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Blog Archive

Wednesday, July 13, 2011

postheadericon Timothy Geithner should go

Last week Lawrence H. Tribe, the professor of constitutional law at Harvard, wrote in The New York Times that Treasury Secretary Timothy Geithner’s suggestion that Section 4 of the 14th Amendment, known as the “public debt clause,” provides “false hope of a legal answer that obviates the need for a real solution.”

Week by week and month by month it has become increasingly clear that the suggestion by Jim Rogers, the legendary investor and co-founder of the Quantum Fund, that Geithner was a poor choice for the job because he “doesn’t know what he’s doing” was prescient.

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