(DOWNLOAD) "Leftward No! will Obama's Bailouts Cost Him His Base? (Economy) (Barack Obama)" by The American Conservative * Book PDF Kindle ePub Free
eBook details
- Title: Leftward No! will Obama's Bailouts Cost Him His Base? (Economy) (Barack Obama)
- Author : The American Conservative
- Release Date : January 06, 2009
- Genre: Politics & Current Events,Books,
- Pages : * pages
- Size : 62 KB
Description
IS TIMOTHY GEITHNER a toxic asset? A lot of liberals apparently think so, and they are not planning to bail him out. The tax-troubled Treasury secretary finally unveiled a program that was well received on Wall Street, but his gambit to have the federal government purchase bad bank assets sent his stock among liberal commentators into freefall. New York Times columnist and Nobel laureate economist Paul Krugman blasted Geithner for persuading President Obama to "recycle" the Bush administration's "cash for trash" policy. "This is more than disappointing," Krugman lamented. "In fact, it fills me with a sense of despair." Arianna Huffington was even blunter, saying, "just take the steering wheel out of Geithner's hands." Fellow liberal blogger John Aravosis opined, "I don't like the idea of piling on our new president so early in his tenure, but Geithner has lost the public confidence." Markos Moulitsas of Daily Kos, dean of the netroots, concluded, "Geithner is starting to look like Obama's Rumsfeld."
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