Wednesday, January 12, 2011

Geithner Wins, Pundits Lose

Peter Schroeder of The Hill points out that “Treasury Secretary Timothy Geithner has fended off repeated calls for his resignation to become the last man standing from President Obama’s original economic team.”

To which I say, “hurrah!” I held Geithner in high regard before the crisis, and I think his performance as Treasury Secretary has been superb. He has consistently refused to allow the media/political circus to dictate his policy decisions, and, as a result, has been the target of a seemingly never-ending stream of ill-informed and often disingenuous attacks from journalists, politicians, and pundits. (I’ve head all the criticisms of Geithner, and I’ve found them wanting, to say the least.) But, thankfully, he has endured, and I’d say it’s now likely that Geithner will be Treasury Secretary for the duration of Obama’s presidency. In other words: Geithner wins, pundits lose.


Anonymous said...

I think it also reflects well on president Obama that he is not getting influenced by the media attacks on Geithner.

anon in austin said...

Quelle surprise !

Anonymous said...

I dont really understand, and maybe you can explain this, what exactly did Geithner do to deserve any platitudes? China is still systematically manipulating its currency, the US still has its budget and trade deficit, too big too fail have become even more too big too fail, 0% interest is the only way that some banks will be able to get from under their derivatives over hang (if at all), unemployment numbers are not moving. is great and all that Geithner that TARP paid off for itself but without Bernake's pumping of the stockmarket would the government walked away with a win here? Its hard to imagine.

Toronto said...

I have to agree about Obama not getting influenced by the media, well said Anonymous.

urban legend said...

If the NY Fed were requiring participation in the form of a haircut to implement a politically palatable solution, how can that be misusing its authority? The concept of misuse here seems dependent on the characterization that the purpose would be sheer retaliation. If that's not it, then the whole premise fails.

Anonymous said...

Missed this post. I have been a vigorous defender of Timothy Geithner since the bailout days.

The vast majority of the attacks on him were insipid and silly. There were multiple lows. When the Huffington Post went after his blue-tile bathroom was one of the worst. Barofsky's idiotic attack was another.

Wasting their time attacking Geithner (essentially attacking their own President) was a big reason progressives got their well-deserved butt kicking in the off year. Colossally stupid politics.

Runescape Gold for Sale said...

Not long ago i found your own article and possess been recently reading along. I want to convey our love of your respective producing talent as well as ability to create viewers read right from the start for the finish. I have to go through modern blogposts and discuss my thoughts along.

Sell Runescape Gold
Cheap Runescape Gold

Anonymous said...

Nearly all theDiablo 3 items problems with him or her have been insipid as well as ridiculous. There was multiple levels. If your Huffington Article attacked their blue-tile rest room seemed to be on the list of most detrimental. Barofsky'sDiablo 3 items idiotic attack was yet another.

GM MDI said...

Now, just before you rush for the nearest store and purchase your 1st OBD II scanner listed here are purchasing guidelines you might choose to retain in mind.

Unknown said...

yemek tarifleri
ekol hoca
android market
twitter aç

bell said...

Effects pedalsI really enjoy looking through on this website ,Delay Pedals it has got superb articles . "The great secret of power is never to will to do more than you can accomplishMulti-effects Pedals


Excellent post on regulations.

Trần Duy Thuận said...

Trần Duy Thuận Blog đang cần nhận gia công tại nhà. Ai có cần người nhận gia công tại nhà tphcm liên hệ mình nhé. Truy cập vào đặt vé máy bay giá rẻ vietjet để có thêm kinh nghiệm khi đi máy bay nhé.

ntin index said...

Chia sẻ blogs
Chia sẻ blogs
Chia sẻ blogs
Chia sẻ blogs
Chia sẻ blogs
Chia sẻ blogs
Chia sẻ blogs
Chia sẻ blogs
Chia sẻ blogs
Chia sẻ blogs

Unknown said...

شات بنات مصر
شات بنات مصر
شات مصرى
شات مصرى
شات مصري
بنات مصر

شات مصر
شات مصرية

شات مصرى
شات بنات مصر
شات مصرى
بنات مصر
شات مصرى
شات بنات
شات مصر
شات مصرية

شات مصرية
شات مصريه

شات بنات مصر

Unknown said...

Togel Online Singapore
Togel Online Hongkong
Bandar Togel Singapore
Bandar Togel
Togel Online Terpercaya
Bandar Togel Online Terpercaya
Togel Online
Agen Togel Online Terpercaya
Agen Togel Online

Unknown said...

Jual obat herbal de nature asli untuk berbagai penyakit kelamin dan sebagainya
Obat Wasir Herbal
Obat Wasir Herbal Mujarab
Obat Wasir Herbal Ampuh
Obat Wasir Herbal Pada Pria
Obat Wasir Herbal Di Apotik
Cara Mengobati Wasir Stadium 4
Cara Mengobati Wasir Stadium 4 Tanpa Operasi
Cara Mengatasi Wasir Stadium 4
Cara Penyembuhan Wasir Stadium 4
Cara Mengobati Ambeien Stadium 4 Secara Alami
Cara Pengobatan Wasir Stadium 4
Cara Pengobatan Ambeien Stadium 4
Cara Mengobati Wasir Stadium 3 Dan 4
Cara Mengobati Wasir Stadium 3
Cara Mengobati Wasir Stadium 3 Secara Alami
Obat Wasir Herbal Apotik
Obat Wasir Herbal Untuk Ibu Hamil
Obat Wasir Herbal Terdaftar Bpom
Obat Wasir Herbal Untuk Ibu Menyusui
Obat Wasir Herbal Bandung
Cara Mengobati Wasir Stadium 3 Dan 4
Cara Mengatasi Wasir Stadium 3
Cara Mengobati Ambeien Stadium 3 Tanpa Operasi
Cara Menyembuhkan Wasir Stadium 3
Cara Mengatasi Ambeien Stadium 3
Cara Alami Mengobati Wasir Stadium 3
Cara Mengobati Ambeien Stadium 3 Secara Alami
Obat Wasir Herbal Manjur
Obat Wasir Herbal Semarang
Obat Wasir Herbalife
Obat Wasir Herbal Jogja
Obat Herbal Wasir Berdarah
Obat Herbal Wasir Dalam
Obat Herbal Wasir Akut
Obat Herbal Wasir Stadium 4
Obat Herbal Wasir Terpercaya
Obat Herbal Wasir Stadium 3
Obat Herbal Wasir Internal
Obat Wasir Herbal Alami

Agen Domino said...

Ayo Bergabung Bersama kami di
Proses Deposit / Withdraw Super Cepat Dan,
Didukung Oleh Costumer Service Kami Yang Ramah.
Kami Juga menyediakan berbagai macam game dalam 1 ID :
- Poker
- Capsa
- Ceme
- Q- Kick
- Ceme Keliling Dan
- Live Poker
Banyak Bonus Dan Jackpot yang akan menanti anda
kami Juga memberikan bonus Seperti
- Bonus New member 10%
- Bonus Turnover 0.5% Dan
- Bonus Refferal 20%
Tunggu apa lagi Gan.. !!
Buruan Daftar diri anda di
Anda juga bisa Hubungi CS kami :
- Skype : Pokersemi
- Yahoo : Pokersemi
- Twitter : Pokersemi
- Facebook : Pokersemi

Agen Domino Terpercaya
Judi Poker
Judi Poker Online

Agen Domino said...

nice article, thank you for sharing

Agen Domino Terpercaya
Judi Poker
Judi Poker Online

Bandar Poker Terpercaya said...

The article on this site is very interesting, thank you
Selamat datang di LENOVOPOKER™ Top 1 Judi Online
Promo Terbaru LENOVOPOKER :
- Bonus New Member Depo +20%
- Bonus All Member Next Depo +5%
- Bonus All Member Refferal 30%
- Bonus All Member Rollingan 0.5%
Contact : BBM : LENOVO88
WA : +6281375260652
Agen Domino 99
Bandar Poker
Agen Ceme
Bandar Ceme
Judi Poker Terpercaya