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    Joseph E. Stiglitz

    Geithner; Gold on the Hill


    by: Betsy L. Angert

    Mon Apr 27, 2009 at 00:00:00 AM EDT

    GthnrGld

    copyright © 2009 Betsy L. Angert.  BeThink.org

    Today, Timothy Geithner garners much attention.  Initially, when introduced on the national scene, people pondered; "Who is he?" The former President of the Federal Reserve Bank of New York has an impeccable résumé.  Some said his record speaks for itself.  Average Americans might have admired his ascendancy. Taxpayers could have appreciated that a man of his age would wish to manage the complexity of the United States coffers.   Countless may have considered the enormous challenge he accepted; yet, not comprehend, for Secretary Geithner, this may have been the plan.

    Early on, Treasury Secretary Timothy F. Geithner had his sights set high.  As a child, born to an affluent, and influential family, he learned that all he desired could be his.  He saw the potential for power in political prospects.  The practicality of a profitable purpose also was apparent to Tim.  When a lad, there was no reason for Timothy to reflect on the concrete pavements beneath his feet.  Geithner would not have supposed he would work as a laborer.  Nor had he likely seen himself as one among the swarms of ordinary citizens.   His personal history may have helped him to know, he would not have to pound the streets to seek pennies for his pocket.  Unconventional as his life had been, Timothy Geithner might have imagined as others did; he was destined for greatness.

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    Where is the restraint in spending?


    by: Betsy L. Angert

    Thu Feb 26, 2009 at 13:00:00 PM EST


    Republican Response to Obama Budget Request - Bloomberg

    copyright © 2009 Betsy L. Angert.  BeThink.org

    On this fine day in February 2009, President Barack Obama submitted his budget blueprint.  For  the first time, in near a decade, transparency is built into a national financial plan.  The tremendous costs to wage the two wars America is engaged in are no longer hidden.  Outlays for military offenses have been written into the ledger, and not in the traditional invisible ink.  While one might think fiscal and political Conservatives would be pleased, upon receipt of the document, Republicans immediately pounced.  Senator Judd Greggspoke on the Grand Old Party's behalf when he asked, "Where is the restraint in spending?"

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