Friday, November 20, 2009

Liberals and Consevatives are calling for Geithner to Resign

The pot has finally boiled over, with black caucus members walking out of a Barney Frank financial markup, liberals and conservatives calling for Treasury Secretary Timothy Geithner to resign and a policy victory for none other than Ron Paul on his "audit the Fed" proposal.

The tensions show why Democrats want to get the health care debate done as soon as possible — they can then spend much more of 2010, an election year, on jobs and economic reforms.

The wave of Democratic grief had been building privately for months, but Hill Democrats had held back on publicly criticizing the Obama presidency. But now, Democrats who see that their economic agenda seems to be flailing and fear getting wiped out in the 2010 congressional elections are going public with a burst of criticism, and much of it has poured out in the past 48 hours.

It’s coming from some of the most liberal supporters of the president, like John Conyers, who said Thursday on the Bill Press radio show that President Barack Obama was “bowing down” to the right.

"I'm getting tired of saving Obama's can in the White House," Conyers said. "I mean, he only won by five votes in the House, and this bill wasn't anything to write home about."

Oregon Democrat Peter DeFazio, who has called on Geithner to resign, vented his frustrations about the Obama economic team in an interview with POLITICO.

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