Wednesday, February 11, 2009

Obama's Whiz Kid or Obama's Paulson

Maureen Dowd has her pitchfolk out and stabs it in the 'economic royalists' led by, as she sees it, Tim Geithner, in her NYT column today:

Tim Geithner, the learned and laconic civil servant and financial engineer, did not sweep in and infuse our shaky psyches with confidence. For starters, the 47-year-old’s voice kept cracking.

Escorting us over the rickety, foggy bridge from TARP to Son of TARP by way of TALF — don’t ask — Geithner did not, as the president said when he drew on the wisdom of Fred Astaire, inspire us to pick ourselves up, dust ourselves off and start all over again.

It is mindboggling to me that Obama has picked this guy. To put it mildly, in his first outing as Treasury Secretary, he does not inspire confidence. And right now, we need confidence, for goodness sake.

A very difficult question (for me): is Obama in the bankers' pocket, or am I missing something? Please, let me be missing something. This is breaking my heart.

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