What should Obama do differently here? (Not a trick question.)
For my part, what little I know, I think the response to the financial crisis has been altogether too ‘establishment’. Summers is a dufus. Tax-cheat geithner is in way over his head. Volcker is awesome, but he seems to have been sidelined. Bernanke is a clown but he works from the Fed side. Nobody from Citi should have a job. AIG management should have been thrown in Guantanamo and Madoff should have been stoned to death. I mean, WTF???
I’m definitely pulling for a successful Obama presidency. I don’t want to see the country go up in smoke. But I think he needs to staff the administration with people who are capable and willing to ‘flush’ the fraud out of the system. Ass-kickers, not ass-kissers.
