[cowpip]

There are those who are hailing Geithner as a good choice (mostly the media, who can't be trusted to give an unbiased opinion). He is, unquestionably, a very smart cookie. But he has been born from so deep inside the bowels of the Fed that I simply can't trust that what he will do will be for the benefit of the people as much as it will be for the benefit of the Fed and the banks that control the Fed. He is not only currently the President of the Federal Reserve Bank of New York, but he is also the VICE CHAIRMAN of the Federal Open Market Committee (Bernanke is the Chairman) where they set interest rates for the nation. He's so deeply imbedded in the Fed's thinking that you couldn't extract him from their bowels even with an elephant-sized enema.

If the Fed wants unrestricted access to the nations purse, Timothy is absolutely the best man for the job. I guess they've already had it with Paulson, so Timothy will just maintain the status quo.

[cowpip]

Here's an interesting factoid:

http://www.ny.frb.org/aboutthefed/or.../geithner.html

He was put in place at the New York Fed in 2003. From 2003 until now, he has been about as close to the bad-behavior that got us all in this current financial crisis mess as you could get.

And yet they want HIM to fix it???? Would someone kindly tell me... WHY????

[Chips]

Unfortunately, the only thing that makes sense is that he's not really expected to fix anything. That is, unless it's the 'fix' as in, "OK, cauliflower ears, the fix is in, ya understand me?...ya go down in the 6th, and make it look good. On second thought, I don't care if you make it look good or not. Just go down. They'll never notice."

And am I imagining things, or are CFR members now filling virtually every position in the coming administration? It's the fulfillment of the mission of the Creature from Jekyll Island.