geithner critics

Markets are fake , one day they say buy it the rescue plan is coming , the other day sell it , geithner cannot rescue us . an impulsive assessment. and journalists are their voice.

I wish only there was more independent judgment . the markets and in particular the financial s system have miserably failed and if we stick to a keynesian analysis there is no rescue package but a stimilus( courtesy of http://ftalphaville.ft.com/blog/2009/02/09/52217/depression-alert-international-institution-edition/ )

Let's be realistic , Wall Street is very keen for Obama to fail , they dont want to lose their privileges , their freedom to raid all the shareholder value and control the public treasury. For the time being there are no concrete solutions for Geithner but trying hard . In other words , it is not whether the plan will or will not work. the plan has to work under a strong leadership whatever path is going to take. A Kantian imperative is there , es muss sein, it has to be . at the end of the bush mandate,something was missing , moral authority to get on the right track. now a new chapter has opened with 4 more years to address the situation.