And another one bites the dust: Treasury Dept nominee bails…make that two
Wow. The rats keep jumping off the sinking S.S. Treasury Department.
Timothy Geithner stands alone…again:
The person Treasury Secretary Timothy Geithner wanted as his chief deputy withdrew from consideration Thursday, dealing a setback to the agency as it struggles to address the worst financial crisis in decades.
Annette Nazareth, a former senior staffer and commissioner with the Securities and Exchange Commission, made “a personal decision” to withdraw from the process, according to a person familiar with her decision.
The decision followed more than a month of intense scrutiny of her taxes and multiple interviews. No tax problems or other issues arose during Nazareth’s vetting, said the person, who requested anonymity because Geithner’s choice of Nazareth was never announced officially.
“She did put a great deal of consideration into the potential of taking the position, and she concluded that she really enjoys what she’s doing now,” this person said.
Though popular in policy circles, Nazareth has drawn criticism for her role in creating what some considered to be lax oversight of the banking industry.
Nazareth, 53, a partner at the law firm Davis Polk & Wardwell, could not be reached for comment. Treasury and White House officials said they would not comment.
Geithner has been criticized for staffing his department too slowly as it grapples with a banking crisis that has crippled the economy. Uncertainty about Treasury staff also has unnerved financial markets.
And there was another:
Geithner’s choice for undersecretary of international affairs, Caroline Atkinson, also withdrew from consideration, the Wall Street Journal reported Thursday.
Cue Queen’s “Another One Bites the Dust.”
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Doesn’t want to be a part of the smoothest transition in the history of the United States?
Must’ve had something better to do.
Aen’t there some out of work Soviets he could tap?
*Paging Lindsey Graham*
said the person.. I know nuttink Col Klink.
*I nominate Charlie Rangel; They share a similar background, so would work well together.
None of obama’s court jesters are very funny. But, that’s what you get when you hang around with a bunch of fools.
I have also instructed the Obama administration to withdraw my name from consideration for any position they may have in mind for me. I am not aware of any but I don’t like surprises. Surely they must, after all, be getting close to the bottom of the barrel. That’s where I live. California.
Another two of Commnader Zero’s troops are deserting. I guess even liberals have trouble following someone with a room temperature IQ.
But isn’t he much smarter than Bush? I don’t get it. The world was supposed to be all rosy and stuff by now.
BTW, I saw a picture of Big O on a car today. It read,”No, we can’t”. I shrugged.
I guess Chapoutier better get ready for the phone call. Hope you haven’t been paying your taxes, Chappie. That’d disqualify you.
If Nazareth has no tax problems she doesn’t fit in.
Why don’t they just ask Bwarney Fwank or Chris Dodd to act as Tax Cheat Geithner’s deputies? After all I feel like I have been watching an episode of the 3 Stooges since ‘dear leader’ was sworn in so we might as well have 3 of them to laugh at as they flail along completely clueless in the dark.
ΜΟΛΩΝ ΛΑΒE (mo-lone lah-veh) Translation: Come and take them!
Chap is way too droll for the BHO administration. His posts have been very amusing lately, though
You can’t buy comedy like this ROTFLMAO!
Its also funny how the Blame Bush thing is not being picked up. Obama has repeatedly used the line “The failed polices of the last 8 years” to little effect.
“W” is keeping a low profile and it just isn’t resonating. People are tired of the Bush bashing and want results from the new guys who did all the criticizing. The blame game is old.
Even the assault on Rush Limbaugh is a lame attempt to pass the buck and divert attention. Its legs will be short and Rush will ultimately turn it on them. He has more power and influence than they think. It was a stupid idea to begin with but they are running out of villians and the focus is on the new administration.
Why would someone turn down a cabinet appointment? Those are once in a lifetime opportunities to serve your country and it is always good on your resume. Speaking fees, seminar tours, book deals, consulting work, corporate boards, TV interviews alone can give you a good paying job for years. For a politico, it is as good as it gets. If you paid your taxes and had no marital affairs. Oh sorry, those are ok too.
Everyone is concluding this job is too big for Geitner and they don’t want to take a cruise on the Titanic.
The Obama decision making process is a mess. His administration is the biggest joke going because you can’t find a socialist progressive democrat that does anything legally and with integrity.
It’s telling that so many people are bailing on teh administration.
That said the country can’t function without a govt in place. The “O” may not be helping the country, but the govt is paralyzed without these functionaries in place.
These are reversals ARE telling, but NOT good for anybody.
Imagine the problems Bush had in transitioning when Gore would not give up. It delayed his administration for months.
I thought Obama was given all considerations to have a smooth transfer? He was a organizer. What happened?
And I might add that President Bush began his term with an inherited recession.
The oceans were either going to rise or recede – not sure which, but, we would heal – again not sure from which malady? Be careful what you promise (as any parent knows when talking to a 4 yr. old), and be careful what you wish for….& ‘Bambi, don’t recycle the same old crooks that got the Clinton’s in such hot water.
On March 5th, 2009 at 9:11 pm, T-Bone said: ((#15)
Only for Dems.
I am not surprised that rats are avoiding the ship that is about to sink. Even rats have intelligence, even if it does only involve cheese, tax avoidance and the talk-show circuit.
After watching Geithners absurd remarks for the last couple of days, it is very clear to me why nobody wants a job working with him. Neither a serious business person nor a serious financial one can possibly believe the garbage he has been spouting.
I guess this is Obama’s version of Transparency. The truth is going to get out because there’s so few people left behind to lie for him.
It’s that whole reality thing. Don’t it suck when the real world gets in the way of pie-in-the-sky dreaming?
Because the hole in the hull is the size of a Mack Truck and growing by the minute. These idiots that put this POS fraud in power have already figured out that maybe they should have done a little research before voting and now they want no part of being in the history books (or scribed on cave walls if everything really goes south) as being a part of the administration that ruined this country.
On March 5th, 2009 at 8:18 pm, AlohaGuy said:
Yes. Gorbachev is angling for an appointment…
On March 5th, 2009 at 9:51 pm, hunter said:
Or started the second civil war, for that matter.
Well stated.
Now the FDIC needs a bailout… I’m predicting a market crash tomorrow. Any takers on this bet?
I hope that you aren’t taking any bets that are not backed by gold silver or coon skins, because paper money is soon going to be worth stacking on the shelf in the outhouse and nothing else.
Wha?????
But, everyone wanted to be a part of history just 4 months ago
Pretty soon, Obama’s people are going to weed through all the remaining candidates and the only one left will be that dude that gave us the ‘just gettin his Thug Thizzle on‘ video
(And that one homeless guy at the Seattle Tea Party)
When you stop smoking the weed and the flashbacks finally quit melting the wallpaper designs into 3-D Picasso sculptures, you discover there’s no conspiracy and the real worlds a biatch.
Wow lookin’ good on the appointments! Don’t let the door hit you on the way out!
Perhaps the “Going Galt” movement has spread to the Beltway…
Who would want to take a cushy, high paying government job if you are going to loose it all to taxes anyways?
I also saw this on Foxnews.com:
Now correct me if I am wrong, but shouldn’t the Chairman of the Senate Committee on Banking, Housing, and Urban Affairs have some clue what is going on.
He might be an improvement.
How can anyone cling to the illusion that this “elegant man” is anything but a globe-threatening nincompoop when it seems that He can’t get ANYONE to serve in his Kingdom?!? If He was truly The One, you’d think that there’d be riots at the gates of the White House as desperate applicants proffered their resumes and fealty to The One. Not happening for some reason.
RAAAAAAAAAAAACIST!!!! Paging Revs. Al & Jesse. Paging…
I got the over/under at yet another -275
Unfortunatly, I will take the under … sigh …
I also think there is more ‘missing information’ regarding where this money is to be directed to.
I nominate Joe the Plumber.
I thought this was an emergency.
He is too smart to get mixed up in this mess (cause he realizes that as a conservative he would be made the scapegoat).
We don’t need the stinking government – “Country cannot run without the government” – HA HA – I would prefer that they all quit – including all the senators – Like Rush says if the politicans are doing nothing it is good for the country.
That would solve multiple problems. First it would stop the budget deficeit from growing any larger, second it would stop the furthering of the socialistic agenda and last but not least it would stop the emmision of greenhose gasses coming from politicians that are full of themselves.
That’s the new Presidental song now. Another one bites the dust. More accurate and appropiate than Hail to the Chief.
Darn, it was just so important that we have these two in Treasury. They were the wonderkids that could have brought us out of this crisis, no matter what kind of personal issues they have. (sarcasm off) Wasn’t that the line we were fed about Geither? Wouldn’t we have been better off if most of our elected officials wouldn’t have listened to that line of BS?
I prefer to think of it as ships deserting a sinking rat.
Just think of the money we are saving by not having these positions filled. Two, if the positions aren’t filled, they can’t do anything. That alone is a plus. Let nature take its course!
It looks like some are finally paying attention to the man behind the curtain, and realized that they’re not in Kansas anymore.
Anyone who is rational knew that Obama was not ready for this job. It’s becoming more and more clear to those still in denial.
His choices for his cabinet are proving themselves to be horribly bad.
As for Annette Nazareth, she used “personal reasons” as her excuse. Well… any time you turn down a job or leave a job and the real reason is you think the boss is an incompetent idiot, or just a jackass, the reason stated for leaving is usually “personal reasons”.
Yeah… she sees the writing on the wall and despite the long term perks of a cabinet job, she just say.. “No no no..”
Smart gal.
And speaking of bad nominees…
dissuade? deter?
Ahmadinejad must be laughing his a$$ off right now. Clinton thinks she can talk her way to a solution. That’s exactly what Iran wants the US to think. “Yes Hilary, keep talking to us.. while we toil away in the back room building our bomb.”
O/T sort of but I think it’s related in the Obama’s pick as disastrous.
No tax problems? Maybe that’s why. LOL
…and prevent? D’ja miss that one?
Nope. You missed the point though.
Poor “TurboTax” Tim must be feeling lonely…
Quagmire.
Obama Priority #1:
We can’t fall to socialism if
we’re prospering.
Mission Accomplished n’sh*t!
Know what I’m sayin’ ???
Maybe he should tag that Monopoly guy…
Oh do tell me what your point was, then. Because you seem to purposely and disingenuously ignore the fact that Clinton clearly leaves more aggresive measures on the table.
mmm What about Vladimir Posner, remember him from the Reagan/Gorby years? Is he available? He speaks beautifully.
Looks like the “secular-progressives” now realize that all their bomb throwing is killing themselves as well as their enemies. Ain’t Karma a bi**h?
It is starting to look like that all we have to do to get out of this debit economy is to keep nominating democrats for high office and thereby forcing them to pay their taxes, even though they are exempted from paying late fees and penalties there appears to be a lot of money to be collected. We just need to nominate a lot more of them…….just a thought…the republican ‘leaderdingie’ would never be so mean to cause such embarrassment to their great and good friends.
Shouldn’t that be a resume enhancement? A perfect fit?
Perhaps she’s holding out to run for congress.
Who really wants to work for a crook? a liar? a moral relativist?…
Oh…. I forgot… Timmy already signed on with Obie’s crew…
Next Up: Drag a $20 thru Wallstreet and see who bites.
What’s the possibility that Geithner will now offer these jobs to illegal aliens, claiming these are jobs that Americans won’t do?
damn, life was sooo much easier when i was an academician or serving on those think tank jobs. now people expect me to actually know what i’m doing and do it, and i haven’t read that far in my textbook. life used to be like a sociology class, as long as you stay away from saying you really really like your mom, there weren’t any wrong answers. this is like those damn math classes, and those graders on wall street aren’t giving partial credit for wrong answers but a good effort.
Ah, man–
as a ‘Year of the Rat’-born person, I am offended at all the rat stereotypes used here.
LOL….so true so very very true.
Well, the GM CFO will probably be available shortly.
I think she decided there is more cash to be had by working for AIG or Citibank. Parties, retreats, bonuses wtc. that civil servants just to qualify for.
On a somewhat related note, my wife made an observation this morning about OB. She said since he came from humble beginnings, he’s living kind of like the kids from the projects that get drafted by the NFL or the NBA. Suddenly having more money than they know what to do with, they just go on a reckless spending spree.
Looking at the Wednesday night Kobe beef parties at the Whitehouse, the Friday night date nights and Michelle’s weekly flights back to Chi town to hang with her friends, I realized she’s right. These are people drunk with money and power without a manager to hold the leash. Next thing ya know they’ll be underage coke & hooker parties in the Whitehouse and dog fighting at Camp David.
I predict that the first black POTUS in history will also be the first black POTUS to be thrown out of office before his first term ends. I am very serious when I say this. He is not going a good job. And when people who should be thrilled to be in a presidential administration decide they don’t want to…that is very telling. The Soros Golden Boy is rapidly turning into a “pig in a poke”. (Google that phrase…it is a perfect description of Obama, AND it has pork in it!)
Neither purposely ignored nor disingenuous about it. My opinion of what she means by “prevent” is to convince them with talks that building a nuke is not in their best interests. That’s been the Dems way and there’s nothing “on the table” as you say that says they’ll ultimately handle it any differently.
And the point is simply that the Democrats are hell bent on doing things differently than the “Evil Bush Regime”.. namely, as Obama himself has said, he wants to talk.
Well, it’s been demonstrated by history that despotic regimes such as Iran and North Korea love to “talk” to the West. They’ll give Hilary tidbits to take back to the White House and little hints that they “might” consider cooperating… if only the deal is just right. Oh… they won’t stop their nuke program while these talks are going on. And ultimately, they’ll reject any deal as an insult or as meddling in their internal affairs. Then they’ll build what they want anyway. In this case… a Nuke.
So to me, the word “prevent” in this administration’s vocabulary means anything BUT the use of force. Which I suspect is how you may have interpreted the use of the word.
By the way, I enjoy reading your posts here. Even if there are few issues we’d ever agree on. Cheers.
oh…and don’t be so condescending Chap. It makes you seem rather unfriendly.
Let me apologize for coming off cranky. It was unnecessary.
But come on…”prevent” has a very clear meaning, especially when juxtaposed with “dissuade” and “deter” i.e., diplomacy and sanctions.
But if all we are going to do is argue semantics or what such and such could mean or may do in the future, it is probably pointless.
Fair enough. It could in fact mean that she would intend to use force. But given Obama’s stated positions on these issues, do you really think that’s likely? I just don’t believe she has that much pull or that she’s got the administration behind her in that regard.
But I’ll say this. It’s probably accepted by most that she is the least likely person in the cabinet that one would want to mess with. aka.. she’s probably the most hawkish. But I don’t think that’s the administration’s stance.
And thanks. No apology was needed, but appreciated and accepted.
Try to sound less gleeful, Michelle. It sounds almost like you want Obama to fail!
Annette Nazareth suffered a sudden attack of “Reality Awareness Terror Syndrome” (RATS) – it afflicts without warning to anybody finally realizing that they are about to step foot onto a sinking ship.