November 25, 2008

More Geithner

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MORE GEITHNER….Dan Drezner reinflates the Tim Geithner bubble:

If Tim Geithner weren’t so nice, he would probably be insufferable right now….This is a good thing too, because one could forgive Geithner right now if his head swelled just a little bit. The Dow Jones Industrial Average shot up five hundred points on Friday as word of his appointment leaked. The Dow jumped close to another four hundred points yesterday after Obama officially introduced him. One has to wonder if, sometime this week, when Geithner’s wife asks him to do the dishes, he will be tempted to respond, “Have you caused the Dow to jump by more than ten percent? I didn’t think so!”

But the real question is: who will Geithner bail out for Thanksgiving? Yet another turkey?

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AN IMPORTANT UPDATE

We’re falling behind our online fundraising goals and we can’t sustain coming up short on donations month after month. Perhaps you’ve heard? It is impossibly hard in the news business right now, with layoffs intensifying and fancy new startups and funding going kaput.

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