Why does the economic plans by Geithner trump the ideas that Nobel Prize winners Paul Krugman and Joseph Stiglitz have?  Because President Obama picked "Timmeh" Geithner as Secretary of Treasury simply because he was "an insider"?

[BTW- Some wag suggested that former New York governor Eliot Spitzer should be the new Secretary of Treasury!  Why?  Because then we would see real rules and rules that would be strictly enforced for the "Masters of the Universe" who are nothing more than WATB (see this).  For example Spitzer just recently wrote about AIG and not the executive compensation but the billions of dollars that was being paid out by AIG to counterparty foreign banks.}

So, the economists who have some ideas on how to handle the financial crisis are not the ones in charge (Krugman, Stiglitz, and Roubini) but the same people who created or had oversight on the financial "bucket" games going on.

Will Obama fail his Katrina moment?