Tuesday, November 25, 2008

Is Team Obama ok...?

Team Obama – does it exude confidence?

Not unless they convince they’ve learnt from their mistakes, calls out NYT editorial

“Both men, [Timothy Geithner, Mr. Obama’s choice for Treasury secretary, and Lawrence Summers, his choice for director of the National Economic Council] however, have played central roles in policies that helped provoke today’s financial crisis. Mr. Geithner, currently the president of the Federal Reserve Bank in New York, also has helped shape the Bush administration’s erratic and often inscrutable responses to the current financial meltdown, up to and including this past weekend’s multibillion-dollar bailout of Citigroup.”

Obama had better be right. If he gets it wrong, it’s ruin!

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