Geithner's Debut: "Not Ready for Prime Time"

By Mike Whitney

Tuesday was Treasury Secretary Timothy Geithner's coming out party. He was supposed to outline Obama's Financial Stability Plan to the Senate Banking Committee. Wall Street was looking for clarity, but it didn't get it. Instead, they got 25 minutes of political posturing and blather. The markets went into freefall. By the end of the day, the Dow was down 382 points. It was a complete fiasco.

http://informationclearinghouse.info/article21978.htm



Who is Pulling Geithner's Strings?

By Cliff Kincaid

Treasury Secretary Timothy Geithner on Tuesday carefully read from a teleprompter and provided what his flack said was a "comprehensive" plan. It was not comprehensive in any way. It seemed so amateurish and shallow that the market dropped and commentators and senators were almost incredulous at the lack of detail.

http://informationclearinghouse.info/article21984.htm



Geithner gets the keys to the henhouse

By Mike Whitney

Geithner did us all a big favor on Tuesday by exposing himself as a stooge of the banking industry.

http://informationclearinghouse.info/article22025.htm



High Noon: Geithner v. The American Oligarchs

Bill Moyers interviews former chief economist of the International Monetary Fund (IMF)

Read video and transcript

"There comes a time in every economic crisis, or more specifically, in every struggle to recover from a crisis, when someone steps up to the podium to promise the policies that - they say - will deliver you back to growth. The person has political support, a strong track record, and every incentive to enter the history books. But one nagging question remains. Can this person, your new economic strategist, really break with the vested elites that got you into this much trouble?"

http://informationclearinghouse.info/article22020.htm

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Putting the fox in charge of the henhouse
http://www.brasschecktv.com/page/573.html



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