Author Topic: House Dems: "Obama needs a new economic team"  (Read 360 times)

Soul Crusher

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House Dems: "Obama needs a new economic team"
« on: November 18, 2009, 06:23:09 PM »
House Dem: 'Growing consensus' among liberals to dump Secretary Geithner
The Hill ^

Posted on Wednesday, November 18, 2009 7:39:29 PM by Sub-Driver
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House Dem: 'Growing consensus' among liberals to dump Secretary Geithner By Jordan Fabian - 11/18/09 06:50 PM ET

A Congressional Progressive Caucus (CPC) member said there's "growing consensus" among liberals that Treasury Secretary Timothy Geithner should step down.

Rep. Peter DeFazio (D-Ore.) said Wednesday that he and other liberal House members are becoming increasingly tired of Obama administration economic policies that they say are too focused on maintaining the stability of Wall Street firms and largely ignore "Main Street."

"A growing consensus in the caucus [believe that Geithner should be removed]," DeFazio said on MSNBC this evening, adding that some lawmakers are "considering questions regarding him and other economic advisers."

DeFazio said that lawmakers have not yet drafted a plan to remove Geithner. The lawmaker also took aim at top Obama economic adviser Larry Summers for furthering many of the same policies favored by Geithner.

"We need a new economic team," said DeFazio.

The veteran congressman specifically mentioned last year's bank bailouts and the Geithner's handling of the collapse of insurance giant AIG. At the time, Geithner was head of the New York Fed in the Bush administration.

"We may have to sacrifice just two more jobs to get millions back for Americans," the congressman added.

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Unreal.  Where have the idiots been the last year? 

GigantorX

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Re: House Dems: "Obama needs a new economic team"
« Reply #1 on: November 18, 2009, 08:08:47 PM »
Eh. Just a new group of ideologues who let their personal social program fantasies take a back seat to common,financial and economic sense.

Meet the new team same as the old team.