22 March 2009

New York Times OP/ED Asks if Geithner/Summers/Bernanke is Obama's Katrina Moment

Frank Rich, who I generally find unobjectionable, but also unmemorable, asks this question, and I believe that he may be right.

I believe that Wall Street is being run by, and for, a corrupt class of overpaid crooks, and most of the country agrees with this, but Geithner/Summers/Bernanke believe that these folks posses the unique genius to fix the problem that they have created.

They are wrong, and unless, and until, the campaign to fix these things becomes a campaign against these folks too, a bit of reality that even perennial light weight Maureen Dowd gets, things will get worse.

These people don't work for their banks or brokerages, they work for their own benefit at the expense of those banks or brokerages.

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