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Geithner’s Major Staffing Problem

By SusanUnPC on April 2, 2009 at 6:00 AM in Auto Industry, Economy, Tim Geithner, treasury department

When even MSNBC’s Obama cheerleader Rachel Maddow is reporting on Geithner’s inability to attract qualified staff — and she says that Obama confesses he can’t “give the jobs away”! — it’s truly worrisome. I hear that major business executives call and call and call, and can’t get anyone to RETURN their phone calls! This is extremely unprofessional and pathetic. HOW IN THE HELL can these people — and it’s few people at that — possibly manage a huge corporation like GM that, by itself, creates 2% of the gross domestic product numbers? This is NUTS!

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The problem is probably compounded by the fact that financial types aren’t especially emotional, and can’t be moved by the plea, “You must do this for your country! It’s your patriotic duty!” These people are too reality-based to respond to such emotional hooks.

Do you have ANY ideas for how Geithner can get some people to help him?

And do you really think he should take over any more companies? To begin with, it’s not like he has a background in the automobile industry. Hell, he’s been a financial bureaucrat for his entire professional career.

Then, Rachel’s giddy optimism aside, is there any real hope that Geithner can create new regulations that make sense and will ENCOURAGE businesses to invest, and make business people WANT to create new companies? I doubt it.

fsteele

GEithner is being trashed in the media and even in Puma blogs — which is too bd since he is an ally of HIllary. Obama seems to be setting him up as a bad guy fall guy.

So no wonder no one wants to work in that department; they would be the next fall guy.

Assuming that Obama is really trying to find people to work. He claims the vetting process is scaring them off. If he really wanted personnel, he would call off the harsh vetting.
FrenchNail

Do you have ANY ideas for how Geithner can get some people to help him?

Yes I could resign.

But let’s not dream about that one!

The problem is rather that Geithner’s ideology of transnationalism is much more transparent among financiers that for us the general public. And that many of them believe transnationalism to be opposed to not only their personal views but to the true idea of American capitalism. And that moreover, they believe such idea is doom to fail the economy even further. And therefore they do not want any part of it.

The Treasury Department is a sinking ship. The rats know it. They are not getting in.
FrenchNail

…Yes He could resign…oops morning rush.
tango

I agree. I think people realize that working for Geithner and pushing the outrgageous budget, etc, is not a good career move. More than likely, Obama’s financial policies will not strengthen America and who wants to be associated with that? I can’t see many people wanting to take the risk for the pay the government is offering. Which is good to most citizens but certainly not outstanding to many in the financial sector in relation to the responsibility.
Also, Treasury seems so disorganized now that I think they are probably giving off an air of incompetence so are scaring away people who might be willing to work for them.
Astra14

Do you have ANY ideas for how Geithner can get some people to help him?

I’m in full agreement with French Nail, Geithner should resign. (And hopefully the replacement is competent and has paid their taxes, but I’m wouldn’t be hopeful.)

Who in there right minds would want to work for the Treasury Dept., especially now? If the economy totally tanks their names will be associated with it and they’re finished! Any career opportunities will be flushed down the toilet along with the economy.
Mercedes

Interesting comment. Not being familiar with the term “transnationalism”, I checked it out on Wikipedia and, based on that explanation, interpret “transnationalism” to be the mainstream term for “New World Order”. Many people in the general public ALL OVER THE WORLD are familiar with the NWO and many consider its supporters treasonous and many are speaking out against it. Why are not the financiers? Or do they just not have a voice in the “transnational media”. The best I have seen of politics in this country comes from open discussion, transparency, and consensus building and not from manipulation and deceit and fraud and intimidation of which these NWO people, including Mr Geithner and Mr Obama, seem to consider themselves the masters.
politicalidentitycrisis

I think if both Geithner and Obama resigned, we could see a big improvement in the economy, if we get leaders in there who let Capitalism work properly.

Do Over election April 15th, anyone game?
C.S.

I doubt forcing them to wear a DUNCE cap would really help but don’t We the People still have the right to fire incompetent help? Admittedly, it would be a daunting task to do it all over in 09 but we know what happens when we let it drag on for a decade!

Perhaps we could have more input from the People this government is supposed to represent this time. I’d prefer spending my tax dollars trying to end this colossal Denver mistake that has buried We the People so deep in this bailout avalanche that we’ll never get out alive. I want a do over!
BARB

When I first saw Rachel Maddow…I thought I was seeing a man in drag. Strange person…difficult to listen to and look at. I think I looked at the show about 5 minutes. That was the first and last time.
http://www.sonicninjakitty.wordpress.com Sonic Ninja Kitty

This is not by accident–it is by design. The longer they can put off staffing the Treasury, the longer they have to arrange more bailing out and propping up of their buddies in the banking industry. If they are called out on their actions, they can claim they are just too understaffed and swamped with work. (Don’t fall for the ‘nobody wants to work here’ excuse.)

Geithner only looks like a deer in the headlights, folks. Make no mistake, he knows exactly what he is doing. Please–read this excellent article, remembering what Geithner’s previous job was, noticing the size of the credit default swap problem, and THEN tell me you think he’s some poor innocent just trying to do the best he can:

http://www.globalresearch.ca/index.php?context=va&aid=12953

We already HAVE a system in place for failing banks. They are trying to avoid using it, is all.

Where is Congress? (Oh, that’s right, in the bankers pockets…) Where is the Justice Department?? Where is the counter to this blatent and unconstitutional power grab?
Docelder

We already HAVE a system in place for failing banks.

Exactly right, and for failing automakers as well. In bankruptcy, the books would be opened. So, we are protecting the assets and the backsides of the few with the assets and backsides of the many. Must be nice to be the “few”. Complicit in this, is our current government which is willing to sacrifice the assets and backsides of the many… in order to bring about the “change” to this country they once thought was just a pipe dream. The many compose a “sleeping giant” which has just been rudely awakened from sleep by a swift kick in the face.
I’m a Linda too

Excellent points Susan.

and

your “Do you have ANY ideas for how Geithner can get some people to help him?”

YES, for Geithner to RESIGN. You know, for the good of the country.
Murray

I must be missing something.

Why would anyone want to help Geithner?
Citizen70

Yes, they can “draft” people into service through their mandatory volunteerism.
Baba Rum Raisin

Will there be Deferments? I never used my II-S last time.
viking

Thanks for the link, its spot on. Also exactly correct is the fact that Chapter 11 and FDIC are perfectly adequate mechanisms for unwinding these failed entities.

Treasury’s call for the necessity of a ‘super regulator’ are untrue, unconstitutional and I am beginning to think, treasonous. I mean, they all swore to uphold the Constitution but Treasury’s proposal would be the end of limited gov’t power.
PamFlorida

I think you are buying into the BO distraction of “robber barons”, blame the guys getting the big paychecks. Obama is avoiding bankruptcy for the auto makers because he owes the unions AND the “big boys”. Bankruptcy would have forced all parties to give concessions, the CEOs and the unions, and saved the taxpayers a lot of money Don’t forget the “I didn’t know that was in there” confusion over who slipped in the provision to protect the golden parachutes in the first place.
NoBamaNoWay

please. rachel’s “manliness” is the least of her problems.
Ani

It is most ironic that nobody wants to do the vetting process the Obama Administration demands — ironic because Obama himself has not answered most or any of these questions about himself.

More “dDo as I say not as I do?”

Can you blame potential staff for being resentful or resistant. Who needs the headache.
WMCB

The reason for not forcing bankruptcies is that then all the books get opened, and a judge and forensic accountants see it all.

The problem isn’t just that the banks are failing, the problem is that they are up to their necks in payoffs and gaming the market unethically and illegally, and Obama and his cronies are neck deep in it as well. It is insider trading and manipulating the market, exponentially magnified – the opposite of true competition.

Bankruptcy would mean all that coming out to the light of day, ergo there will be no chapter 11 for these financial giants. Obama and his masters will willingly bankrupt this country before they allow the lid to be pulled of what they’ve been up to.
WMCB

BTW, he will be putting GM into bankruptcy, eventually, but his first order of business was to get rid of the CEO, and install the FINANCIAL PRODUCTS guy to oversee.

Obama’s interest in taking GM has nothing to do with cars, it has to do with their GMAC (financial products) wing, which is deeply into all these credit derivative swaps. He’s covering the asses of his financier masters again, and keeping their malfeasance swept under the rug. Once they’ve moved the GMAC beans around in the shell game, and covered their tracks, then he’ll let GM go down.
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