The indispensable man? Not?!
I do feel sorry for Geithner under the gun and over estimated.
Michelle Malkin isn’t surprised that Timothy Geithner, newish Treasury Secretary is flailing about: here:
“With an awkward first television appearance, a bank rescue plan that lacked promised specifics and two restructured bailouts that raised taxpayer risk, Geithner has failed to calm financial markets desperate for answers.”
Excerpts from the pen and wisdom of Charles Krauthammer writting for the Washington Post with my emphasis:
“A failure to act, and act now, will turn crisis into a catastrophe.”
— President Obama, Feb. 4.………………………………………………………………………………………………………………………………….
Catastrophe, mind you. So much for the president who in his inaugural address two weeks earlier declared “we have chosen hope over fear.” Until, that is, you need fear to pass a bill.
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And yet more damaging to Obama’s image than all the hypocrisies in the appointment process is his signature bill: the stimulus package. He inexplicably delegated the writing to Nancy Pelosi and the barons of the House. The product, which inevitably carries Obama’s name, was not just bad, not just flawed, but a legislative abomination.
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It’s the essential fraud of rushing through a bill in which the normal rules (committee hearings, finding revenue to pay for the programs) are suspended on the grounds that a national emergency requires an immediate job-creating stimulus — and then throwing into it hundreds of billions that have nothing to do with stimulus, that Congress’s own budget office says won’t be spent until 2011 and beyond, and that are little more than the back-scratching, special-interest, lobby-driven parochialism that Obama came to Washington to abolish. He said.
Be Holy! 