You know, at first I was disappointed in this Geithner guy as well, but the more I think about, the more I think it was a genius pick. As usual, and as I explan below, BHO is way ahead of you plebes.
Here’s what I think the Big O did: He of course recognizes that we are in an economic crisis. And, he recognizes that there is value in continuity during an economic crisis. He didn’t want to panic the stock market, so he picks Geithner. Geithner is flawed, but he’s not going to spook the stock market.
But, and try to stay with me here, Geithner is just a figurehead. He isn’t going to be making the economic decisions. Obama and his Economic Advisory Team will be making the decisions. Geithner is nothing more than a figurehead and an errand boy who will carry out those decisions.
Once this crisis passes, Geithner will be asked to resign and a new, more palatable Treasury Secretary will be brought in.
