Business

President Obama Expected to Announce New Treasury Secretary — Is This Him & Is This Really His Signature?

Will White House Chief of Staff Jack Lew Be the New Treasury Secretary?

President Obama walks with White House Chief of Staff Jack Lew on March 2 on the South Lawn of the White House. (Mandel Ngan/AFP/Getty Images)

White House chief of staff Jack Lew is President Barack Obama’s expected pick to lead the Treasury Department, with an announcement possible before the end of the week.

White House officials would not confirm that a final decision has been made. But aides did not dispute that Lew is emerging as the consensus choice. Sources familiar with the process say Obama is choosing Lew because of his “wide variety of government and private sector experience.”

Lew previously led the Office of Management and Budget and oversaw international economic issues at the State Department. He has played a key role in numerous financial negotiations between the White House and Capitol Hill.

The sources spoke on the condition of anonymity in order to discuss the expected nomination ahead of the president.

However, although it’s still not official, opposition to President Obama’s likely choice has already begun. First, from CNBC’s Larry Kudlow:

And then there’s this from RedState co-founder Ben Domenech:

Over at the Media Research Center, Stephen Gutowski reminds us that Lew said in 2011 that ”there is no need to deal with social security” because it is “solidly funded through 2037″:

Of course, as noted earlier on TheBlaze, Social Security is anything but sustainable.

“[T]he Social Security Administration underestimates how long Americans will live and how much the trust funds will need to pay out — to the tune of $800 billion by 2031, more than the current annual defense budget — and that the trust funds will run out, if nothing is done, two years earlier than the government has predicted [emphasis added],” the New York Times reports.

However, if Twitter serves as an accurate cultural zeitgeist, which is debatable, it appears people are more concerned with Lew’s squiggly signature than they are with his political worldview:

In case you’re wondering what they’re talking about, this is Jack Lew’s actual signature:

Will White House Chief of Staff Jack Lew Be the New Treasury Secretary?And this is what it would look like on U.S. currency:

Will White House Chief of Staff Jack Lew Be the New Treasury Secretary?

Courtesy New York magazine.

Yes, that’s really his signature.

Follow Becket Adams (@BecketAdams) on Twitter

The AP contributed to this story. This post has been updated.

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Comments (59)

  • The-Monk
    Posted on January 9, 2013 at 4:04pm

    I can explain this…..

    He likes to add zeros (lots of 000,000,000′s) to everything. : (

    Report this comment

    The-Monk  
  • Epic Fail
    Posted on January 9, 2013 at 3:15pm

    Looks like my 3 year olds signature.

    Report this comment

    Epic Fail  
  • thegreatcarnac
    Posted on January 9, 2013 at 3:00pm

    The little socialist was trying to write his name but a naked obama came up from behind and goosed him…..

    Report this comment

    thegreatcarnac  
    • sheik
      Posted on January 10, 2013 at 3:14am

      That looks just like the ‘signature’ on Obama’s birth certificate.

      Report this comment

      sheik  
  • hauschild
    Posted on January 9, 2013 at 1:46pm

    This is part and parcel for this regime; square pegs into round holes.

    This is one of the most destructive traits of a leftist; not understanding their own (and others’) limitations. They have this absurd notion that just because one is “educated”, that makes him qualified for ANY job – and this is a prime example.

    Law degree, 8 years as “policy adviser” to Tip O’Neil, director of the Office of Management and Budget from 1998 until 2001, worked for Citigroup and New York University after leaving the Clinton administration – pretty much one of the “types” responsible for the situation American finds itself in. So, he’s the perfect fit for this regime. He can build on his destruction.

    Report this comment

    hauschild  
    • Mil Mom
      Posted on January 9, 2013 at 8:52pm

      Sounds to me like a Pay-Off for all the good reviews OMB has given the leftists projects through the years. Maybe little timmy’s briefcase has worn out from all those stuffed $’s now it’s his turn.

      Report this comment

      Mil Mom  
  • AmericaMustBeFree
    Posted on January 9, 2013 at 1:32pm

    Looks like an uneducated twits signature! Are we sure he can read, cause we know he cannot write!

    Report this comment

    AmericaMustBeFree  
    • @leftfighter
      Posted on January 9, 2013 at 2:24pm

      I don;t see anything that remotely resembles his name in there.

      Maybe that first letter could be a J, maybe the second is an A (being generous here), but the rest is nothing like the letters in his name.

      I can’t say I’m surprised someone in this Administration is too lazy to even write his own name.

      Report this comment

      @leftfighter  
  • fgarvin
    Posted on January 9, 2013 at 1:02pm

    WOW another failure at the Treasury Dept. Big surprise! And you were expecting competence from Dumbo!

    Report this comment

    fgarvin  
  • john vincent
    Posted on January 9, 2013 at 1:01pm

    If that is a genuine signature, (history of proven ink to paper) clearly this man has brain damage

    Report this comment

    john vincent  
  • ArmedAndReallyPissed
    Posted on January 9, 2013 at 12:35pm

    “However, if Twitter serves as an accurate cultural zeitgeist, which is debatable, it appears people are more concerned with Lew’s squiggly signature than they are with his political worldview:”……………
    ……………I would almost guarantee this to be true. Too many ignorant Amerikans more concerned about Lew’s signature than his ability to help the Fuhrer destroy Amerika, not only through Communism, but also through lack of skill and over abundance of ignorance.
    How are those “free” Phones working out for you ? Still worth that Vote ?

    Report this comment

    ArmedAndReallyPissed  
    • ranepowel
      Posted on January 9, 2013 at 12:51pm

      I work for Hollywood and make a good living (thanks to my union). Totally worth the vote. Didn’t you just see, my industry got a HUGE tax break as part of the fiscal cliff deal, basically ensuring that we’re going to have enough funding to make all the propaganda films we want for the next ten years at least. And we broke box office records AGAIN this year. TV viewing is up in ALL demographics.

      You people just can’t stop giving me money, and I love it! :)

      Report this comment

      ranepowel  
    • ArmedAndReallyPissed
      Posted on January 9, 2013 at 1:35pm

      Posted on January 9, 2013 at 12:51pm
      I work for Hollywood and make a good living (thanks to my union).

      I’ve heard the Gay porn Industry was doing very well. Thanks for sharing, Brokeback Mountain.

      Report this comment

      ArmedAndReallyPissed  
    • The_Jerk
      Posted on January 9, 2013 at 8:22pm

      Here’s why, and it should not be any surprise. Just ask Joel.

      http://articles.latimes.com/2008/dec/19/opinion/oe-stein19

      Report this comment

      The_Jerk  
  • jessieH
    Posted on January 9, 2013 at 12:33pm

    Well, from the signature, I would say he’s a college graduate.

    Report this comment

    jessieH  
    • ranepowel
      Posted on January 9, 2013 at 12:49pm

      Yeah, if we was just a high school graduate it’d just be an “X” and maybe a doodle of something.

      Report this comment

      ranepowel  
  • DZ-015
    Posted on January 9, 2013 at 12:31pm

    How appropriate; appoint Jack Lew to help flush America down the loo.

    Report this comment

    DZ-015  
  • The_Jerk
    Posted on January 9, 2013 at 12:29pm

    Of course it’s Jack Lew. He’s Jewish.

    Look, Jack Lew replaced Peter Orszag as Director of OMB. Orszag, of course, is now Vice Chairman of Global Banking at Citigroup. Both are Jewish.

    When Lew had to leave as OMB Director, in order to become Obama’s Chief of Staff, he was replaced with Jeff Zients, who also Jewish.

    I know it takes great insight… not… but, “Does anyone see a pattern?”

    The_Jerk  
  • zoro51
    Posted on January 9, 2013 at 12:25pm

    my drs signature is more readible that this.. WHAT A FRACKING JOKE.. impeach this LOSER obama now end the reign of american hatred n BUFFOONERY… clearly obama HANST GOT LOGIC in his brain…

    Report this comment

    zoro51  
  • ginger100
    Posted on January 9, 2013 at 12:21pm

    that signature looks like it says glad trash bag but i could be wrong

    Report this comment

    ginger100  
  • IndyGuy
    Posted on January 9, 2013 at 12:09pm

    What’s say we have a look into Timmy’s personal books and bank accounts and see how well he fared since having this job….

    Report this comment

    IndyGuy  
  • SpankDaMonkey
    Posted on January 9, 2013 at 12:08pm

    .
    Another POS. Does Obama just cop-a-squat out on the south lawn to find these people?……….

    Report this comment

    SpankDaMonkey  
  • 65Mustang
    Posted on January 9, 2013 at 11:59am

    Another Obama boot-licker…not intelligent enough to do what is good for the country, massive spending cuts.

    Report this comment

    65Mustang  
    • ranepowel
      Posted on January 9, 2013 at 12:53pm

      We don’t need massive spending cuts. We need to SPEND more. More investment in infrastructure. Any moron who thinks we need to cut hundreds of thousands of jobs by eliminating federal agencies and the like isn’t worth listening to, as they don’t have a working brain cell in their head.

      Report this comment

      ranepowel  
    • bigdawg96
      Posted on January 9, 2013 at 1:51pm

      @RANEPOWEL… You are the one lacking a single brain cell if you don’t understand that those thousands of government agency jobs are paid for by private sector tax payers and those agency jobs only cost money they do not create a single penny. Cutting federal jobs reduces the federal deficit and gets the monkey off the backs of the hard working companies out there so they can hire these people to actually do something productive with their lives instead of dragging down the achievers.

      Report this comment

      bigdawg96  
  • Think_4_yourself
    Posted on January 9, 2013 at 11:59am

    And I thought he was going to pick Donald Trump (sarcasism off)

    Report this comment

    Think_4_yourself  
  • ArmedAndReallyPissed
    Posted on January 9, 2013 at 11:55am

    I’ve been losing a lot of sleep wondering who the next Fuhrer appointed Communist to help destroy AmeriKa will be.

    Report this comment

    ArmedAndReallyPissed  
    • techengineer11
      Posted on January 9, 2013 at 12:25pm

      Guaranteed to be Jewish.

      Don’t hate the messenger.. Just trying to get the truth out..

      People don’t understand what has happened to their country.. I’m very sorry to be the bearer of bad news but your country has been hijacked and it’s under occupation.

      One does not have to be very smart to see and undertand this fact but you do have to be willing to open your eyes.

      No one not anyone on the Blaze will debate me. No one will challenge my assertions because they know they will lose and they can’t face the truth..

      Report this comment

      techengineer11  
    • BenzinVasser
      Posted on January 9, 2013 at 5:20pm

      to Techenginerr11, …What I have come to think is the American Jew hates, not just dislikes, the middle eastern Jew, they seem to be two separate form of Judaism. It appears they do everything against Israel and are all liberals that destroy morals in the USA through what they spew out of Hollywood. I really don’t think the Europeans Jews want to have anything to do with the real Jews. The American Jew for the majority has no morals, only conducts daily life under the love of money. Now, I’m not saying “All”, but it appears to me the ones with authority are this way in the USA.

      Report this comment

      BenzinVasser  
  • oxycontinxx
    Posted on January 9, 2013 at 11:55am

    you know what……….in the school of corporate america, there was a message……….always hire people smarter than you are and turn them loose to get the job done. every now and then do a status check to make sure the team is working off the same page, but if necessary true things up as needed.

    obammy’s problem…………….he doesnt act very smart and the people he picks for various positions are duds.

    Report this comment

    oxycontinxx  
  • UNALIEN
    Posted on January 9, 2013 at 11:54am

    http://abcnews.go.com/Business/story?id=88866&page=1#.UO2fWI4vEyg

    “The booming economy also will allow the country to pay off the debt by 2009 if it dedicates its entire budget surplus to debt reduction, White House budget director Jack Lew said. “America is on track to becoming debt-free,” Lew said.

    “Over that same 10-year period, the surplus for Social Security is expected to grow to $2.5 trillion while the Medicare surplus is expected to grow to $532 billion”, Lew said.

    From 2001.. Jack Lew

    Report this comment

    UNALIEN  
    • ArmedAndReallyPissed
      Posted on January 9, 2013 at 11:59am

      This is even worse than i thought it could ever be. Lew is the perfect pick for the Fuhrer. This will be the final nail in AmeriKa’s future.The SS Trust fund “balances” are nothing more than a “bookkeeping” device. They do not consist of real economic assets that can be drawn down in the future to fund benefits.
      When your FICA tax is taken out of your paycheck, it does not get squirreled away in a lockbox in West Virginia where it’s kept until you retire. Most goes out immediately to pay current retirees, and the rest ( say $100 ) goes to the U.S. Treasury—and is spent. On roads, bridges, national defense, Public Television, whatever—-gone, spent.
      In return for that $100, the Treasury sends the SS Administration a piece of paper that says : IOU $100. There are countless such pieces of paper in the lockbox. They are called “special issue” Bonds. Special they are : They are worthless. They are nothing more than “claims on the Treasury” ( ie., promises ) that, when redeemed ( when you retire and are waiting for your check ), will have to be financed by raising Taxes, borrowing from the Public, or reducing benefits or other expenditures.
      “The existence of a large trust fund balance, therefore, does not, by itself, have any impact on the Governments ability to pay benefits. The lockbox with the little pieces of paper mean nothing.
      Social Secutiry is Doomed and so are we.

      Report this comment

      ArmedAndReallyPissed  
    • UNALIEN
      Posted on January 9, 2013 at 12:19pm

      yes, a Progressive Propagandist shill for ponzifinance aka NeoKeynesianism…

      Lew is WORSE than TIMMY,, unbelievable

      Report this comment

      UNALIEN  
  • Chromo200
    Posted on January 9, 2013 at 11:54am

    Who cares .. I don’t . The czars and Valerie run the show. when you know you are going down the toilet, you start fending for yourself. Let the Obamazombies figure it out when they are down the sewer eating grass and plaster.

    Report this comment

    Chromo200  
    • ArmedAndReallyPissed
      Posted on January 9, 2013 at 12:26pm

      “They” already have it figured out. If you can get by without SS, your one of the rare ones, and fortunate ones. Most people rely heavily on SS, as they have paid into it their entire lives and it makes up most of what they will need to live on. SS was never created as a “retirement” account, BUT, over the decades this Government has allowed it to become just that. This is not OUR fault. This is 100% the Governments fault, especially since they steal from the “Fund” all the time.
      I wish i could afford to “not care”.

      Report this comment

      ArmedAndReallyPissed  
    • ranepowel
      Posted on January 9, 2013 at 12:56pm

      Your fault you didn’t save up for YOUR retirement.

      Report this comment

      ranepowel  
    • ArmedAndReallyPissed
      Posted on January 9, 2013 at 1:32pm

      Tick Tock Troll, Tick Tock.

      Report this comment

      ArmedAndReallyPissed  
  • Lotus503
    Posted on January 9, 2013 at 11:52am

    “No financial experience, too far to left, no trust from GOP leaders.” He’s a shoe-in to be approved by the GOP Congress.

    Report this comment

    Lotus503  
  • huey6367
    Posted on January 9, 2013 at 11:51am

    I’m gonna miss Timmy (sarcasm).

    Report this comment

    huey6367  
  • kickagrandma
    Posted on January 9, 2013 at 11:39am

    Whomever he chooses, it will be someone else against GOD, AMERICA, GUNS and FREEDOM. Count on it.

    Looking up all BIBLE verses I can find about these folks and end times. Suggest you do the same.
    The GOOD NEWS IS OUR GOD WINS IT ALL.
    I’d like for HIM to recognize me coming through that door.
    Some of you might want to get in touch with HIM for the first time or renew that old acquaintance real quick now. We are running out of time.

    Report this comment

    kickagrandma  
    • kalli
      Posted on January 9, 2013 at 12:21pm

      Amen, Kick. Just reading a couple of headlines today should tell us His wrath is upon us….a murder was committed every 94 seconds last year with record dollars made at planned no-parenthood; norovirus spreading across the globe; National Cathedral to perform same-sex marriages…just to name a few. Good has become evil, and evil is good. Prayer and repentance are missing today as Americans have turned to bowing to the obamanator instead of our Creator.

      Report this comment

       
  • ResistSocialism
    Posted on January 9, 2013 at 11:28am

    Does it really matter who Obama picks?

    Report this comment

    ResistSocialism  
    • ChiefGeorge
      Posted on January 9, 2013 at 11:57am

      At this point! Not really.

      Game is over, the players just don’t realize it yet.

      Report this comment

      ChiefGeorge  
    • IndyGuy
      Posted on January 9, 2013 at 12:02pm

      Nope…Anybody Obama picks will be a Marxist ideologue…

      Report this comment

      IndyGuy  

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