Economy

This Can't Be Good

Lordy:

Administration officials were greeted with sarcasm and laughter Monday night when they briefed lawmakers and congressional staff on Treasury Secretary Tim Geithner's new financial-sector bailout project, according to people who were in the room.

Again, I'm not sure if Geithner is self-destructive or totally handcuffed or out of his mind or all three. As near as I can tell, there doesn't seem to be a coherent plan here. Just a catapult filled with billions in loose cash.

I mean, not even the spazzy white guys in lower Manhattan approve.

Cripes. Get it together, guys.