“No Man’s life liberty or property is safe while the legislature is in session”.

- attributed to NY State Judge Gideon Tucker



Thursday, March 12, 2009

Tim Geithner Goes Slumming for Softball Questions

You have to laugh.

In order to avoid any chance at all of real questions from an informed interviewer, Treasury Secretary and administration Tax Cheat Tim Geithner appeared two nights ago on whose program?

Why, public television's good ole boy and affable dunce, Charlie Rose.

That's right. Geithner skipped any cable channel with an informed, veteran business or financial reporter who might have grilled him on issues such as:

-Tim, how can you lambaste the Bush administration's effort at rescuing the nation's banking system, when you were a key player in that rescue?

-Tim, why have you dithered since being sworn in, as you had nearly three months to prepare to tackle the various issues in your department? It seems you and the rest of your administration was great at 'transitioning,' but remain unable to govern, now that there is a new President?

-Tim, why don't you just work with Sheila Bair to close commercial banks that are insolvent, once all assets are appropriately market to economic value, such as Citigroup, which obviously would be bankrupt, had the federal government not injected so much of its current common equity?

-Do you think you'll be able to fully staff your department before your boss is running for renomination of his party for President?

No chance of questions like that from Charlie Rose. I'd be surprised if Rose knows what the Treasury Secretary does. The few moments of Rose's programs which I have seen usually show him agog with wonder and admiration for his guest. He asks questions in a tone of ignorance and appreciation that his guest will even speak with him.

Boy, Geithner couldn't have slummed much lower, could he?

Rumor has it his boss is going to appear on The View in lieu of his next press conference.

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