Tim Geithner, Master of evasion

Geithner was on the Stephanopolis talk show this morning. He talked and talked but didn't say much. He only mentioned a number once (he thinks he has $130 billion of TARP money left to spend). The rest was the vague motherhood and apple pie stuff that doesn't tell us taxpayers what Treasury is going to do to fix Great Depression II. He didn't offer any real reasons for pouring money down the AIG rathole. He appears to think bank failures are bad, and even the most brain dead zombie bank should be given more taxpayer bailout to continue operations. He still believes in the extremely rosy Obama predictions of 4% economic growth in a year. He made no mention of anti trust action to break up or prevent the formation of banks too large to fail. He hopes the toxic asset program will work, even after the mau-mauing of AIG. Lots of hope and change, not much concrete planning.