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Did Geithner Orchestrate Another UPDATE: Just days after meeting with Barack Obama, Billionaire Investor Warren Buffet just happened to decide to invest $5 BILLION in BOA Stocks – at a rock bottom price. FAX CONGRESS – DEMAND TIMOTHY GEITHNER BE FIRED! – SELECT HERE
On a totally unrelated note, Buffet has announced he will host a $35,000 a plate fundraiser in New York City for the Obama 2012 Campaign. What a sweetheart. Can you say sweetheart deal? I wish I were making any of this up. Sadly, I am not. And in just one week's time, Buffet's investment is worth $700 million more than when he bought it. For that kind of money, who wouldn't throw Barry an expensive party? FAX CONGRESS – DEMAND TIMOTHY GEITHNER BE FIRED! – SELECT HERE
Ask yourself, WHY is a man with such a dismal and FAILED record running the United States Treasury? And how much longer can Barack Obama – and the American people – possibly cover the costs of Geithner's shady incompetence and cronyism? More to the point, why on earth should the American people HAVE to cover the costs of Geithner's shady incompetence and cronyism? Geithner MUST GO! FAX CONGRESS – DEMAND TIMOTHY GEITHNER BE FIRED! – SELECT HERE Geithner has FAILED the American people – and now he must be FIRED! In April, while begging for a debt ceiling raise, Timothy Geithner told Fox Business News there was "ABSOLUTELY No Risk" the U.S. would lose its AAA Credit Rating! Yet, Standard & Poor's just downgraded America's debt rating for the first time EVER in history, despite Geithner and the Obama administration's incompetent insistence that there was "ABSOLUTELY NO RISK" of downgrade by S&P or other ratings houses. FAX CONGRESS – DEMAND TIMOTHY GEITHNER BE FIRED! – SELECT HERE The incompetent and malicious Geithner has a long and notorious history of selling out the American taxpayer at the expense of Wall Street and money fat cats – and then trying to cover up his tracks, suppressing evidence and intimidating witnesses who might expose his money trail! Several excellent reports have been done this year, including a damning exposé feature in the New York Post. From Geithner's handling of TARP, to his massive Wall Street bailouts involving millions in executive bonuses to insurance giant AIG, and tens of billions in hidden payments funneled from AIG to favored banks, to his earlier career as NY Federal Reserve Bank President (where Geithner worked to reduce the capital required to run a bank, helping create the banking risk and credit crisis in the first place!) – Tim Geithner has FAILED AMERICA!
FAX CONGRESS – DEMAND TIMOTHY GEITHNER BE FIRED! – SELECT HERE The jig is up! Geithner needs to STOP dumping risk on taxpayers and leaving consumer fiscal wreckage in his wake – and leave the "big players" on The Street to compete fairly. But "playing fair" is an alien concept to Geithner. He is a known tax cheat on his personal taxes, yet a relentless campaigner for higher taxes on We, the American People! Extending his duplicity, Geithner pushed through tens of billions of dollars in backdoor bailouts to banks, and then tried to cover it up – even Wall Street traders were outraged. That came to light 18 months ago, but Barack Obama and his cronies have kept him in power: UNTIL NOW! NOW THE U.S. HAS LOST ITS AAA CREDIT BOND RATING, AND LOSS OF OUR STATUS AS THE WORLD RESERVE CURRENCY IS NOT FAR BEHIND! FAX CONGRESS – DEMAND TIMOTHY GEITHNER BE FIRED! – SELECT HERE All of his shenanigans are enough on their own demerits to require removing Tim Geithner. However, his massive lie (or incompetence) now has resulted in the credit rating downgrade which swiftly befell these United States when he got his hard-lobbied debt ceiling raise WITHOUT the massive spending cuts the rating agencies demanded. Immediately upon uttering his totally false public reassurances that there was "Absolutely No Risk" of such an outcome, Geithner and his boss Barack Obama OWNED this downgrade, and all the economic damage that follows! It is a fact: we cannot yet FIRE Barack Obama, but Timothy Geithner is a clear and present danger to the fiscal health and moral fiber of the Republic – and must be fired NOW. ENOUGH IS TOO MUCH! JOIN Conservative Senator Jim DeMint, Congresswoman Michele Bachmann, Congressman Ron Paul, Senator Jim Bunning, Congressman Connie Mack, presidential candidate Herman Cain and countless others – DEMAND that Timothy Geithner be FIRED as U.S. Treasury Secretary TODAY! God bless America, Lynne Roberts
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Buffet claims he "dreamed" the idea while soaking in a bath tub the day after meeting with Obama, reports CNBC Business Reporter.
A little digging shows that Timothy Geithner has been propping up Bank of America, benefitting buddies, and enriching cronies along his merry way for a very long time. As NY Federal Reserve Bank President, Geithner was the key figure in conning Congress and former President Bush into the TARP bailout – of which Bank of America gobbled up over $25 BILLION. At the time, Geithner insisted this would return the banks to solvency. Yet three years later, BOA still found itself so dangerously short of cash investors have been driven to abandon the stock en masse. Yet Geithner is responsible for this too. It was Geithner after all who worked to weaken regulations and reduce the capital required to run a bank.