Finance

Treasury Sec. Geithner Jokes About Getting Fired During CNBC Interview

Geithner Cracks Joke During CNBC Interview

Treasury Secretary Timothy Geithner was interviewed by CNBC host Jim Cramer at the Alpha Investor conference Wednesday morning. He reassured that Europe won’t allow a Lehman Brothers-like collapse, urged U.S. lawmakers to move quickly in passing President Obama’s job plan, and even joked about getting fired at his current post.

After Cramer asked Geithner if Geithner feared he could be fired, Geithner responded, “I’m hoping:”

But Geithner’s recent job performance may not be a laughing matter.

Since the first S&P U.S. credit downgrade in the history of the ratings, and a still ailing economy, Geithner’s performance has been highly scrutinized by some in the media and among lawmakers. Reports had circulated in the early summer that Geithner intended to step down as treasury secretary after the debt-limit debate had come to an end, but announced in August that he would stay on at the President’s request following the downgrade.

In addition to the joke during Wednesday’s interview, Geithner told Cramer that a unified commitment is necessary to solve the financial problems that still threaten the domestic and global economy, and the issues moving forward. San Francisco Chronicle:

“He said that governments need to be open, honest with investors, and provide incentives to provide funding, and use overwhelming force. Governments need to put politics aside.

The U.S. has weaker growth than we thought and hopes because the economy is still healing. We have faced a lot of adverse shocks, including Japan, high oil prices, Europe, and a terribly damaging political dysfunction.”

Geithner was president of the Federal Reserve Bank of New York during the U.S. government’s bailouts of Wall Street banks in 2008, and is on his way to Europe next week to speak with eurozone finance ministers in Poland.  Geithner will teleconference with leaders of Greece, France and Germany on Wednesday evening.

Geithner said to Cramer Wednesday that Europe’s leaders, including German Chancellor Angela Merkel, know they’ve “been behind the curve” and have the financial capacity “to do what it takes to hold this thing together.”

(H/T: Business Insider)

Comments (73)

  • Chappy123
    Posted on September 14, 2011 at 2:36pm

    Meyvn
    Posted on September 14, 2011 at 2:10pm
    What a slimeball. He reminds me of the character “Carl Bruner” in the Ghost movie that the character “Sam” (played by Patrick Swayze) got revenge on.

    Thanks Meyvn,

    I have been trying to figure out who he reminds me of since the nightmare began.

    Report Post »  
    • pavepaws
      Posted on September 14, 2011 at 3:12pm

      Have you ever wondered why Geitner looks like actor Jack Donner when Donner played Subcommander Tal in the episode “The Enterprise Incident” in September 1968 on the original Star Trek? Donner who is a fantastic character actor may have been ahead of his time.

      Report Post »  
    • INOGAWD
      Posted on September 14, 2011 at 8:19pm

      Soros want’s him to stay…

      Report Post » INOGAWD  
    • HumbleMan
      Posted on September 14, 2011 at 9:01pm

      If there’s any justice, he won’t be fired … but he will face a prison sentence. He’s charged with protecting the stability of our currency, and he’s destroying it.

      Report Post » HumbleMan  
    • Detroit paperboy
      Posted on September 14, 2011 at 11:58pm

      @’chappy123
      U nailed it , i just watched ghost. U nailed it

      Report Post »  
  • Jenny Lind
    Posted on September 14, 2011 at 2:35pm

    Fired is the least thing he should be worried about. Tried for treason, a bottomless pit, are two I can think of.

    Report Post »  
    • Bluebonnet
      Posted on September 14, 2011 at 7:45pm

      Donald Trump called and said “YOU’RE FIRED! It‘s ain’t no joke Timmy. We don’t like you either. You’re about as dumb as your boss.

      Report Post »  
  • capecodsully
    Posted on September 14, 2011 at 2:33pm

    Don’t worry Tim, you wont be fired, Obama likes surrounding himself with incompetent people.
    Just like Col. West said “when the refridgerator door is opened the lights don’t come on”. Burn outs make Obama feel at home.

    Report Post »  
  • AWAKENEDAWARE
    Posted on September 14, 2011 at 2:25pm

    That worthless twit should have never been HIRED. He WOULDN’T have been by any REAL President.

    Report Post » AWAKENEDAWARE  
  • commonsenseguy
    Posted on September 14, 2011 at 2:25pm

    everything to these idiots is a joke, even the total destruction of AMERICA!!!! not only should he be fired, he should be put under a prison, where he and the other anti american hating freeloading lovers would have to bust rocks with their heads, because they are so stupid that they would not know not to use their heads.

    Report Post »  
  • vegtech
    Posted on September 14, 2011 at 2:20pm

    Loosing his job by being fired is far too simple, sent to prison is the solution. A congress and senate with gonad, would have him and Bernake in a joint cell for a long time.

    Report Post » vegtech  
  • georgeisn6
    Posted on September 14, 2011 at 2:19pm

    O whatabummer

    Report Post »  
  • RightUnite
    Posted on September 14, 2011 at 2:19pm

    Fire that little panzy’s azz.

    Report Post »  
    • Servant Of YHVH
      Posted on September 15, 2011 at 3:33am

      I agree but if they don’t then:

      Geithner don’t just joke about it, DO IT!!!!

      Report Post » Servant Of YHVH  
  • georgeisn6
    Posted on September 14, 2011 at 2:17pm

    In this administration INCOMPETENCE has been declaired a handycap and therefor these people who work for Owhatabummer are coverd under the americans with disabilitys act, and therefor they can not be fired for INCOMPETENCE.

    Report Post »  
  • blazingaway
    Posted on September 14, 2011 at 2:16pm

    The take away from this is what Geithner said: “I‘ve never been in a position where I have to say something I don’t believe and was not given a chance to fight for what I thought was right” Is he saying, suggesting that this is where he’s at, that this is what he has to do? Or, that he’s been allowed to do this and never placed in any other position? Because on the one hand if this is what he’s been doing then he has no one else to blame. If he hasn’t been allowed to do this then it is very disturbing to say the least.

    Report Post » blazingaway  
  • Meyvn
    Posted on September 14, 2011 at 2:10pm

    What a slimeball. He reminds me of the character “Carl Bruner” in the Ghost movie that the character “Sam” (played by Patrick Swayze) got revenge on.

    Report Post » Meyvn  
  • temple62
    Posted on September 14, 2011 at 2:09pm

    “I’ve been hoping”….and I hope you get your wish, Timmy!

    Report Post » temple62  
    • INOGAWD
      Posted on September 14, 2011 at 8:21pm

      This whole Administration is a Complete Joke…

      Report Post » INOGAWD  
  • Sy Kosys
    Posted on September 14, 2011 at 2:02pm

    One can ONLY HOPE that the unemployment numbers would ‘suddenly’ increase by .001%……

    Report Post » Sy Kosys  
    • Marci
      Posted on September 14, 2011 at 2:13pm

      He wants to be fired because he didn’t want to have to work this hard and take this kind of scrutiny. The a-hole heads up the IRS, doesn’t pay his “fair share” (as Dems call it) nor does he pay ANY share. Fed up with the “fair share” b.s. as the moonbats who bleat it cannot define what is FAIR, the leaders refuse to define it and their drooling and frothing followers are clueless.

      Report Post » Marci  
  • Living In NYC
    Posted on September 14, 2011 at 2:00pm

    Shoot…I just woke up…it was a nice dream but Timmy is still here!

    Report Post » Living In NYC  
  • RightPolitically
    Posted on September 14, 2011 at 1:58pm

    What a guy!

    Report Post » RightPolitically  
  • DagneyT
    Posted on September 14, 2011 at 1:54pm

    The entire administration will go down in history as the most corrupt of all time! Tax cheating sounds like a minor offense considering all the other crap going down; goonion thuggery, black panthers getting off after their conviction, Fast & Furious, communists in OUR White House being legitimized….good Lord, I could go on and on! God help US!

    Report Post » DagneyT  
  • babylonvi
    Posted on September 14, 2011 at 1:54pm

    I think he should be indicted not fired along with HankPaulson and all the Goldman Sach Board of directors.

    Report Post » babylonvi  
  • truthseekerusa
    Posted on September 14, 2011 at 1:49pm

    Maybe instead of being fired he should be prosecuted for treason because of his share of efforts to destroy the US economy.

    Report Post »  
    • RabidPatriot
      Posted on September 14, 2011 at 2:02pm

      He is a puppet’s puppet. It does not really matter who is in that position right now because he is just taking marching orders from Obama. Get rid of Obama and maybe we can start to undo all of this damage to our country.

      Report Post » RabidPatriot  
  • momprayn
    Posted on September 14, 2011 at 1:48pm

    From an alleged WH Insider, who has been correct so far with his info — Geithner is the one behind the contrived 2008 economic crash — in order to get Obama elected. At the time, Cain was ahead in the polls and so they brought about this crisis to further their goals — you know — never let a good crisis go to waste — and cause them when needed, etc. Also:
    “Obama and Tim Geithner most probably were childhood friends. Remember Tony Rezko? Obama used Rezko to launder about $100 million of taxpayer dollars while Obama was still a State Senator. Geithner is Obama’s right hand in accessing the Tony Rezkos (people like Warren Buffett and Bill Gates) of the national level for Obama and the Dems while he’s President. That’s why that with all this trouble about AIG, Obama is still not going to get rid of Geithner. Geithner is a valuable tool for them to rob this country through its national policies.
    Peter Geithner (Tim’s Father) was director of the Asia program at the Ford Foundation, a New World Order (NWO) operation. Peter Geithner oversaw the “microfinance” programs developed in Indonesia by Ann Dunham-Soetoro, Barack Obama’s mother.”

    http://northerngleaner.blogspot.com/2009/07/barack-obamas-mother-worked-for-timothy.html

    Report Post »  
    • Banter
      Posted on September 14, 2011 at 2:15pm

      The last act of a dying government is to loot the treasury.

      Report Post » Banter  
  • jessieH
    Posted on September 14, 2011 at 1:44pm

    Geitner wants to be fired. He knows it‘s easier to evade taxes when you’re not in the spotlight.

    Report Post »  
    • CatB
      Posted on September 14, 2011 at 1:54pm

      He needs to be arrested!

      Report Post »  
    • Blackhawk1
      Posted on September 14, 2011 at 4:55pm

      Maybe he is hoping to get fired because then he can collect unemployment for 2 years. When Obama gets booted in 2012 he won’t technically get fired and not be able to collect anything.

      Report Post » Blackhawk1  
  • db321
    Posted on September 14, 2011 at 1:44pm

    You must watch this Video – Well Done – Attach Watch!
    http://www.youtube.com/watch?v=-XYKRokgX00

    Report Post » db321  
    • Stoic one
      Posted on September 14, 2011 at 10:50pm

      that is FUNNY!..sadly attack watch is real :(

      Report Post » Stoic one  
  • TXWildfire
    Posted on September 14, 2011 at 1:43pm

    We’re all hoping sweetheart.

    Report Post » TXWildfire  
  • W@nd@
    Posted on September 14, 2011 at 1:42pm

    Geitner, you should get fired
    because you are a joke!
    In the real world timmie
    you would have been history
    a long time ago!

    Report Post »  
  • Uncurable wound
    Posted on September 14, 2011 at 1:42pm

    this guy looks like one of the goblin bankers in harry potter…Am I right?

    Report Post »  
    • CatB
      Posted on September 14, 2011 at 1:55pm

      Christmas is coming … I am pretty sure he could get a ‘job” at the mall as an elf!

      Report Post »  
  • biohazard23
    Posted on September 14, 2011 at 1:41pm

    He‘s the head of the Treasury yet he doesn’t even know how to use Turbo Tax…..

    Report Post » biohazard23  
    • IAMMADDOG
      Posted on September 14, 2011 at 1:44pm

      He doesn’t need to know how to use Turbo Tax…..he doesn’t pay his taxes.

      Report Post »  
    • biohazard23
      Posted on September 14, 2011 at 1:53pm

      Touche!! And oh so true….. ;)

      Report Post » biohazard23  

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