Jack Lew sworn in as Treasury secretary

WASHINGTON Thu Feb 28, 2013 12:58pm EST

Jack Lew, President Barack Obama's nominee to lead the U.S. Treasury Department, testifies before the Senate Finance Committee on Capitol Hill in Washington February 13, 2013. REUTERS/Kevin Lamarque (UNITED STATES - Tags: POLITICS BUSINESS) - RTR3DQTB

Jack Lew, President Barack Obama's nominee to lead the U.S. Treasury Department, testifies before the Senate Finance Committee on Capitol Hill in Washington February 13, 2013.

Credit: Reuters/Kevin Lamarque (UNITED STATES - Tags: POLITICS BUSINESS) - RTR3DQTB

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WASHINGTON (Reuters) - Jack Lew was sworn in as Treasury secretary on Thursday, a White House official said, after winning bipartisan support in the Senate.

Lew, a budget expert and former chief of staff for President Barack Obama, was confirmed by the Senate on Wednesday with 20 Republicans voting for him. He replaces Timothy Geithner, a former regulator with the New York Federal Reserve who left the Treasury last month.

(Reporting by Anna Yukhananov and Mark Felsenthal; Editing by Chizu Nomiyama)

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Comments (2)
AdamSmith wrote:
Jack Lew would not have been appointed by President Obama unless Lew, like Timothy Geithner before him, is totally owned by the wealthy criminal class, one of them.

Lew is a Citigroup banker. Citigroup is the inner sanctum of the wealthy criminal class of multinational corporations who have sold out the American middle class for globalization.

Any business grouping of humans sitting at a table, from tribal times to today, from small-town tiny partnerships to multinational corporations — naturally tend to say, in their meetings, “It’s us against the world.” And it is.

After all, life itself is a competitive struggle. And business is especially so.

The PROBLEM is that the populace of any given country erroneously believe that the corporations that are legally chartered in their country have Patriotic notions.

A patriotic corporation? Nothing could be further from the truth. Corporation chartered in America — like Citicorp, Goldman, Exxon, IBM, Apple, Intel, Googl, Boeing — are legally created, by a legal document, to do what’s in the interest of their shareholders, period.

That’s why you see these American-chartered companies routinely outsourcing American jobs, selling and divulging American technology to foreign partners, selling weapons to foreign governments, importing low-wage foreign H1B Visa engineers to replace American engineers, and allowing the foreign engineers to take their newly learned skills back to their home countries to compete against America.

In short, corporations, whether American-chartered, Spanish-chartered, or Mexican-chartered, have zero patriotic notions. Patriotism is not part of the human-corporate-animal. How could we expect otherwise?

All large corporations doing business in America are not here to do the American people a favor. Rather the American people are its prey.

Obama chose Jack Lew because Obama is enthralled by the wealthy, and courts them assiduously.

Obama give speeches about medical care for the needy, and he gives a dollar and hour raise for minimum wage, and he gives speech after speech, trying to garner support from the masses.

But his actions, like the huge wave of immigration he is unleashing upon America in the coming year, destroys the American middle class, and enriches the wealthy. It is the wealthy whom President Obama serves.

Jack Lew, too, is their trusted servant.

Feb 28, 2013 2:58pm EST  --  Report as abuse
AZreb wrote:
We now have a newbie in the Three Stooges of the Obama cabinet – Holder, Napolitano and LEW! Nothing in this short article regarding Lew’s previous double-dealings –

Mar 01, 2013 8:05am EST  --  Report as abuse
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