Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Obama needs to rethink Geithner.

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-24-09 05:39 PM
Original message
Obama needs to rethink Geithner.
I have been watching the House Committee testimony of Secretary Geithner today. Both he and Bernanke are impatient and condescending in explaining what has happened to the American people. They seem to have the attitude: Look, we are experts. How dare anyone challenge or question our judgment.

The Secretary of Treasury and the head of the Fed need to have the skills of educators. They need to be able to patiently explain to the American people what has happened and why they made the decisions they made. In my opinion, Bernanke and Geithner seem to have the attitude that it is a bother and a distraction for them to have to testify before Congress.

These men are, no doubt capable technicians. However, neither of them has the temperament to handle the public scrutiny that they are now undergoing. Geithner should, at the very least, be demoted. Hire a professor who has lots of experience explaining complex financial concepts to the public instead of Geithner. Same for Bernanke.
Printer Friendly | Permalink |  | Top
MarjorieG Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-24-09 05:44 PM
Response to Original message
1. Sanctimony from grandstanding Congress may have had its toll. Geithner in spending his every waking
hour on a bad situation, with ridicule from us, and without tools, regulatory power to solve this.

Gee, never criticized Greenspan for anything, and is dour as they come.
Printer Friendly | Permalink |  | Top
 
JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-24-09 06:08 PM
Response to Reply #1
8. I criticized Greenspan constantly.
And continue to do so.
Printer Friendly | Permalink |  | Top
 
Thrill Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-24-09 05:45 PM
Response to Original message
2. If the people who were asking you questions were being complete assholes
Edited on Tue Mar-24-09 05:46 PM by Thrill
you wouldn't show any patience either. The arrogance of those people in Congress. They're nothing but big show offs in front of the cameras. They act all high and mighty, they are the ones who wrote and voted on TARP. Why the hell didn't they put tougher restrictions and rules in it? They ask Geitner a question and cut him off before he can even answer. Just rude assholes
Printer Friendly | Permalink |  | Top
 
DeepBlueC Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-24-09 05:54 PM
Response to Reply #2
4. yes, that question-only-no answer-required
I've-got-that-covered-myself technique had me bristling too.
Printer Friendly | Permalink |  | Top
 
JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-24-09 06:10 PM
Response to Reply #2
9. This is Secretary Geithner's opportunity to speak directly to the
American people. He is impatient, arrogant and condescending in his manner. Get someone into that position who can be a spokesman for the administration. The Secretary of Treasury does not normally need the kinds of people/communication skills that are needed at this time.
Printer Friendly | Permalink |  | Top
 
Thrill Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-24-09 06:15 PM
Response to Reply #9
13. You must of watched a different hearing than me. Geitner wasn't arrogant at all
The ones asking him questions were. He couldn't even get a chance to answer them.

Watch it here

http://cspan.org/Watch/watch.aspx?MediaId=HP-R-16671

And tell me who is arrogant and condescending
Printer Friendly | Permalink |  | Top
 
democracy1st Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-25-09 01:51 AM
Response to Reply #13
20. agree he must have watched freerepublic tv
Printer Friendly | Permalink |  | Top
 
JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-25-09 01:55 AM
Response to Reply #13
23. That is Geithner's challenge. He has to answer that arrogance
and condescension in such a way that he wins over his audience. Obama does it very well. Even Bernanke performed better than Geithner in that respect. These Congresspeople are Geithner's judges and jury (as are the American people). They are his bosses. Geithner needs to treat them with humility. They are not wasting his time. They are performing their oversight obligation. He needs to let them know that he respects their work and understands why they are questioning him. They are doing their jobs. Parr of his job is to answer their questions respectfully.
Printer Friendly | Permalink |  | Top
 
JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-25-09 01:58 AM
Response to Reply #2
24. Actually, in my work, I have dealt with professional assholes on a regular basis.
My advice to Geithner is based on experience. I have dealt with some of the meanest of the mean. I am a tiny little woman, and when people see me, they don't understand how I can do my job. Charm and patience get you everywhere.
Printer Friendly | Permalink |  | Top
 
earth mom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-25-09 02:01 AM
Response to Reply #2
25. Congress is deflecting the blame. But that doesn't make Geithner blameless either.
Edited on Wed Mar-25-09 02:02 AM by earth mom
Geithner needs to go and so does most of Congress.
Printer Friendly | Permalink |  | Top
 
DeepBlueC Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-24-09 05:52 PM
Response to Original message
3. I thought both of them showed well today
They bristled a bit when there were direct challenges to their ethics. I thought their response was unequivocal and emphatic. What would be worse would be to appear to be weaseling on such responses. I found them both credible.
Printer Friendly | Permalink |  | Top
 
Egnever Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-24-09 05:54 PM
Response to Original message
5. They ARE the experts
And congress is mostly grandstanding and nipping at their heels while trying to score political points by fueling anger in the sheeple.

I would have an attitude as well were I them. Most of the stuff spewing from the congresspeoples mouths is nonsense.
Printer Friendly | Permalink |  | Top
 
MannyGoldstein Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-24-09 06:04 PM
Response to Reply #5
7. Experts At Mayhem
Financial industry deregulation, almost-free trade with China, and now the Great Banker Bailout of 2009.

Wow!
Printer Friendly | Permalink |  | Top
 
Egnever Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-24-09 06:14 PM
Response to Reply #7
12. Thats experience.
Clearly you prefer someone with none
Printer Friendly | Permalink |  | Top
 
MannyGoldstein Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-24-09 06:54 PM
Response to Reply #12
18. You're Right. The Experienced Cheney and Rumsfeld Were Keepers
Let's put Brownie back at FEMA.

Wait... how about we put in *experienced* people who do not have a *successful* record of *supporting* the middle class. What a nutty idea, huh?!!!
Printer Friendly | Permalink |  | Top
 
JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-24-09 06:11 PM
Response to Reply #5
10. There are lots of experts in universities who are used to answering
stupid questions without arrogance. Obama needs to find one of them to speak for his administration.
Printer Friendly | Permalink |  | Top
 
Egnever Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-24-09 06:12 PM
Response to Reply #10
11. Why?
Why suffer fools?
Printer Friendly | Permalink |  | Top
 
JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-25-09 01:52 AM
Response to Reply #11
21. Because you need their support. Because you need them to understand and trust you.
Geithner is talking to a jury. He needs to slow down and explain what he is doing in clear language that ordinary people can understand. These hearings are his chance to talk directly to the American people. They are teaching opportunities. He is missing these opportunities. He sees these hearings as a pain in the neck. I admit the theater behind him is probably disconcerting, but he should view these hearings as opportunities to communicate his ideas to Congress and the American people. He seems to view them ans an annoying waste of time. This is his job. He is not a technician any more. He needs to act like a statesman.
Printer Friendly | Permalink |  | Top
 
MarjorieG Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-24-09 06:33 PM
Response to Reply #10
17. Communication isn't the only prerequisite, and lesser than solving problems.
Printer Friendly | Permalink |  | Top
 
JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-25-09 01:48 AM
Response to Reply #17
19. Geithner has his place at Treasury, but Obama needs a
person who is capable of dealing with the public in the Secretary's office. Geithner may improve, but thus far, he is too impatient, talks too fast and acts arrogant around those he considers to be his less knowledgeable than himself. He seems to say: "Who are you to ask me to explain what I am doing or why I am doing it. I'm in charge here, and you Congresspeople should just let me do what I want without oversight." We had enough of that with the Bush administration. Geithner may not really think that way, but that is the way he acts. Maybe he can learn. He needs to know how he comes across.
Printer Friendly | Permalink |  | Top
 
bigwillq Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-24-09 05:56 PM
Response to Original message
6. I'm not a Geithner fan
but he's here to stay (at least through the first term, I think). We can only wait and see if his plans will work.
Printer Friendly | Permalink |  | Top
 
NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-24-09 06:17 PM
Response to Original message
14. Why do they have you believing Geithner got us into this mess?
Printer Friendly | Permalink |  | Top
 
sendero Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-24-09 06:26 PM
Response to Reply #14
16. Does the NY Fed ...
... have NO regulatory or oversight duties. Because ground zero of this disaster is NYC.

Printer Friendly | Permalink |  | Top
 
sendero Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-24-09 06:24 PM
Response to Original message
15. They don't WANT people to understand this..
... because if they did there would be outrage.
Printer Friendly | Permalink |  | Top
 
lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-25-09 01:52 AM
Response to Original message
22. I've decided that I do not care for Geithner and I've always puked at the sight of Bernanke and both
of them would support global currency. I think our President has a problem with both of them and I think you are right, President Obama should rethink Geithner's position.
Printer Friendly | Permalink |  | Top
 
JackRiddler Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-25-09 10:18 AM
Response to Original message
26. So you're saying "Operation Plunder the Planet II" needs a more presentable spokesperson?
Is that the problem with Geithner? How about an actor then? Someone reassuring, a fast learner. George Clooney? Didn't he have some kind of business training? James Cromwell might make a reassuring, fatherly presence for the Homeland Heartland, if you want to go with that.

Does it occur to you that the people have understood the "complex financial concepts" of banking piracy very well, and have a visceral sense of how the bottom line is coming out of their hides, probably a better one that Geithner's?
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu May 02nd 2024, 02:09 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC