Is the incompetent Geithner capable of doing anything right?

One would think after the AIG bonuses fiasco, the Treasury Secretary Geithner would have taken his job more seriously. Wrong!

Just yesterday (3/25) this incompetent Geithner with no common sense open his big mouth saying China’s suggestion of replacing the dollar with basket of currencies as world reserve currency “deserves some consideration”! His remark cause a dollar free fall until he “clarify” his remark later in the day.

If we looked at the rollercoaster ride of dollar which is the second fiasco Geithner has caused in not so many days, he is incompetent at best. If we are more cynical, we would wonder if Geithner has done in purpose to let some currencies opportunists making a quick profit and demand an investigation!

Regardless, Geithner right now is seeking more power to regulate companies. While we agree some kind of oversight may be needed, we have no confident at all this incompetent is capable of doing the right thing and one really needs to ask Obama, why you still keep this guy on the job?

Too Much Too Soon or Too Little Too Late?

The liberal presses finally start to criticize Obama or at least start to question his policies. But those liberal presses seems still tying hard to give Obama some excuses to perform poorly. The most ridicules one is Obama trying to do “too much too soon”!

Too much too soon? Those liberals must live in a different world! What we have seen is two month of do little that is next to nothing! No wonder the stock market dropped to 12 years low AFTER he took office! The market is result driven. When the market sees Obama is nothing but empty talks, market reflects. Only this Monday it seems Obama finally is going to take some steps to tackle the problems.

While we can’t say for sure what Obama has done is too little too late, we are sure it is NOT the liberal’s fantasy of “too much too soon”!

Geithner Must Go

From the fiasco of the AIG bonuses it shows the Treasury Secretary Geithner is totally lack of common sense lack alone political sense. The excuse of giving bonuses is so lame that only a fool will believe. First of all, most if not all of those executives receiving bonuses should be fired for loosing so much money in the first place. Even for those who are running units that were profitable, in today’s employment climate where would they go to find another fat cat job? Even they do leave; they are so many capable people in the market to fill the shoes. No one is irreplaceable and that applies to Geithner too!

Geithner with his own tax problem should not been nominated and confirmed to begin with and by backing this foolish guy, it also shows Obama’s slogan of “Change” is nothing more than a smoke screen.