The more I hear of Geithner
...the less I'm liking him.
This is really, really upsetting. Banks received TARP money and it didn't help anything but the CEO's bonuses - it sure as hell didn't free up credit - and now it might HAPPEN AGAIN?
From nytimes.com: "WASHINGTON— The Obama administration’s new plan to bail out the nation’s banks was fashioned after a spirited internal debate that pitted the Treasury secretary, Timothy F. Geithner, against some of the president’s top political hands
In the end, Mr. Geithner largely prevailed in opposing tougher conditions on financial institutions that were sought by presidential aides, including David Axelrod, a senior adviser to the president, according to administration and Congressional officials.[..]"
No wonder he postponed telling us, until AFTER Obama's address last night. So, I wonder when Gov. Palin is going to be invited to the White House for HER advice?
I guess this is one of those times when I need to take a deep breath and learn to trust in Obama's Long Game.