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Post by privateinvestor on Jul 5, 2011 13:08:12 GMT -5
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Post by ed1066 on Jul 5, 2011 13:30:35 GMT -5
I could write a thousand words, but...  |
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deziloooooo
Senior Associate
Joined: Dec 20, 2010 16:22:04 GMT -5
Posts: 10,723
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Post by deziloooooo on Jul 5, 2011 13:35:00 GMT -5
People do leave after one term..this paragraph says a lot IMHO..
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"On other appointments, Republicans have already said they would oppose anyone to run the CFPB, and it remains in doubt whether any appointment can be filled there if Republicans make good on threats that they will continue to hold the Senate in session during recesses.
The GOP has succeeded in blocking Joe Smith, a North Carolina state bank commissioner, to lead the FHFA. It has also forced the administration to drop the nomination of Peter Diamond, a Nobel Prize-winning economist, to serve on the Fed.
Mills noted that filling vacancies is challenging because of the partisanship in Congress"
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I would think the populace would like this to stop already..confirm already and then take ones frustrations out at the ballot box, but to not confirm just because of partison politics..not have these important people in these important positions just because of political one up manship , is not what they, populace, wants...yet it seems that is what has happened.
I would feel the same way if the shoe was on the other foot..and it was a Republican POTUS who's appointments were being held up by the Democratrs for Political reasons..
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Post by privateinvestor on Jul 5, 2011 13:44:38 GMT -5
Here you go ed ..... this pretty says it all ...I think??
Treasury Secretary Timothy Geithner. “Everything is falling way behind schedule and I don’t see them picking it up; people are leaving rather than coming,” said Dean Baker, a co-director of the Center for Economic and Policy Research.
If Timothy Geithner steps down as Treasury secretary, it would spotlight an increasingly apparent liability for the Obama administration as it searches for a way out of the economic crisis -- the weakness of its bench on economic and financial services policy, where a number of crucial vacancies loom at a fragile time for the financial system.
While the administration's economic attention has been consumed by the struggle to strike a budget-cutting deal that would lift the debt limit before the economy is further rattled by the threat of a default, critics have been complaining that there is little attention or manpower devoted to other pressing issues. Having to take time and energy away from limited resources to focus on replacing a Treasury secretary would only add to those problems, analysts said Friday.
“It makes matters worse,” said William Longbrake, an executive in residence at the University of Maryland and the former vice chairman of Washington Mutual. “What about the rest of the economics team? There doesn’t seem to be a whole lot there to actually help the president formulate good sound economic policies as well as good sound political strategy. Everywhere I look, the people who have been guiding the president’s economic policy are all either departed or shortly will depart.”
It is well known that Austan Goolsbee, the chairman of the President’s Council of Economic Advisers, is on his way out; Jared Bernstein, Vice President Joe Biden’s top economic adviser, has already left; and Jeffrey Goldstein, the Treasury’s undersecretary for domestic finance, also has announced his exit.
But what has gotten far less attention is that the administration has put little emphasis on new solutions to the painful housing correction, and has almost no permanent financial regulators in charge of implementing all the reforms Congress passed last year that were intended to protect taxpayers from another financial catastrophe like the one that cost so many people their jobs, homes, and retirement savings.
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Post by BeenThere...DoneThat... on Jul 5, 2011 13:46:46 GMT -5
...well, I wouldn't want to work there...  |
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Post by privateinvestor on Jul 5, 2011 13:48:05 GMT -5
...well, I wouldn't want to work there... Do you play basketball or golf?? The underlying message here though is that without the players in the Obama Administration, then how can they save his presidency in 2012??? Rats Leaving a Sinking Ship -------------------------------------------------------------------------------- Legend has it that rats will leave a sinking ship, but is this true? Ah-har me hearties and shiver me timbers! It's an old folklore legend which may have some truth in it, but how can we be sure? |
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Post by BeenThere...DoneThat... on Jul 5, 2011 13:51:57 GMT -5
...and his presidency should be "saved" why/how again? |
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Post by privateinvestor on Jul 5, 2011 13:56:08 GMT -5
...and his presidency should be "saved" why/how again? By not having a stong republican opponent??? Or by voters not bothering to vote in the Presidential elections in 2012?? Or you are asking the wrong guy...I am just here for the free drinks, snacks, and entertainment shows...in case you are wondering what is a nice guy like me doing in a place like this.. |
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zibazinski
Community Leader
Joined: Dec 24, 2010 16:12:50 GMT -5
Posts: 47,866 
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Post by zibazinski on Jul 5, 2011 19:21:39 GMT -5
HIS "people" cost the taxpayers 37 mil a year.
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Post by privateinvestor on Jul 5, 2011 19:38:43 GMT -5
HIS "people" cost the taxpayers 37 mil a year. That is NOT much bang for your buck IMHO |
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Jake 48
Senior Member
keeping the faith
Joined: Dec 20, 2010 16:06:13 GMT -5
Posts: 3,337 
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Post by Jake 48 on Jul 5, 2011 19:47:11 GMT -5
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