brucekrasting.com / By Bruce Krasting / January 25, 2013
Today is the last day that Tim Geithner will be Treasury Secretary. The Treasury Department has a blog post that highlights Tim’s contributions. Coming from his co-workers, you’d expect fluff and accolades, and that is what was dished up (I’m sure Tim edited every word). The post lists 75 “accomplishments”. I found a few of those interesting.
64. He played basketball with Chinese high school students in Beijing and swung a cricket bat in India.
55. Secretary Geithner and the President fought for and extended the payroll tax cut at the end of 2011 payroll tax cut despite fierce opposition.
Yeah, Tim fought hard for spending bucks during the big election year. What happened 6 weeks after the election? Tim and Obama ramped those payroll taxes back up. # 55 should read: “TG got the PR tax extended, it proved to be a factor in the election. It was good deal for the Administration, it only cost the taxpayers $125 billion.”
59. During Secretary Geithner’s tenure, Treasury chaired the Partnership for Arab Countries in Transition, and initiating other measures to strengthen institutions and markets in support of the Arab Spring.
I’m thinking Tim’s bank, The Federal Financing Bank, was making loans for weapons? Anyway, it’s hard to look at N. Africa and the rest of the ME and call it a success.