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OpEdNews Op Eds    H3'ed 4/1/09

Tim Geithner: Retention, Rewards, and Krugman Realizations

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copyright (c) 2009 Betsy L. Angert. BeThink.org

 

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Negotiations began in November.  Decisions were reached during the month of December.  By January, a retention bonus was awarded to the individual considered most superlative within the staff.  President Barack Obama presented the gift.  American International Group, Incorporated [AIG] executives did not receive the windfall.  Nor did someone separate from the previous President garner the honors.  Gold was not placed at the door of a New Deal Democrat.  No, dollars and command were delivered to a truly Progressive person.    Insider Timothy Geithner was the recipient of a title that would sustain his service.  Mister Geithner was given a reward that was worth far more than mere millions in greenbacks.  Power and influence are priceless. 

 

President Obama granted these "commodities" to one who worked to ensure banks and other financial institutions would continue to flourish just as they had in the Bush Era.  Now, the man with copious clout wants more.

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Indeed, Tim Geithner has already taken the reigns.  He has worked to set more rules.  Separate from Congressional approval for increased authority, and regardless of what regulatory standards the House and Senate might pass, Secretary Geithner, happily ensconced in President Obama's favor, has begun to broaden his horizons.  He expresses his expansive preeminence, and all are atwitter.

 

Newfound fame, a brighter, well-funded future befits the man whose face now appears everywhere.  Greater authority is as Tim Geithner was groomed to acquire.  Indeed, Secretary Geithner grew accustomed to attention and awards.

 

Perhaps, Timothy Geithner's desire for further recompense, economically or emotionally, began when he was but a boy.  In his youth, the now Secretary of Treasury saw what could be wrought if one was well-connected.  His lineage allowed him to look into a world of affluence and advantages. 

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Maternal grandfather, Charles F. Moore, was an adviser to President Dwight D. Eisenhower.  Mister Moore also served as a Vice President of Ford Motor Company.  "Dad," Peter F. Geithner, was with the Ford Foundation.  Tim Geithner's father oversaw the project that Ann Dunham, President Obama's mother gave birth to.  Stanley Ann Soetoro and Tim's Dad, developed microfinance programs in Indonesia.

 

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I am an Educator, a student of life; I am an Author. On each path I learn from you and with you. Indeed. we all teach and study. Together we advance awareness and acumen. We learn, grow, and glow greater. Please peruse my prose at BeThink.org and (more...)
 
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