I have been trying to get back here for weeks, but rolling waves of shock from daily revelations about unimaginable greed in my immediate and the global world have taken my breath away. I have cried and gnashed my teeth, both literally. I have missed appointments and holed up in my office, hoping the phone wouldn't ring. Each morning I check the news. When Bush was in office I said a silent prayer that we hadn't blown anything up or killed too many more people while I slept. Now I say a silent prayer that maybe Obama will have figured out that Timothy Geithner is fundamentally dishonest and Larry Summers is fundamentally wrong and both have confused what is best for the country with what is best for banks instead of people.
I watched Geithner speak before congress and watched the way he ducks his head and glances sidewise at the people he is addressing, and thought, you don't have to watch "Lie to Me," or be a psychologist (although I am), to get the creepy feeling that this guy is lying. To see what I'm talking about you can watch this interview on CNN, or any other video you can find of Geithner where he is responding to tough questions.
Day after day I read statements by really smart economists, one after the other: Paul Krugman, Nouriel Roubini, and most compelling of all, Joseph Stiglitz. I almost felt reassured listening the sense Stiglitz made during a talk at Columbia University Business School on February 19th. There has been one serious problem that has grown clearer every day since then... No one in control seems to be listening.
Wednesday, April 8, 2009
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