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But by the time Geithner and Summers slide into the dustbin, will the remaining political environment be one in  which a true progressive plan can be installed? Or will the US be the Wiemar Republic all over again?
That is the question.  I would feel a lot better if someone could convincingly argue that all of the promises already made and currently on offer by Treasury and the Fed to AVOID acknowledging the scope of the problem can easily be dealt with and will not, themselves, undermine our ability to actually deal with the problem when we finally have to acknowledge its true nature.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun Mar 22nd, 2009 at 06:33:04 PM EST
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