...Even some left-wing “progressives” fear that Geithner doesn’t know anything more about running an economy than he does about his own personal finances, and that his policies are destined to fail....
...Geithner’s “international respect” comes from Kissinger and other global players in such organizations as the Group of Thirty and the Council on Foreign Relations (CFR), which wield major influence over U.S. economic and foreign policy. Geithner is a member of both groups.
In other words, to take Lou Dobbs’ point even further, Paulson’s “buddies” are Geithner’s “buddies.” It’s not change, but if the media won’t pay any attention to what’s really going on, then most members of the public may never find out.
In this context, it is worth noting that corporate members of the CFR include ABC News, General Electric (parent of NBC News), News Corporation (parent of Fox News and the Wall Street Journal), and Time Warner (parent of CNN and Time). Veteran NBC newsman Tom Brokaw serves on the advisory board of the CFR journal Foreign Affairs. Jim Hoagland, an associate editor, chief foreign correspondent and weekly columnist for the Washington Post, is also on the Foreign Affairs advisory board.
These connections are supposed to help make sure that the controversy over Geithner doesn’t get out of hand. But the American people can have a say in that. The Senate switchboard number is 202-224-3121....
Call Monday, Tuesday at the latest.
Complete Commentary at: http://www.newswithviews.com/Kincaid/cliff289.htm
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Saturday, January 24, 2009
China Will Be Happy With Geithner - The China Post
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