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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: steve harris who wrote (306467)8/8/2011 10:19:43 AM
From: joseffyRead Replies (1) of 306849
 
Geithner agrees to stay at Treasury, continue Obama's amazing economic policies

By Andrew Malcolm August 8, 2011

http://latimesblogs.latimes.com/washington/2011/08/tim-geithner-consent-of-the-governed-poll.html

Finally, some promising economic news in what has been a steady recent stream of dismal data and developments:

Secretary of the Treasury Tim Geithner has agreed to stay in the Obama administration.

The master of finance who has so successfully assisted President Obama in boosting the national debt by more than $3 trillion, driving unemployment back north of 9% by spending only $787 billion in stimulus funds, corroding consumer confidence and presiding over the first federal credit downgrading in history has agreed to stick around to continue his impressive work for this Democratic administration.

Geithner is the sole survivor of President Obama's opening economic team. Obama is reported pleased.



The White House confirmed Geithner's continued employment and Sunday he said, "I love my work."

Geithner added,"We still have a lot of work to do." Which could be a promise or threat.

-- Andrew Malcolm
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