The John Batchelor Show

Brief

Pachyderm Dross

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Adding the reappointment of Fed Chair Ben Bernanke to the long chosen Treasury Secretary Tim Geithner and Keynesian gurus Larry Summers and Austan Goolsbee now completes the Obama administration financial team.   The shrewd David Wessel, WSJ,  (above) asserts that from now on it is POTUS to fault or praise for the performance of the economy, no more blame-shifting to the Bush administration. This is a dry observation. Of course the blame-shifting will continue.  It will grow scales and a beard and span the continent. The Bush Panic of 2008 is the pachyderm in the room that will never leave and that the GOP must drag along like a cross of dross forever. POTUS may suffer disappointments, but he will never suffer for excuses.

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