Obama sees Geithner, Summers staying on (Obama calls Geithner and Summers "terrific advisers")

[Cali_Democrat]

http://www.reuters.com/article/idUSN2520716520100126

WASHINGTON, Jan 25 (Reuters) - President Barack Obama on Monday said he expects Treasury Secretary Timothy Geithner and White House economic adviser Larry Summers to stay in their jobs, and called them "terrific advisers."

"You know, we haven't had the conversation because my presumption is that they are staying. There's a lot of 'hue and cry' in Washington because this is what happens," Obama said in an interview with ABC News.

Some liberal supporters of Obama have criticized Geithner and Summers as being too cozy with Wall Street.

And it raised some eyebrows when former Federal Reserve Chairman Paul Volcker was the one standing at the president's side when he announced new bank rules.

Read more at link....

[Kitsune]

1. Well. I guess we know who's side he's on. *nt*

[ProSense]

2. Well, now people know.

So much for that.

[LWolf]

3. Of course he does. nt

[frylock]

4. heckuva job

[izquierdista]

5. Heck of a job, Timmy, Larry

[calico1]

6. Hey I hear GWB is free. Maybe he can give him a job!

Or how about Cheney?

[Dinger]

12. Yeah, Bipartisanship You Know (nt)

[w4rma]

7. Obama isn't going to be FDR, he's working on emulating Hoover! Argh! (nt)

[Bluenorthwest]

8. People I have heard him praise include:

Chuck Grassely, Rick Warren, Tom Coburn, Bill Frist, Donnie McClurkin, Ronald Reagan, John McCain, Olympia Snowe, Joe Leiberman....

[Skittles]

9. LOL

this dog and pony show just gets better and better, doesn't it? :rofl:

[Bullet1987]

10. We all want them canned...but realistically

we're probably stuck with them the entire first term. If Obama gets re-elected, then he'll probably replace them. Policy-wise it's smart to do it now, politically...it may not be the best moment.

[Sebastian Doyle]

13. Well, considering a serious improvement in the REAL economy is needed for his re-election

Then I would say that politically AND policy wise, it's time to dump the three stooges of Wall Street criminal banking.

And replace them with people who actually GET the fact that Gold Mansacks criminals with billion dollar bonuses is NOT an economic recovery.

[autorank]

11. No accounting for taste n/t

Ship of State… or Ship of Fools?

The Money Party at work. We keep
doing the same things over and over
and expect different results.

[neverforget]

14. "terrific advisors"? for the wealthy sure. for the rest of us, not so much.

[bvar22]

15. It just keeps getting worse.

Is there anyone who still believes that Obama has the interests of the Working Class in his heart?

[Irish_shark]

16. No politician would say, "Yes. I am planning to fire X official"

Has any President ever answered yes to the question of whether he plans to replace someone? It would be insensitive and counterproductive. I believe Geithner is going to be pushed out.

[Hell Hath No Fury]

17. Well, there you go.

"Terrific advisors".

Jesus fucking christ. :puke:

[Autumn]

18. Well he sure is loyal

wish he would spread some of that loyalty around.