COMMENT: While the Republican party has been equally guilty of putting a sabotage team in charge of the economy, it is certainly clear that Timothy Geithner– who headed the Federal Reserve branch in New York, and who has worked for the IMF, Kissinger Associates, the Council on Foreign Relations and who served under Robert Rubin and Larry Summers in the Treasury– is NOT working towards the best interests of Americans and is only working towards the agenda of offshore corporate cartels.
WASHINGTON – The top Republican in the U.S. House of Representatives called on Tuesday for President Barack Obama to fire his economic team in a campaign-style speech meant to focus voters on the weak American economy.
House Republican leader John Boehner said Obama should begin clearing house by replacing Treasury Secretary Timothy Geithner and White House economic adviser Larry Summers.
“It’s time to put grown-ups in charge. It’s time for people willing to accept responsibility,” Boehner told a civic group in Cleveland.
Boehner’s call for a “fresh start” on the economy comes 10 weeks before Nov. 2 elections expected to see Republicans slash Democrats’ big majorities in the House and Senate, largely because of the near double-digit jobless rate.