

The invisible man — Timothy F. Geithner, US Treasury secretary
Treasury Secretary Geithner in Europe this week announced his support for the German and French plan to stabilize the eurozone.
Secretary Geithner merely sings in the chorus among his colleagues — he
is one among many. He was virtually tossed out of Europe in September
when he told European leaders to put aside their differences and resolve
issues related to the catastrophic risk for markets because if Europe
didn't erect a stronger firewall to end the European debt crisis then
the world would truly be in trouble.
The Europeans were quick to remind the U.S. Treasury Secretary that he should return home and use this same rhetoric to deal with the U.S. debt levels and the country’s own catastrophic risk with the pension fund crisis, the recent downgrade of U.S. debt and possible future downgrades as well. Just yesterday in France, Secretary Geithner exclaimed his confidence that the eurozone countries will succeed in their restructuring. But wait, didn’t Secretary Geithner also say he was confident in the supercommittee’s ability to compromise on reforms? If the past is any indication of the future, then we are very seriously in trouble.
Geithner came to his position as an acknowledged self tax preparing cheater and has never gained favor with the American public. The citizens of the United States of America deserve better; we deserve a strong and respected Treasury secretary. As the Europeans have so persistently told Geithner, it is time to go home.










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