Tuesday, February 10, 2009

Geithner Makes Jello

For all the hype by Barack Obama at his news conference of last night and by numerous Democrats and Administration personnel over the last few days, the Geithner plan fell way short of being specific about anything (See Full Story). It is the plan that isn't. Maybe $200 billion? Maybe 1/2 trillion? Maybe, a trillion or more? He doesn't seem to know. Like jello, there's nothing to get your hands around and the stock market followed the release of his plan with a 300 point downdraft. He was supposed to release this plan yesterday. He needed a whole extra day to say what little he said today?

Obviously, a guy that can't do his taxes right shouldn't be in charge of saving this country from its credit problems. (I know that was a cheap shot....but, he well deserves it after this performance!) This is another one of Barack Obama's bad choices. It started with Biden. Then, Richardson. For sure, Daschle. And, the bad choices to run this government just keep showing up. Pre-election, you only have to look at his choices of Reverend Wright and William Ayers to know the this President of ours has demonstrated failure in judging character.

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