• Boring Guy Tapped to Fulfill Boring Role in Cabinet

    The Wall Street Journal is reporting that Timothy Geithner — current president of the Federal Reserve Bank of New York — is set to be nominated as Secretary of the Treasury

    The Federal Bureau of Investigation began calling Geithner confidants this week, starting a vetting process of getting the economist and Fed veteran in place almost as soon as Mr. Obama is inaugurated the 44th president.

    There is absolutely nothing funny about him or his imminent nomination.

    Nothing!

    He's a fucking economist, for Christ's sake! What the fuck am I supposed to do with that?!

    Update: What?!

    Wall Street staged a surprising comeback Friday, with the major indexes jumping more than 5 percent and the Dow Jones industrials surging nearly 500 points in a late afternoon rally, ending another volatile week that saw stocks reach six-year lows.

    Stocks erased about half of the losses that came in steep selling Wednesday and Thursday after investors got an unexpected jolt of confidence late Friday following an NBC News report that President-elect Barack Obama plans to name New York Federal Reserve President Timothy Geithner as Treasury secretary.

    That can't be an actual factor, can it?


    Tags: Economy, Obama Administration, Timothy Geithner

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