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Monday, March 09, 2009

Barack Obama - and his Treasury Secretary

So, how careful of a choice was this?
He didn't pay his taxes, and now this.
I'm wondering who he has pictures of. If you get my drift...
I found this in an article by Peter Hartcher on the Sydney Morning Herald website:
"In a speech to a closed gathering at the Lowy Institute in Sydney on Thursday, Paul Keating gave a starkly different account of Geithner's record in handling the Asian crisis: 'Tim Geithner was the Treasury line officer who wrote the IMF [International Monetary Fund] program for Indonesia in 1997-98, which was to apply current account solutions to a capital account crisis.'

In other words, Geithner fundamentally misdiagnosed the problem. And his misdiagnosis led to a dreadfully wrong prescription."

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