[lbo-talk] Timmy meets the Establishment

Doug Henwood dhenwood at panix.com
Wed Mar 25 13:29:11 PDT 2009


<http://doughenwood.wordpress.com/2009/03/25/timmy-meets-the-establishment/

>

Treasury Secretary Tim Geithner appeared this morning at the Council on Foreign Relations. The main meeting room, named after private equity kingpin and entitlement scourge Pete Peterson, was jam-packed with members, so we media hacks had to watch the proceedings on a video screen set up in the David Rockefeller Room.

Geithner’s remarks (as prepared, here; as delivered, here) mostly achieved the anodyne level customary to the genre. He’s glib in a way, but doesn’t give the impression of having a powerful or capacious mind. Though he’s 47, he still gives the impression of being a kid playing at being a grownup—or so it seemed on the closed-circuit TV.

A couple of highlights stand out amidst the boilerplate....



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