Thursday, January 29, 2009

Geithner receives large severance sum

Newly minted Treasury Secretary Timothy Geithner’s finances got a recent boost, thanks to a plump $435,000 severance payment from his old employer – the Federal Reserve Bank of New York. In addition, Geithner last year earned $411,000 as president of the New York Fed and got another $50,000 to $100,000 for unused vacation and comp time, according to a mandatory financial disclosure statement released by the Office of Government Ethics.

Read more here.

President Obama was upset with the Wall Street executives over their bonuses but oh, wait, its okay Geithner gets bonuses because Geithner's one of his buds!

So typical! Why should we be shocked at anything we read about this administration. Even Nancy Pelosi thinks she's bipartisan as reported on

Sarah Palin is riding in on her four-wheeler to rescue the Republican's in a couple of days. Someone has to pull the party together.

President Obama has shed his jacket not for "casual day" but because he sets his office thermastat on high and it's too hot for the jacket. He wants us to economize while he wastes - don't do as I do but as I say - because I WON!

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