Senator Paul Moves for No-Confidence Resolution in Treasury Secretary Geithner
WASHINGTON, D.C. – Sen. Rand Paul today introduced legislation and took to the Senate floor to call for a Senate vote of no confidence in Treasury Secretary Timothy Geithner. The passage of the motion indicates that the U.S. Congress has no confidence that Secretary Geithner will institute policies that will reverse the downgrade in America’s debt and our current economic insolvency. Immediate action on the no-confidence vote was blocked by Senate Democrats.
“The current Administration’s gross mismanagement of the U.S. economy, at the helm of which has sat Secretary Geithner through financial debacle and decline, must end now,” Sen. Paul said.
The language of the resolution simply states that both Congress and the American people have lost confidence in Secretary Geithner.
Sen. Paul’s motion stems from Geithner’s failure to institute policies to curb rising unemployment, prices and debt. During his tenure at the Federal Reserve and as Treasury Secretary, Secretary Geithner had a direct role in the failure of the Fed to diagnose and act on the housing crisis. He presided over bank bailouts, auto bailouts and failed trillion-dollar stimulus plans.
Related posts:
- Senator Paul to Seek Vote of No Confidence in Treasury Secretary Geithner
- Senator Paul Calls for Treasury Secretary Geithner to Resign
- Senator Paul Responds to President Obama’s Nomination of Alan Krueger
Read more at Rand Paul US Senate 2010
Source:
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).