Friday, January 22, 2010
STRAW IN THE WIND?
Many people, including my son, Patrick [who knows about these things] have been distressed that Geithner and Summers, rather than Volcker, have had the inside track in the White House on economic matters. The reemergence of Volcker, by Obama's side, announcing a get-tough policy on the banks, suggests that perhaps things are taking a turn for the better on economic policy. Let us hope so.