Geithner Unconvincing as Friend of Dollar
Source: GoldSeek, Rick Ackerman (11/12/09)
"unless the journalists decided. . .to be polite, they should have laughed Geithner out of the room."
Come again? Was the man perhaps speaking in code so that the reporters might read between the lines? We don't know what kind of story they may have filed, but unless the journalists decided collectively in advance to bend over backwards to be polite, they should have laughed Geithner out of the room. For his part, the Treasury secretary treated the press conference like an open mike night at some third-rate comedy club. We doubt that he would have had the effrontery to make such ridiculous statements before, say, the National Press Club in Washington. D.C. Or would he have? Maybe we're wrong about that, since not only did the Journal fail to ask any of the right questions, it did nothing to suggest anyone other than Geithner was present in the room. There were no quotes from Japanese officials, no questions from reporters, and no presence to evince even a mote of skepticism. The article's author was one Takashi Makamichi, and we would infer that he was capable of translating any reactions that may have been critical toward Geithner. But if this was the case, Makamichi evidently decided not to rock the boat.