Like Geithner et al I got degrees and professional experience. Forget all that.
Here's the applicable lesson I learned courtesy of the American Red Cross water safety training I took many years ago to become a lifeguard.
Never let a drowning victim direct his own rescue. Both victim and rescuer will surely perish.
Wall Street is drowning and if Wall Streeters like Geithner & co. direct this rescue they WILL pull down all of us with them. The Wall Streeters are grabbing at anything to keep their own heads above water.
A successful rescue will need to be conducted by folks outside of Wall Street who understand that the most critical aspect of completing the mission is to maintain the distance necessary to insure their own safety and continued ability to rescue the drowning party.
Well, it's been a week since I firts published this diary. We seen now with approving the AIG bonuses Geithner has begun dragging Obama's approval ratings underwater. We'll all (progressives) be dragged down too unless and until Obama fires Geithner and the crew supporting the continuation of Bush bailout policies.