Thursday, June 30, 2011

Geithner May Resign

Over the course of his eight years as President, I’m sure the number of senior-level (cabinet also) staff members who departed for whatever reason was easily in the double digits. People have lives, the pace of working for a President has to be staggering, and often times a better deal comes along (K Street?)

President Obama has just crossed over the 2.5 year point and the number of senior-level staff members has already passed into double digits. Today we learn the Sec of Treasury Tim Geithner is considering departing the Obama Administration. The list of departures is long, but one area was particularly hard hit; Obama’s economic team. Council of Economic Advisors Chairman Austan Goolsbee is scheduled to leave later this summer Goolsbee replaced Christina Romer left last year. Other members to depart were Lawrence Summers and Peter Orszag, who also left last year. This is a complete turnover of the Obama economic team.

Click here for more information on the devastation unleashed by tax cheat Geithner and his boss.

Rats from a sinking ship?

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