These are dangerous times. People are losing their jobs and their homes; a few people have threatened bankers. Kos diarists have taught me a lot, especially Bondad and Jerome a Paris. Each had a recent diary with a different take on the Geithner plan. Then the Field jumped in saying that if Geithner quits or is fired we’ll have a constitutional crisis because the Republicans will drag out confirmation hearings for months and months. That reminded me of the pundits chanting we can’t pull out of Iraq because....
I tried to set my emotional reaction aside to compare and contrast what intelligent people have written about the crisis and its resolution. And, of course, since we’re talking about money, everybody has an axe to grind. Remember that CDs mean credit derivatives in this diary, not compact discs or certificates of deposit.