If anyone had been cold-clocked in the head, and was wondering what approach Obama would take on the money supply, government intervention in the free market, and special favors for "special" interests, he prob-o-ly got his answers yesterday, when Barry named a guy called Geithner to be the next Secretary of the Treasahhhhhh (as the P-Funk All Stars put it). Not a good sign. Timmy Geithner was one of the masterminds behind the insane and unconstitutional Bear-Stearns bailout (you know, the one that went to help JP Morgan grab Bear-Stearns for just $2 a share AFTER the feds lifted a lot of the bad loans Bear was holding: http://www.nytimes.com/2008/03/17/business/17bear.html?_r=1&oref=slogin).
Anyway, Timmy clearly adheres to the Keynesian concept of gubment monies used for "expanding the economy" -- one of the DUMBEST ideas in the history of government and/or economics.

Here are a couple reports on Timmy, one from earlier this year, just prior to him becoming intimately involved in the prep for the equally insane $700 billion bailout which is causing some vexation for not only free marketeers, but for the idiotic socialists who pushed the plan.

First, from, August: http://blogs.wsj.com/deals/2008/08/29/geithner-for-treasury-secretary-po...

And the latest news: http://www.bloomberg.com/apps/news?pid=20601068&sid=a6UEGcgjYF.c&refer=h...

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