My Conversation with Timothy Geithner

My conversation with Timothy Geithner, U.S. Treasury Secretary.

Comments

[tailgateshirts]

I'm not sure why the TV Personalities think Geithner needs to be personable and fun???

This guy is worried about getting the economy back on track, not being a poster boy.

They send someone else like Bernake to talk and reassure people, hes good at that when he has positive things to say.

[SunnyT]

Secretary Geithner doesn't have a compelling speaking style, but what he said in this interview was interesting and very reassuring. I have much more confidence in his insights and abilities. Thanks, Charlie, for another enjoyable and enlightening interview.

[rblaquinta]

I Ditto that SunnyT!!!!

[Sundialsvc4]

Charlie, you are a masterful interviewer.

I personally think that Sec. Geithner is fulfilling his appointed mission to the best of his ability, and that role necessarily encompasses every single thing that he says and every place where he says it. His role, I think, is "to give the strategy that was handed to him by his predecessors the very best shot at success that said strategy can possibly have." He is not going to waffle, is not going to suggest that it will not work, is not going to cast any words of doubt, because the stakes are huge.

But, elsewhere in general realm of "the Executive Branch," we also hear other strategies and points of view getting their equally-careful day in the sun. Each viewpoint has its advocate, and its devil's. All are aimed at the same, mutual, very-extreme problem.

Whatever we ultimately do, as a nation and as a world, absolutely must be "the right move," and anything that you say or do, how you hold your eyes, how you hold your hands, is being watched by people who can type very fast. There has to be discussion, consensus, and a LOT of thinking. "We've only got one shot at this."

At the end of the day, Congress will decide: only Congress can. There will be no waving of magic-wands: there is no wand to be waved.

[Nagaer]

I concur in applauding Mr. Rose for the forum he provides and the variety of his show's topics. It was a good setting in which to get to know Mr. Geithner and, to a limited degree, become familiar with the theory behind the Secretary's actions.

[wagadog]

At least he has the good sense to have ditched the Man Who Bankrupted Harvard, Larry Summers.

http://www.forbes.com/2009/02/20/harvard-endowment-failed-business_harvard.html

Time was, every time you saw Timmy in a photo or vid, there was old Lare hanging around like a bad smell.

UUUGH.

A misogynistic bad smell.

http://www.boston.com/news/local/articles/2005/01/17/summers_remarks_on_women_draw_fire/

[grateful4thedead]

hey wagadog...geithner is carrying summers' water, everyone knows that. and they are both carrying water for the fed.

[Persson4]

Charlie has been having great guests on for the past week discussing tech innovation, the future of social networking and making sense of the financial mess. All the shows give you the feeling that the economic turnaround will come about due to individuals who lead from the ground up.

We will see a turnaround sooner rather than later, Americans will start spending again and the only demographic that will be significantly affected by this downturn are the boomers.

[Sundialsvc4]

When the laws are changed (throughout the world), the blatant usury is removed, the criminals and high-criminals are brought to justice, and trillions of worthless zeroes are purged from balance sheets, yes... there is certainly the willingness to spend.

To spend ... but not to be swindled, not to be fleeced, not to be "crucified upon a different 'cross of gold.' "

I would remind us that "high crime is real crime," and "any civil officer" can be guilty of it. These crimes have quite-literally made us into a nation and a world of plaintiffs. With power, also goes trust. With great power, there is also the ability to do great harm. Furthermore, "usury" is such a reprehensible crime that ancient books ... Deuteronomy, for instance ... speak vehemently against them -- and for good reason.

The circumstances that have befallen the entire world right now are not "normal." They are the result of a phalanx of great and heinous crimes.

[PiscesPrincess]

Well, Put; thank you; Yes, the Boomers, I also believe are the ones who brought this mess about and will take the heat down the road. What goes around comes around. trite but true.
You speak far better than I but that doesn't get in the way of appreciation of good grammar with excellent vocabulary. Insightful as well.

[SJBrown]

Timothy Geithner is right for the times. He has a strategy, a plan, and is looking out for the average taxpayer. He stands his ground and is clear on why they are making the decisions they are making.
He stood his ground with Charlie Rose and is focused on ground truth. We need good thinkers instead of fast talkers.

[joebhed]

Thank you, Mrs. Geithner.

[greasygreens]

Geithner said nothing specific or concrete. What does he mean by capitalism being different? These guys are not fixing anything, because the fix is already in!

[moutonnoir]

hopefully he means some sort of reinstatement of old checks and balances in all branches of government and the financial institutions.. somehow i doubt that is what he means though.. that would be different! it would go back to roughly what we had before reagan.. or at least that is my impression...

dont be surprised if what he means is that FDIC will now extend more insurance to big banks and insurance companies, no matter what short tradingnaked short trading nonsenseponzi scheme credit extendingetc they are involved in.

[PiscesPrincess]

Fixing is already in??? How long has he been on the job. I rest my case. Give it a little time.
Our culture is always in such a hurry... gotta solve it "yesterday" aint' gonna happen overnight.
Patience.

[MomfromTexas]

I'm looking forward to watching this interview. It appears that Geithner is doing a better job communicating one-on-one, than he does when he's addressing a crowd. I'd like to have an understanding of his views and where he's coming from, but it's difficult because he struggles so with public speaking.

[Savanna]

Well, at least he doesn't have the "deer in the headlight look" like someone else we knew who was trying to lead us through bad times. Personally, I think he is brilliant, and he tries to explain a very complex
problem in a way that is understandable to us all.

[PiscesPrincess]

Yes, and he isn't reading off a teleprompter. that makes a difference. Talking points notwithstanding.