Thursday, March 05, 2009

O' Idiots, Aunties And Assholes

clipped from www.nypost.com

The disappointment on Geithner starts with the fact that, since taking the job at Treasury, he's failed to articulate a way to bail out the imploding banking system - even though knowledge of the banking system's ills was supposed to be his strong suit. Worse, the word is that Geithner is still having trouble putting together a senior staff so he can come up with a bailout plan.

Thanks to all the class warfare produced by his boss, I'm told, Geithner can't find qualified people from Wall Street (the folks who know markets better than anyone else) to help solve the crisis. Instead, one saddened Obama supporter from Wall Street told me, "He's looking at a combination of bureaucrats and academics for these jobs."

Volcker, possibly the world's most experienced economist, is being treated like the crazy aunt in the attic. He's around, wandering the halls - but no one in the administration seems to care what he thinks.

RTWT. This is the post of the day folks. And that's saying something after the last one.