Short Memories and Abdicated Responsibilities

Geithner: My Plan for Bad Bank Assets – WSJ.com

This requires those in the private sector to remember that government assistance is a privilege, not a right. When financial institutions come to us for direct financial assistance, our government has a responsibility to ensure these funds are deployed to expand the flow of credit to the economy, not to enrich executives or shareholders.

This paragraph is simply staggering as a display of either Geithner‘s near-total lack of self-awareness, or his belief that we are just that stupid.

I’m trying really hard to figure out who is the bigger buffoon, Geithner or Obama. It’s really a chicken-or-the-egg situation at this point, isn’t it? Happy?