The Official Calls For Change Roll In: "Fire Geithner"

Tyler Durden's picture

The first official demand for a change at the top as a result of the S&P downgrade has come in, courtesy of Indiana State Treasurer Richard Mourdock, who has just demanded the head of the most incompetent and tax evading Treasury Secretary in US history, on a silver platter. "President Obama should fire U.S. Secretary of the Treasury Tim Geithner over the debt downgrade. If Obama won't remove him, then the US Senate should withdraw its consent of Geithner's appointment to U.S. Treasury because someone in the White House needs to be held responsible for this disaster." Zero Hedge fully endorses this perspective.

Full press release:

 

IN State Treasurer Richard Mourdock, US Senate Candidate running against 35 year incumbent Senator Dick Lugar in the 2012 Republican Primary, reacted to the historic news that Standard & Poor's (S&P) downgraded the United States' long-term debt, which highlights an overall concern about the financial health of our country.

"The downgrade by S&P of our debt from 'AAA' to' AA+' is a serious event that will impact all Americans. Financial markets will open Monday to see the United States with a credit rating of less than 'AAA' for the first time ever. How the markets will respond is impossible to predict.

"This downgrade is the direct result of raising the debt limit on Tuesday, August 2, without providing for substantive cuts in spending. The White House and many in Congress failed in their jobs by settling for a political compromise rather than seeking a fiscal resolution. They avoided the tough decisions on real cuts in spending by simple kicking 'the tin can of responsibility' further down the road. The downgrade reminds us that failing to act has consequences. Of no surprise to many Hoosiers, Dick Lugar was counted among the majority of Senators who agreed to the debt-ceiling compromise that was quickly signed by President Obama.

"President Obama should fire U.S. Secretary of the Treasury Tim Geithner over the debt downgrade. If Obama won't remove him, then the US Senate should withdraw its consent of Geithner's appointment to U.S. Treasury because someone in the White House needs to be held responsible for this disaster.

"S&P's downgrade illustrates its viewpoint of our entire economy, not just the government's ability to pay its bills. In mandating its downgrade, S&P, in effect, is stating that they have less confidence in the United States' economy to grow and recover in the long run. They believe the United States is losing the ability to create the wealth, which is the basis of the taxes the government needs to pay its bills.

"Perhaps there is a silver lining to this very dark cloud. The sound proposals offered in the Cut, Cap and Balance Plan can again be put on the table. This terrible situation might yet cause a Balanced Budget Amendment to be added to the United States Constitution.

"Moving forward, there will again be calls for 'bi-partisanship' to solve this latest fiasco. Let me be clear, we need less bi-partisanship and more conservative, fiscal principles in this on-going debate. Bi-partisanship has taken us to the brink of bankruptcy and now to our first ever financial downgrade.

"Conservatives have said for years that the federal government must be forced to live within its means. I take some consolation that S&P has now echoed our call."

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Everyman's picture

Just drag him behind a pickup until he disappears.

Ahmeexnal's picture

Too late. He is nowhere to be found.

Guess he packed his gulfstream with gold bars and flew into the sunset.

wanklord's picture

It is time for Barry to govern by decree while invoking NSPD 51: suspend the Constitution, declare Martial Law, confiscate all types of guns -either by peaceful or coercive means- and place under strict quarantine those who may try to revolt (FEMA camps have been designed for such purpose).

Besides that, it is good to remind the audiences that Americans are a bunch of stupid animals easy to manipulate and subdue.The sooner the US economy collapses the better, so these brutes will finally learn NOT to live beyond their means.

PeterSchump's picture

I hope you are one of the people taking part in the confiscation. You might meet a just end.

Better to fire the system to get something accomplished, not the cog in the wheel that is Jeethner.

narapoiddyslexia's picture

Mourdock is a scumbag. I know. I live not far from him. Pity me.

What does it all mean's picture

But he knows Chinese... not math, but Asian Studies....

FIRE Tim Geithner???  Hell yeah!  He is such a bureaucrat...  Total tool for Goldman, Wall Street and Rubin.

robertocarlos's picture

I'd pay to watch that show.

Goldilocks's picture

A small Adam Weishaupt plug, part 1_7, @3:18,

Here & in the now… some of the public figures we see & hear are guilty as sin. (still ?!?).  The “enemy within the gates” is so much more heinous than what we may have imagined. It is abominable the MSM treat them like superstars. Disgusting … Blah, spit, puke :-(

“This is the illuminati / satanic movement in this country today.”
“Right up to the White House.”
-Ted Gunderson

Watch [pay homage to] the following Ted Gunderson [an Ex-FBI guy] videos…

Ted Gunderson - The Great Conspiracy Exposed 1_7 PL
http://www.youtube.com/watch?v=PZ4ws6jTiqk&feature=related

Ted Gunderson - The Great Conspiracy Exposed 2_7 PL
http://www.youtube.com/watch?v=BN_uiOxlM54&feature=related

Ted Gunderson - The Great Conspiracy Exposed 3_7 PL
http://www.youtube.com/watch?v=JXb_XtMoIgU&feature=related

Ted Gunderson - The Great Conspiracy Exposed 4_7 PL
http://www.youtube.com/watch?v=EwMun94Nvo4&feature=related

Ted Gunderson - The Great Conspiracy Exposed 5_7 PL
http://www.youtube.com/watch?v=-2sT3e1cjwU&feature=related

Ted Gunderson - The Great Conspiracy Exposed 6_7 PL
http://www.youtube.com/watch?v=1UuWW5xRg_U&feature=related

Ted Gunderson - The Great Conspiracy Exposed 7_7 PL
http://www.youtube.com/watch?v=i2gknj6yy6s&feature=related

BaBaBouy's picture

 

Fire Em, And Get The Fuck Outta Afghan Et Al ...

 

NATO helicopter crash leaves 31 U.S. troops dead in Afghanistan

KABUL (Reuters) - A NATO helicopter crashed during a battle with the Taliban in Afghanistan, killing 31 U.S. soldiers and seven Afghans, the Afghan president said on Saturday, the deadliest single incident for foreign troops in 10 years of war.

cossack55's picture

What comes around, goes around. They knew the deal.

dwdollar's picture

A convenient coincidence for distraction.  You know.  The kind that always seem to happen when S is about to HTF.

Dr. Porkchop's picture

Somebody left the fan on high and knocked it into the shitter a long time ago.

TaxSlave's picture

http://www.drudgereport.com/

REVENGE: SEALS WHO GOT OSAMA KILLED IN AFGHANISTAN

Drudge got the headline wrong.  Should be:

SILENCED: SEALS WHO GOT OSAMA KILLED IN AFGHANISTAN

 Into the memory hole.


monoloco's picture

It seems like if they were going to fake it, they would have waited untin next October.

Steroid's picture

Who will dare to kill Osama again after this?

jmc8888's picture

Well according to that report, that headline is bullshit. 

Same unit

Not the same guys.

More propaganda, and it's gotten so bad (the propaganda) the story contradicts the headline. 

 

But none of that changes the need to get out of bankster wars. (and obviously fire Timmy, Bernanke, etc.)

Pass Glass-Steagall

 

Our rating cut is bullshit, because we wouldn't cut spending, for a fraudulent debt problem.  Standard and Whores said to cut 4 trillion to pay off the fraudulent debt, and we didn't.

Obama, like all politicians play both sides against the middle, instead of taking the fight to the banksters in earnest.  He didn't want to cut much, but wanted to fool the ratings agency.  Mission not accomplished.  He still defaults to the banksters side, but he wanted to have his cake and eat it too. What a Nero.

Cancel the fraudulent debts

Put the tbtf out of business...as well as their co-conspirators (one of many)...the rating agencies.

blindman's picture

i thought the identities of the individual seals
were concealed as a matter of security. if so, then
it is the word of the navy that the recently killed are
not the same individuals. ...

hbjork1's picture

Report in Yahoo says non of the SEALS from the Osama raid were in this group.

sheeple2012's picture

except for PVT. 1st Class Jack Ruby (nee Rubenstein)

nmewn's picture

Same org...different men.

adr's picture

No way in hell did this really happen. Unless they produce photos of the wreckage and the bodies I am not going to believe a word out of this administration and I never did anyway. You would never have 31 Special Forces operatives on one helicopter in enemy territory. This is straight up propaganda BS to divert attention from the markets on Monday.

You will see this listed as the reason why we must get out of Afghanistan and in the process save $2 trillion that would have been spent on the wars, which will in turn allow the US to keep its AAA debt rating.

OBAMA MUST BE TRIED FOR TREASON!!!!

gall batter's picture

divert attention?  too many are tuned to mindless television and sports. some may take the time to call for revenge with a LOUD: USA!, USA!, USA!, nuke the ragheads! it's the american exceptional way.  

Freddie's picture

Well LBJ's Gulf of Tonkin was "real."   LBJ probably killed off the skirt chaser too.  WAY too much money to be made on the Vietnam War for LBJ.  Inflation adjusted - LBJ and the companies he owned or was a major shareholder in easily cleared a billion off Vietnam.  He left office the second wealthiest President ever.  Washington adjusted for inflation was a billionaire.

DeadFred's picture

As delightful as the pickup truck dragging sounds Timmy is just the whipping boy for the responsible ones, Congress, Obama and Bush before him. Still go for it if you can catch him.

j0nx's picture

While the other 99 out of 100 of your citizens say, "who's soetoro?" and then continue flipping the channel to Jersey Shore and taking another swig from their miller lite. Give it up man. Americans don't give a shit. The sooner you realize this then the sooner you can continue on with your own emergency survival plans for you and yours.

gmrpeabody's picture

Since Congress, Bush, and Obama will all claim immunity and pardon eachother, that only leaves select targets. Biden will declare war on Teabaggers and use this crisis to go after all political enemies.

Wash, rinse, repeat.....

TaxSlave's picture

Toss him off the balcony into the murderous rioting crowd below.

It will placate the mob, he will be replaced by another, the show will go on.

There is an endless supply of useful idiots waiting to take his place.

sasebo's picture

Actually useless idiots. SABT.

azusgm's picture

Should have backed up the truck and whipped out the chains on Christmas Eve 2009 when he pledged "unlimited support" to the GSE's. Now Fannie is wanting a few bilion more. Since when did he become Congress?

lewy14's picture

Wait - I thought Geithner was on his way out anyway, by his own choice? (Time to sleep in and earn the big bucks on Wall St).

This is standard game theory / political move: demand the resignation of an unpopular figure who's already anticipated to leave.

- If they leave, you can crow about your victory.

- If they stay, you can saddle the opposition with an unpopular figure.

If Geithner leaves he'll be replaced by the likes of Corzine. Nothing to see here, move along. Srsly.

monoloco's picture

Yeah, and don't forget Paulson, he did his share of damage.

monoloco's picture

Yeah, and don't forget Hank Paulson who did his share of the damage.

Confused's picture

After he gets fired, he will just end up at the job he was promised with, sooner.......his pay day has arrived. 

BlackholeDivestment's picture

http://www.youtube.com/watch?v=VlBzre4-Krc

...I junked you just for having the balls to say what you said when your name is ''Everyman''. You are a dumbshit troop, and I mean that in the most loving way. Let me remind you that we are all assholes. The goal is not to become one. Our weakness is as hosts, of the Truth. How is it we can't overcome the contempt and strong delusion? Our goal is to save every human possible in this war and if you have the full power of the Truth you will. Chevy Chase is a funny reference lol, but come man. http://www.youtube.com/watch?v=8wGiJcq95Ug

...ouch, already shot through the heart with the down arrow ricochet lol, weak. http://www.youtube.com/watch?v=iLvIDfqiri4

http://www.youtube.com/watch?v=nD4aENEYkKo&feature=related

m111ark's picture

Do you really think it's any different for Obama?  He's simply doing what the capital machine instruts him to do.  There is no govenment, no constitution, no freedom; all have been replaced... makes no difference who sits in the oval office or the halls of congress.  Doesn't anyone ever consider that no matter which party or which person(s) occupies any seat of power, the same things keep happening - more spending, more debt, more wars... and the reason for it all - more wealth for the top 2%.

It's all very simple when you've got the right map.  Still really hard to trade thou

 

Cult of Criminality's picture

Right on Target .............Bullseye!

BlackholeDivestment's picture

...hey man, there was only one person in the Senate Gallery (seats were not even full and the idiots sitting next to me had no clue what was even going onl) with a shirt on that says:

                                       Vote 2 Party

                                    U.S. Crypto Fascism

                                     Dial 666 ADD Debt

...sitting obove Senator O'Bomba as he gave his speech when they passed what they said was $600+ Billion

...that was me, Where were you? http://www.youtube.com/watch?v=E_Uwh0w23K0

Chuck Walla's picture

From Charlie Reese-

 

Have you ever wondered why, if both the Democrats and the Republicans are against deficits, we have deficits? Have you ever wondered why, if all the politicians are against inflation and high taxes, we have inflation and high taxes?

Ident 7777 economy's picture

Sober up Chuck, and realize the dems got us into this mess we find ourselves at the moment.

 

.

Doode's picture

I got no love for any of them, but is he not just a fancy custodian of the money who has no real power over either spending or borrowing? Now Obama should be fired in 2012 for sure - if he does not I think the country is lost and time to move out - seriously.

km4's picture

Bring Me The Head Of Alfredo Garcia?? - YouTube http://bit.ly/pTxrFK

slaughterer's picture

Wasn't he about to leave anyhow?  So, no need to fire him.