First, I dunno why you couldn't have placed this response in Cenk's post (rwo below you're own) but, whatevah...

To the meat: Much as I don't think Geithner deserves his job, him getting the blame for how TARP was handled is a huge plate of disingenuousness.

To wit, "The authority of the United States Department of the Treasury to establish and manage TARP under a newly created Office of Financial Stability became law October 3, 2008, the result of an initial proposal that ultimately was passed by Congress as H.R. 1424, enacting the Emergency Economic Stabilization Act of 2008 and several other acts"

Not only was it in place before Obama raised his hand to take the oath, it was before the ELECTION. Geithner was handed a playbook from Hank Paulson - the very things that Cenk and your post jump on Geithner for was already in place by the time he was appointed.

Now, if you want to attack him on the way the stimulus was handled, I'm with you...

by MedfordTim on 11/24/2009 12:56:52 PM EST