Thursday, June 9, 2011

Detour into Geitner

I'm still working on the second installment of CBO report analysis. Meanwhile, for all of you Geitner fans, here's an interesting article about our Treasury Secretary.

Obama had no trouble having Geitner confirmed, and the Republicans never complained about Summers -- they are both dependable voices for the wealthy and banks in particular. On the other hand, Elizabeth Warren, who doesn't come from a big bank or insurance company, will never be confirmed as head of the Financial Regulatory Commission. That's 'cause the Party for The Rich knows she would actually do some regulating.

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