Timothy Geithner

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Ron Paul’s economic theories winning GOP converts — including Michele Bachmann

A funny thing has started happening to Texas Rep. Ron Paul since his long-shot presidential campaign ended quietly in the summer of 2008. More Republicans have started listening to him — including Minnesota Rep. Michele Bachmann.


Obama narrowly avoids devil-horns photo

Beware the trappings of the office. Pranksters and demented detractors made devilish depictions of President Barack Obama during last year’s campaign, but this week the president almost created his own demonic image when he sat for a photo just inches away from a potentially satanic wall sconce. Obama, who seems to lead a charmed life, [...]


Bachmann mispronounces Kazakhstan; in Parliament, she’d be flayed

In Congress, Rep. Michele Bachmann can get away with mispronouncing Kazakhstan as “Ka-ZAK-i-stan” — as she did yesterday during her questioning of Treasury Secretary Timothy Geithner (video, 2:25). In the United Kingdom’s Parliament, they eat you alive for that.


Bachmann unclear on Constitution?

Rep. Michele Bachmann grilled Treasury Secretary Timothy Geithner and Fed Chairman Ben Bernanke on Tuesday afternoon about the U.S. Constitution. Bachmann seemed unclear about Congress’ duties under the Constitution.


Business collapse can end union contracts, but not AIG bonus contracts

Contracts guaranteeing bonuses to executives at collapsing businesses — like American International Group (AIG) — are held inviolable, while labor union contracts regularly get voided or reneged-on when corporations declare (or even threaten) bankruptcy. Labor experts say it’s the law of the land.


New GOP Video: In case you haven’t heard, Franken screwed up his taxes

The Minnesota GOP dropped a new web video today, linking Al Franken’s failure to properly pay taxes to Obama cabinet nominees like Timothy Geithner (now Treasury Secretary) and would’ve-been HHS secretary Tom Daschle. But it’s not clear who the video is aimed at influencing. The general election is long over and while the ad my [...]


Video: Obama names economic team

President-elect Barack Obama, at a press conference in Chicago today, announced his economic team, a group he says will offer “both sound judgment and fresh thinking, both a depth of experience and a wealth of bold new ideas.” The team:
Tim Geithner – Secretary of the Treasury
Larry Summers – Director of the National Economic Council
Christine Romer [...]