Wednesday, January 14, 2009

Rubinomics strikes again

The bad news is that the new soon-to-be-confirmed Secretary of the Treasury didn't pay his taxes until he was audited and forced to do so.

But hey, the good news is that it was all just an honest mistake! That IMF payroll system was just too darn tricky and complicated for him.

Umm, wait a minute....

Geithner's only claim to fame is being a protege of Rubin and Summers, the soi-disant geniuses and Wall St. apologists whose ideological opposition to all regulation of financial industries brought us the whole fucking securities-industry meltdown and with it the total crash of the American economy. It would be really, really nice if Obama started throwing these boys overboard. But I don't see it happening. Because not paying your taxes and having an illegal housekeeper can only make Geithner seem all the more reassuringly One of Us to Wall St. and the Republican Party. And of course appeasing those two groups is universally understood to be the sole legitimate aim of Democratic administration economic policy.

Even more than Her Hillaryship, this is the nomination that made me decide I just don't believe in all that hoohah about 'Change'. Or rather, I'll believe it when I see it, and with this shower I'd be crazy to expect to.

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