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Jewish World Review March 23, 2009 / 27 Adar 5769 Obamateurhour goes prime time unexpectedly By Jack Kelly > http://www.JewishWorldReview.com | Last week's stars of the Obamateurhour were Treasury Secretary "Tiny Tim" Geithner (shrinking before your very eyes) and Sen. Chris Dodd (D-CT) Chairman of the Senate Banking Committee. Both initially lied about the roles they played in authorizing payment of bonuses to employees of bankrupt insurer AIG before fessing up. After first saying he knew nothing about the provision in the "stimulus" bill that protected the $165 million in bonuses, Sen. Dodd acknowledged in a CNN interview that yes indeed it was he who had inserted the provision. But he had done so, Sen. Dodd claimed, at the request of the Treasury department. After first saying he hadn't learned of the bonus provision until March 10, Mr. Geithner told CNN Thursday he did talk to Sen. Dodd about including the provision in the stimulus bill, which Congress passed Feb. 14. Mr. Geithner says now he didn't know the "size" and the "timing" of the bonuses. Washington Post reporters David Cho and Michael Shear wrote March 19 "Federal Reserve officials knew for months about the bonuses at American International Group, but failed to tell the Obama administration." The Federal Reserve official most intimately involved in the original bailout of AIG was the president of the Federal Reserve Bank of New York, Timothy Geithner. How likely is it that Fed President Timothy Geithner kept this information from Treasury Secretary Timothy Geithner? Appearing on the Jay Leno show March 19, President Obama said he was "stunned" to learn of the bonuses, but was careful not to say when he did learn of them. Several Republican lawmakers have called upon Mr. Geithner to resign. In private, some Democrats agree. But Mr. Obama had high praise for his beleagured Treasury secretary. "I think Geithner is doing an outstanding job," the president said. "He is a smart guy. He is a calm and steady guy." Despite this praise, Secretary Geithner is expected soon to be spending more time with his family. Perhaps his best job security is that, with the exception of Bush holdover Stuart Levey, who hunts down terrorist financing, there is no other senior political official at Treasury confirmed and on the job. If Mr. Obama had paid as much attention to staffing the Treasury department as he has to appearing with comedians and with filling out his NCAA basketball tournament bracket, he would have more options. "Brownie, you're doing a helluva job," President Bush said in the immediate aftermath of Hurricane Katrina to Federal Emergency Management Director Michael Brown, who is widely thought to have botched federal relief efforts. It remains to be seen whether Mr. Obama's praise of Mr. Geithner will one day be repeated as ironically as President Bush's praise of Mr. Brown. The brouhaha over bonuses obscured other blunders which would have made news at other times — at least if it had been a Republican president who had made them. During an address at the White House to mark St. Patrick's Day, Irish Prime Minister Brian Cowen opened his remarks by saying "We begin today by welcoming a strong friend of the United States." Mr. Cowen realized immediately the teleprompter operator was repeating the same speech President Obama had made minutes before. Mr. Obama wasn't quite so quick on the uptake. Failing to recognize the teleprompter operator had finally switched the speeches, he thanked himself for inviting the Irish prime minister. To hold the St. Patrick's Day event, Mr. Obama rescheduled a meeting with Brazil's president, Luiz Inacio Lula da Silva. "The White House made several moves interpreted as snubs by the Brazilian media," the Miami Herald reported March 13. "Silva aides said the trip was pushed forward form Tuesday because of the St. Patrick's Day holiday — making Latin America once again look like an afterthought. Then the White House announcement misspelled his name." Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here. JWR contributor Jack Kelly, a former Marine and Green Beret, was a deputy assistant secretary of the Air Force in the Reagan administration. Comment by clicking here. Jack Kelly Archives © 2008, Jack Kelly

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