Timothy Geithner may step down as Treasury Secretary

  It is being reported–and it is being denied by Timothy Geithner–that Barack Obama’s Treasury Secretary is contemplating stepping down once the debate over raising the debt ceiling is completed. Rumors of this magnitude are not generally made up out of thin air, and while Timothy Geithner is denying the report, it seems likely to me that he is indeed considering the possibility of leaving the Obama regime shortly.

  If Timothy Geithner does indeed resign this will result in the total transformation of the Obama regime’s original economic team, and judging by the results so far it seems to be a desirable and not unwarranted change in light of the failure of Barack Obama’s economic policies.

 Barack Obama’s economic policies have been an unmitigated disaster and it is time for a change, the American people realized this during the mid-term elections and set out to effect change. The Republicans in the Congress are now trying to give the American people the change they desired but they are meeting resistance from the Democrats; Timothy Geithner’s resignation would be just the change that is needed in Washington, and a sign that the American people are winning this battle.

  Of course, the change will not be complete for the man in charge of the economy will still be in the White House and he will simply appoint a replacement who holds the same economic views as he does. The only way to truly change the economic mindset in Washington will be to change the president, and turnover the Senate, but that is still two years away, so for now we will have to be content with this indictment on Barack Obama’s economic policies.

  Heading into the election cycle it would seem as if this would give the Republicans a golden opportunity to hammer Barack Obama and his economic policies as there will be two high profile confirmation hearings scheduled right about the same time the election cycle hits full gear. Americans are growing more and more dissatisfied with Barack Obama’s economic policies and these hearings will give the Republicans the spotlight and they should be able to make hay over the fact that Barack Obama has lost his whole economic team when Americans are in desperate need of a leader on this issue.