the ZH servers can handle this week!


Sun, 08/07/2011 - 15:04 | 1533448 Gringo Viejo
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I guess Goldman doesn't have his successor lined up yet.

Sun, 08/07/2011 - 15:04 | 1533449 CrownThomas
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He's got nowhere else to go - Goldman is cutting costs.

Sun, 08/07/2011 - 15:06 | 1533456 Ted K
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Tyler Durden, Do you plan on giving any explanation to your readers regarding this story----->


Sun, 08/07/2011 - 15:36 | 1533578 Gringo Viejo
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Didn't know he owed an explanation Ted..not to me anyway.

I read, digest and draw my own conclusions. Howabout you?

Sun, 08/07/2011 - 19:34 | 1534510 Al Gorerhythm
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Let's see now: Brian O'flannigan, Kid Dynamite, Jeanne D'arc (whoever the fuck that is) have just made many a surprising (sarc) comment and world shattering expose` that the guys who run SGS have a bias towards gold and silver. Jeanne found it conspiratorial that the 3 bears vid found its way to the pages of ZH. Funny that. You three or four subscribers to to the screwloosefiles blog spot, need to take those tin foil hats off and stop being so paranoid. 

Sun, 08/07/2011 - 15:05 | 1533457 Transitory Disi...
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“Secretary Geithner has let the president know that he plans to stay on in his position at Treasury,”

Now what position is that...  Bent over a table? On all fours?


Sun, 08/07/2011 - 15:36 | 1533581 Cpl Hicks
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Not to worry, Barry has his rear, uh, his back.

Sun, 08/07/2011 - 15:52 | 1533651 FEDbuster
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I am sure there will be no reach around.

Hasten the Collapse, OBAMA 2012

Sun, 08/07/2011 - 16:36 | 1533802 DoChenRollingBearing
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Sun, 08/07/2011 - 15:06 | 1533459 CrownThomas
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He's got nowhere else to go - Goldman is cutting costs.

Sun, 08/07/2011 - 15:07 | 1533462 papaswamp
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Guillotine Bitchez!

Sun, 08/07/2011 - 15:13 | 1533474 f16hoser
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Lets see what the Asian Markets have to say tonight about Amerika. I don't think Bernanke can print/type money fast enough to save the "WORLD" from excessive Socialism and Debt. Just because a government official (I like servant better) says their currency is stable and fully backed; doesn't mean shit to me. PM's spit with defiance in their face!!!

Sun, 08/07/2011 - 15:14 | 1533479 max2205
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Sun, 08/07/2011 - 15:15 | 1533480 carbonmutant
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Does that mean he's leaving?

Sun, 08/07/2011 - 15:15 | 1533481 papaswamp
papaswamp's picture

Guillotine Bitchez!

Sun, 08/07/2011 - 15:16 | 1533488 carbonmutant
carbonmutant's picture

Grand Jury Investigation next...

Sun, 08/07/2011 - 15:19 | 1533507 Piranhanoia
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That ought to do it. We are going to need some charts that have a much larger X axis.  These rectangles on their sides just aren't going to work any more.  

Sun, 08/07/2011 - 15:27 | 1533533 knukles
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"Treasury Secretary Timothy F. Geithner, a central figure in the U.S. government’s bailouts of Wall Street banks and efforts to raise the debt limit, told President Barack Obama that he intends to remain in his job, according to a Treasury Department spokeswoman."

Holy Jesus H Fucking Christ on a Crutch.
Stone Deaf

Fucking Stone Deaf.

The market (what Knukles thinks is imaterial to this point) thinks that Mr Geithner is a disaster.
The market believes his role in the bailouts and debt managemant has been less than satisfactory for a man in such a position.  When in fact, much of what occured about him was not of his making or under his control.

To cite those activites as positives by Treasury is..... disturbing.

DC is stone deaf.

Sun, 08/07/2011 - 16:19 | 1533746 Zero Govt
Zero Govt's picture

Spot On

We are 'led' by crones, cretins, clowns and crooks... Govt staff in a nutshell

Sun, 08/07/2011 - 19:56 | 1534591 StychoKiller
Sun, 08/07/2011 - 15:29 | 1533545 Bob Sacamano
Bob Sacamano's picture

He would be foolish to step down now -- would definitely look like the downgrade fall guy and pin blame on the Administration as they try to defect blame to conservatives.   He may have a window to step down in early 2012. 

Sun, 08/07/2011 - 15:37 | 1533585 48North
48North's picture

Everyone needs a good reach around-where's the soap?

Sun, 08/07/2011 - 15:49 | 1533604 Zero Govt
Zero Govt's picture

"Of course, the unspun truth is that there is nobody, in either the public or private domain, stupid enough anywhere to take on Geithner's job."

Timmays the man for the post of 'Stupid'... elite educated, an entire career spent in the chaotic, pig-ignorant, calamity zone that is public sector, he was born to be an institutionalised crone (moron)

"Geithners challenges inculde reducing unemployment, overhauling housing finance, working with Congress to further cut the budget deficit and helpin European leaders to contain their debt crisis"

Yes and what a fuking good job he's done all 4 topics til now... i fail to see how Tiny Tim can help on the budget cuts when all he's done is bleat and shill across the media how the US Govt needs a bigger credit card to help his very own 'unsustainable' budget to balance! Haven't you got the wrong end of the stick retard?

Keep on 'winning' Timmay, i'm sure you'll turn it all around real soon even if it looks like you've been a remarkable failure on everything you've applied your magic touch to to date

Sun, 08/07/2011 - 15:41 | 1533605 aaronb17
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Isn't Geithner just basically the accountant/check writer for the executive branch?  As far as I can tell, his primary role in the debt ceiling debate was to say "hey guys, you have all these bills and the checks are going to bounce if we don't get more credit."  

To blame any of the US debt fiasco on him seems absurd.  It's the dumbasses who keep wannting to spend more money than they are willing to earn (or in the government's case, raise through taxation).  Geithener has nothing to do determining U.S. tax levels or spending levels, does he?

Talk about shooting the messenger . . . it's congress and the executive branch as a whole (but primarily congress) who's responsible, not the guy who ultimately has to distribute the funds to carry out their orders. 


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