Comments on: Maybe Tom Friedman is Right

By: bs

bs — Sun, 23 Nov 2008 14:28:02 +0000

I said this within two days of the election. For one thing, GWB is still pulling silly stunts that I’d just as soon stop now than in January, and as you say - it would be interesting to get going on Obama’s destruction of the republic now so he can start turning folks against himself early.

By: kowalski

kowalski — Sun, 23 Nov 2008 09:43:01 +0000

Of the reason I am inclined to support it. Geithner and the Treasury Department under Obama are going to have their work cut out for them: the decisions are going to be theirs to make. It would be very clarifying if nobody could make any excuses along the lines of:

"Well, we couldn't get started until the end of January, and then we had two months of chaos, so none of this is our fault." Come, say, April.

Appointing Geithner now would eliminate that excuse if things get worse because of his decisions and policies. Nobody will be able to say he had to wait until late January to get into gear. On the other (less-cynical) hand, I don't see how it would hurt anything, either.

Geithner seems to be well-respected here, and by the market, and his colleagues. So where's the harm?

By: morningstar

morningstar — Sun, 23 Nov 2008 09:40:31 +0000

And in a way, I wish that BHO could take over right now too, though I understand that it is not constitutionally permitted (a girl can dream, though). After all, W can do nothing right, and BHO can do nothing wrong. It’s so much easier to criticize from the cheap seats, isn’t it?

By: Moe_Lane

Moe_Lane — Sun, 23 Nov 2008 09:25:52 +0000

After the way that his party foisted their regulatory sins on us, I quite like the idea of being able to start laying the blame where it belongs in November, instead of January.

…and that’s why it won’t happen.

By: itrytobenice

itrytobenice — Sun, 23 Nov 2008 09:22:51 +0000

The choice of Geithner as Treas Sec reassured the markets only as far as the fact that he is not Jennifer Granholm or her clone.

BO didn't pick a left wing lunatic, so the markets reacted favorably.\

But the Sec only can do so much, and it's no more than Paulson can do. It's BO's policies that are worrying those with money or hopes now.

If he goes with the green agenda of Nostrildomas Waxman, and the business killing tax increases, health care penalty, and union thuggery, we are hosed no matter who is Treasury Secretary.

Until BO takes office and actually proposes, compromises on (if necessary), passes, and signs legislation so they can see if he is really going to govern from the center or if he wants us to be FranceWithoutTheGoodFood the markets are not going to stabilize or recover and people are going to keep stocking up on guns and ammo.

Geithner was a good first step, but it's going to take more than that to reassure the business community in America when the morons of this nation elected a full fledged socialist.