Posts on ‘March 27th, 2009’

Geithner provides more reason to worry

U.S. Treasury Secretary Tim Geithner’s bout with foot-in-mouth disease continues.  Now, apparently, he endorsed efforts to undermine the security of the United States by (inadvertedly, or otherwise) supporting the replacement of the U.S. dollar as the worldwide reserve currency with something new. Like so many of Geithner’s grand ideas, this one too manages to leave investors weary.