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  1. Geithner is not an important part of this story from a European perspective.  Everyone knows the ECB is opposed to all haircuts.  No one here is blaming Geithner for this. At most he undercut IMF efforts to negotiate a slightly more enlightened policy.

  2. I have already argued above that I see the US and the Obama administration as a potential ally against excessive German/ECB inspired austerity policies.

  3. You seem to be trying to overlay a US left/right debate around Geithner on a European discussion of Austerity policies, German ECB obsession with protecting Bondholders, and structural deficiencies in the design of the ECB and Eurozone.

  4. Please stop buttressing your argument with websites I have never heard of making points no one here has ever made. Your argument is with other people!


Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Tue May 10th, 2011 at 01:18:40 PM EST
[ Parent ]
"No one here is blaming Geithner for this"

Kelly certainly is. And the websites show that he is not the only one in Ireland.

by rootless2 on Tue May 10th, 2011 at 01:28:51 PM EST
[ Parent ]
The fact is, ARGeezer did bring up Yves Smith's angle on the Morgan Kelly piece. Where in your excerpting you ignored the G7/IMF conference call episode, Yves Smith focuses on that. There's also the "Geithner and DSK" diary.

Economics is politics by other means
by Carrie (migeru at eurotrib dot com) on Tue May 10th, 2011 at 01:39:17 PM EST
[ Parent ]

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