Topic: Rep. Mack Calls For Geithner to be Fired over AIG Bonuses | |
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Florida Republican Rep. Connie Mack called for Treasury Sec. Tim Geithner to lose his job Wednesday, becoming the first Capitol Hill lawmakers to call for his ouster over AIG's using tens of millions of taxpayer dollars for executive bonuses.
"Quite simply, the Timothy Geithner experience has been a disaster. The Treasury Department is in disarray. Taxpayer dollars are being wasted. America's economy hangs in the balance. America needs and deserves a treasury secretary who can truly lead us forward," Mack said in a written statement. He called on Geithner, the former New York Federal Reserve chief, either to resign or be fired, and said President Obama should nominate a new secretary with "the experience and leadership skills America deserves." White House Press Secretary Robert Gibbs said Tuesday that Obama has "complete confidence" in Geithner, as lawmakers began to question why the Treasury Department didn't do more to prevent American International Group from paying $165 million in bonuses even after receiving more than $170 billion in federal bailout money. Though the administration claims Geithner found out about the bonuses only last Tuesday, Mack suggested he was more involved. "Before Timothy Geithner became secretary of the Treasury, he was working hand-in-hand with AIG and other financial institutions to provide them hundreds of billions of dollars of taxpayer money as one of the key architects of the financial sector bailout," he said. "I've had serious concerns about Secretary Geithner from the moment he was nominated. In the months since, he has shown us time and again why he was the wrong choice for this critical post." Geithner faced criticism during his nomination over personal tax problems but ultimately won confirmation. |
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These bonuses were written into their contracts before Timothy Geithner took office.
I say fire everyone, with so many people unemployed I am more than certain that these positions can be filled with competent people who are not biiased nor corrupt (yet). |
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These bonuses were written into their contracts before Timothy Geithner took office. I say fire everyone, with so many people unemployed I am more than certain that these positions can be filled with competent people who are not biiased nor corrupt (yet). yes but being that AIG is Now 80% Owned by us, when congress wrote the Bill they Could have made a Stipulation that no Bonuses were to be Given with Bailout money. and Geithner, Obama and the House and Senate Knew what they were doing when they Wrote this. I Agree Fire all of em! |
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These bonuses were written into their contracts before Timothy Geithner took office. I say fire everyone, with so many people unemployed I am more than certain that these positions can be filled with competent people who are not biiased nor corrupt (yet). yes but being that AIG is Now 80% Owned by us, when congress wrote the Bill they Could have made a Stipulation that no Bonuses were to be Given with Bailout money. and Geithner, Obama and the House and Senate Knew what they were doing when they Wrote this. I Agree Fire all of em! When was the bill originally written? I agree pretty $*^(_ foolish to relinquish the moneys (first bailout) without requesting any recordkeeping, responsibility or anything of the sort. 80% of AIG is 'ours' however, 80% of nothing = nothing (jmo) While I do not agree any bonuses should have been doled out, but this was decided before either took office, they are under contract to receive $x.xx amount as bonuses without every having to be productive nor effective. |
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These bonuses were written into their contracts before Timothy Geithner took office. I say fire everyone, with so many people unemployed I am more than certain that these positions can be filled with competent people who are not biiased nor corrupt (yet). yes but being that AIG is Now 80% Owned by us, when congress wrote the Bill they Could have made a Stipulation that no Bonuses were to be Given with Bailout money. and Geithner, Obama and the House and Senate Knew what they were doing when they Wrote this. I Agree Fire all of em! When was the bill originally written? I agree pretty $*^(_ foolish to relinquish the moneys (first bailout) without requesting any recordkeeping, responsibility or anything of the sort. 80% of AIG is 'ours' however, 80% of nothing = nothing (jmo) While I do not agree any bonuses should have been doled out, but this was decided before either took office, they are under contract to receive $x.xx amount as bonuses without every having to be productive nor effective. I Understand that the bonuses Were in the AIG Contract but the House and Senate Could Have Written in the Bill that No Bail out Money is to be Used for Bonuses and Nobody did that and Obama Signed it! |
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[I Understand that the bonuses Were in the AIG Contract but the House and Senate Could Have Written in the Bill that No Bail out Money is to be Used for Bonuses and Nobody did that and Obama Signed it! We could have also also asked for accountability on the first bailout handouts given. So many things we could have done but this is only hindsight. |
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[I Understand that the bonuses Were in the AIG Contract but the House and Senate Could Have Written in the Bill that No Bail out Money is to be Used for Bonuses and Nobody did that and Obama Signed it! We could have also also asked for accountability on the first bailout handouts given. So many things we could have done but this is only hindsight. the Question Now is Did "We the Sheeple Learn anything about Politicians and their Kind Smiles and this is Great For America Speak"? |
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Actually while I am 'almost
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Actually while I am 'almost ![]() Obama and Bush! |
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