Wednesday, November 18, 2009

Fire Geithner and Summers? FINALLY!!!

Right now, I am totally loving Rep. Peter DeFazio. Citing the dubious connections to Wall Street that Obama's two top economic appointees have (not to mention Summers role in decimating Great Depression era restrictions that kept the economy in good stead for decades, while he was under the Clinton administration), DeFazio is calling for increasing the unemployment numbers by two.

I've registered my complaints with these two in the past (see here), and I have yet to believe that they are beneficial to our economy. I know that there are those who feel that Obama has all of these long range, chess strategy based moves that he will make over the course of his administration, but the appointments of these two have always just left me cold. Always. The bizarre ties with Goldman Sachs, an organization that Matt Taibbi has been eviscerating with each new blog post, are only the beginning. And it seems that Rep. DeFazio has had enough.

I hope that there is a groundswell of support for dumping these two men from the Obama economic team. Paul Volker, Robert Reich and/or Paul Krugman would be much better choices for dealing with this economy. And God knows that Elizabeth Warren has been doing everything but self-flagellation to bring attention to the problems that are not changing under these men.

It's time for change we can believe in, and I will not believe that change is beginning to come economically until Geithner and Summers are out of work, and some people with genuine concern and empathy for Main Street are devising economic policy for the Obama administration.

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