Meanwhile, Back In the News

[billroper]

Obama said something, as requested.

We'll see how it goes.

Comments

[jrittenhouse.livejournal.com]

There's always the chance of the people in charge at present surprising us pleasantly and doing something that would work. (http://www.bobcesca.com/blog-archives/2008/11/panic.html)

[kevinnickerson.livejournal.com]

Tuna fish? Is he insane? Has he priced tuna? College students everywhere would kill for tuna to replace the Ramen, or store brand Mac&Cheese.

[catsittingstill.livejournal.com]

But be fair, tunafish would *still* be cheaper than eating out.

At least, the last time I bought a can of tunafish (a couple of months ago), it was about 1.50$ as I recall...

[catsittingstill.livejournal.com]

I found Friedman's article funny, but don't think it would seriously work.

I expect Obama to do a good job--provided he gets the normal amount of time to prepare.

But *nobody* could do a good job with the presidency on four days notice. He needs time to pick his team and get them working together smoothly, to discuss policy issues and pick policies that best match the most likely conditions when he takes that job, all that stuff.

I think he's good, sure, but he's not miraculous.

[kevinnickerson.livejournal.com]

I was wondering if this would help against your previous post. The market seems to be taking it well, but I once saw a statement about the market reacting well to rumor and poorly to fact. Even if the fact was that the rumor was true.

I can't come up with a pithy statement, but I think the market setting proper value is something like wikipedia leading to truth. It happens more often than it ought to, and that amazes me.

[scs-11.livejournal.com]

I'll keep my fingers crossed. I was also encouraged by NPR reports that Bush and Paulsen seem to be engaging in some plausibly deniable co-operation with the incoming adminstration on the topic. It was really difficult to tell if it was active "sit down and plot out at strategy together" co-op, or "do short-term sensible stuff now and let them decide the long term" co-op. Either way, it's encouraging.

Working together

[wick-deer.livejournal.com]

As I understand it, Paulsen and Tim Geithner, in his current role with the New York Federal Reserve, are working closely on the details of the bail out. Hopefully, this should help with the transition.

I have to confess that I have been having trouble wrapping my mind around the fact that the new secretary of the treasury is the same guy I remember from my Freshman dorm.

For a nice profile of Geithner, see http://www.tnr.com/politics/story.html?id=c85b418b-5237-4f54-891f-8385243162bd.

[ericcoleman]

Don't you find it just a little scary that he's listening to you?

[billroper]

I assume that he's been given early access to Echelon. :)

[jrittenhouse.livejournal.com]

He's had access to Eschaton (http://www.eschatonblog.com/), which is better. Easier to deal with .