Comments on: Geither’s Loose Lips (Briefly) Sink Dollar Ship (Updated)

By: Dave Schuler

Dave Schuler — Thu, 26 Mar 2009 21:15:12 +0000

We can always hope. ;-)

By: charles austin

charles austin — Thu, 26 Mar 2009 20:59:14 +0000

Dr. Schuler, I'd like to think you're correct about the long game being played, but there's shockingly little evidence that these players are up to it.

By: Christopher

Christopher — Thu, 26 Mar 2009 18:32:16 +0000

OTB should have a pool as to how soon everyone thinks Geithner will lose his job, scapegoated by Obama.

By: Michael

Michael — Thu, 26 Mar 2009 15:46:19 +0000

James, why does your preview use different formatting than the end result? It's not much of a preview that way.

By: Michael

Michael — Thu, 26 Mar 2009 15:45:08 +0000

All of this is yet another example of how every time this mis-administration opens it's mouth, the markets tank.

DOW:
Date Change % Change
03/25/09 90 1.17%
03/24/09 -113.26 -1.46%
03/23/09 496.61 6.82%
03/20/09 -123.93 -1.67%
03/19/09 -88.88 -1.19%
03/18/09 90.88 1.23%
03/17/09 177.7 2.46%
03/16/09 -8.36 -0.12%
03/13/09 4.78 0.07%
03/12/09 237.67 3.43%
03/11/09 7.27 0.11%
03/10/09 379.48 5.80%

You have an odd definition of "tanking".

By: Michael

Michael — Thu, 26 Mar 2009 15:25:44 +0000

Yet another reason we typically don't elect and shouldn't appoint intellectuals to public office.

It definitely seems that this administration is fully staffed by political engineers, rather than political bureaucrats.

By: Bithead

Bithead — Thu, 26 Mar 2009 15:23:03 +0000

All of this is yet another example of how every time this mis-administration opens it's mouth, the markets tank.

By: JKB

JKB — Thu, 26 Mar 2009 15:03:43 +0000

These guys do know they are in charge, right? Just a little leadership tip: When you're in charge, your every word and action is scrutinized by those affected by your position. This scrutiny intensifies the more obtuse and duplicitous your are perceived to be.

Precision in language and restraint in comment are a leader's best friends.

By: Dave Schuler

Dave Schuler — Thu, 26 Mar 2009 14:15:13 +0000

Yet another reason we typically don't elect and shouldn't appoint intellectuals to public office.

By: steve

steve — Thu, 26 Mar 2009 14:13:03 +0000

Read your piece at the Atlanticist. but will comment here.

I thought the headline here should have been, "Dollar may eventually be replaced as world's reserve currency." This a dog bites man story, as nothing lasts forever. Even house prices fall sometimes.

Why are you not more bothered by the media response? Aren't you a little tired of politicians spinning and lying? Let us assume that you had a non-partisan and economically literate press. (Fantasy I know) Would you have expected such a reaction? I was off work yesterday, and saw Geithner's remarks. I was surprised at the media response having heard what he said. Realizing how dumb and how partisan our media is, I should not have been surprised. Jack Nicholson was right.

Steve

By: JT

JT — Thu, 26 Mar 2009 13:29:13 +0000

It's so easy to take careless comments the wrong way. I could never be a politician. I can't stop myself from making weird jokes.