Right Pulse

Large sections of the blogosphere are turning against Timbo. With good cause. I’ve already covered the trail of disaster Timbo left in Indonesia during the mid-1990s, now this from Hot Air:

Barack Obama promised in his first White House press conference on February 9th that Treasury Secretary Tim Geithner would have a rescue plan ready to announce the next day.  On February 10th, Geithner showed up with nothing but a string of platitudes and a promise that he would have a plan real soon.  The markets tanked as investors realized that the White House had no economic leadership at the top, and the Obama administration pledged to get something quickly.

Time Magazine reports that the plan has been delayed again, and now won’t be ready for another month….

Then Timbo lied about his knowledge of AIG bonuses, again from Hot Air:

Tim Geithner and Congress claim that they got blindsided by the AIG bonuses late last week, before anyone had a chance to stop AIG from paying them. However, C-SPAN’s video library tells a very different story. (On) March 3rd hearing of the House Ways and Means Committee in which Rep. Joseph Crowley (D-NY) specifically mentions the upcoming payouts of over $162 million in bonuses to AIG execs, the very same number that inflamed Washington DC this week…

In speaking to Timbo at the beginning of March, Crowley said the following:

“…Further bonus payments totaling approximately 230 million (dollars) are due to 407 participants at AIG’s Financial Products division in March 2010.”

So Timbo knew about the bonuses before the recent fracas began – and did nothing – but seems more than happy to join in the communistic styled uproar now.