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Sunday, January 25, 2009

A Free Pass for the Indispensable Man

We have to throw billions at the banks or they'll fail.

We have to throw billions at the car companies or they'll fail.

We have to throw billions at the porn industry or they'll fail.

We have to confirm a tax cheat as Treasury Secretary cause he's the "indispensable man."

Jonah Goldberg disagrees.

Never mind that there’s nothing small about the belief that paying taxes in an honest fashion is a minimal requirement for the job of treasury secretary. What’s absurd is that Geithner, who helped regulate Wall Street as head of the New York Fed, is the indispensable man now. He may indeed be qualified to be treasury secretary, but is he really the only man who can do the job? Really? Everyone said the same thing about Hank Paulson not long ago. How’d that work out?

I thought the Democrats believed the financial implosion was caused by arrogant and greedy men who thought the rules didn’t apply to them because they were so important. I guess they didn’t mean it.

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