A Quick What if

By Michael Gray
Treasury-designate Tim Geithner is schedule to have his Senate hearing tomorrow. Why was his tax problems leaked from the Senate committee? Why is the Obama team letting him twist in the wind and wait a week before the hearing after the leak?

It may be nothing by tomorrow, but how many times can the Obama team hear: Why should he oversee the IRS when he didn’t pay taxes?

Did Geithner butt heads with economic chieftain and former Treasury head Larry Summers, who he formerly worked for?

And could Summers be looking for a more seasoned bag money man like fellow Treasury alum Robert Rubin to move in quickly and implementĀ  Obama’s plan of putting money in consumers and state government hands instead of black-hole banks.

I have no reason to think this is true, except my gut. We’ll know soon enough.

For more on Wall and Washington and the cratering economy see: http://mgray12.wordpress.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s