Wednesday, March 25, 2009

Arianna Huffington: Take the Steering Wheel out of Geithner's Hands

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AP Photo/Gerald Herbert

Arianna Huffington: Take the Steering Wheel out of Geithner's Hands

Arianna Huffington: Tim Geithner's actions throughout his career, including his time as Treasury Secretary, are proof that the toxic thinking that got us into this mess is part of his DNA. That's why every proposal he comes up with is déjà vu all over again -- a remixed variation on the same tried-and-failed let-the-bankers-work-it-out approach championed by his predecessor, Hank Paulson. Geithner's Masters of the Universe, the people he still thinks are the ones we should turn to to save the day, are the same people who brought us here. And that is why Geithner either needs to go or keep his job but have his authority stripped and transferred to someone who does not share his Wall Street Weltenschauung. Use any window dressing you want, just take the steering wheel out of Geithner's hands. Click here to read more.

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