ITWASSOOTED: Geithner and Summers "have played central roles in policies that helped provoke today’s financial crisis"

Friday, November 28, 2008

Geithner and Summers "have played central roles in policies that helped provoke today’s financial crisis"


When you keep using the same bad actors and expecting a different result it could be said that you think we are all insane to believe your brand of bullshit..... Obama = re branded same bullshit?


Widespread praise for Obama's new economic team

Glenn Greenwald
(updated below)

From most precincts, there is lavish praise being heaped on Obama's new economic team, particularly soon-to-be Treasury Secretary Timothy Geithner and National Economic Counsel chief Larry Summers, who are being hailed as exactly the type of serious, deeply intelligent, pragmatic experts needed in this financial crisis. Oddly, that praise is pouring forth despite what many economic experts say is the role -- perhaps critical roles -- that each of them played in enabling this crisis in the first place.


SNIP

"how often we are told that past actions and ideology of new political leaders don't matter, that what matters is that they are serious, pragmatic establishment experts who can be trusted to do the right thing." Glenn Greenwald
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