Work this one out. Geithner screamed at a recent EU finance meeting where he barged in uninvited that he was in charge, not Obama. He raged against Greek bailout plans, and left the meeting, which happened a week ago, stunned.
From Michael in comments.
Article in full.
A new report prepared by Russian Deputy Finance Minister Tatyana Nesterenko about the Eurogroup meeting of the Informal Economic and Financial Affairs Council (ECOFIN) in Wroclaw Poland on the growing European debt crisis states that EU Finance Ministers were “left stunned” Friday after they were told by US Treasury Secretary Timothy Geithner [photo top right] that President Obama was “not in charge.”
According to this report, the “uninvited” US Treasury Secretary showed up at the ECOFIN conference and engaged in what can only be described as a “temper tantrum” where he slammed Europe’s economic policy makers for their intransigence in provided further bailouts to Greece and when queried by European Central Bank (ECB) Chief Jean-Claude Trichet as to if this was “Obama’s position too” was told by Geithner, “He’s (Obama) not in charge, I am.”
ECB Chief Trichet, according to other news reports, rebuked Geithner and stated that the financial position of the 17-member Eurozone is better than that of other major economies, especially the United States.
This shocking revelation as to who is actually running the United States comes on the heals of further allegations that Geithner deliberately ignored Obama’s orders to prepare a plan to “wind down” the mammoth international banking group Citigroup Inc. in order to help save the American economy, and as we can, in part, read as reported by the San Francisco Chronicle:
“U.S. Treasury Secretary Timothy F. Geithner ignored an order in 2009 from President Barack Obama to prepare a plan to “wind down” Citigroup Inc., once the biggest bank in the world, according to a book to be released next week.
Geithner didn’t proceed with Obama’s order to develop a plan to dissolve New York-based Citigroup in March 2009, several months after the bank had received a $45 billion taxpayer bailout, according to “Confidence Men: Wall Street, Washington and the Education of a President” by Ron Suskind, a former Wall Street Journal reporter.”
Even more stunning, this report continues, are revelations being brought to light by the New York Times Magazine that Geithner, along with the director of the White House National Economic Council Larry Summers, formed an “unholy troika” with the banking behemoth Goldman Sachs to literally steal the entire US economic system away from Obama and the American people for the sole purpose of looting it for the benefit of a few elite bankers, politicians and other such parasites.
The power vacuum created in the White House allowing these banksters to take over was exacerbated by Summers who upon joining the Obama team declared “there’s no adult in charge” thus allowing him and Geithner to be “insubordinate” to Obama and hijack the American economy for themselves and their cronies.
To the damage wrought upon the American economy by Geithner and his “allies” is called nothing short of “catastrophic” as tens of millions have been thrown out of their homes, tens of millions more are jobless, and the poverty level has reached heights not seen since the days of Great Depression during the 1930’s.