Many Call It Conspiracy

The CFR comes and goes as a conspiratorial organization. Yesterday, Timmy the Tax Cheat was speaking to them and apparently endorsed a one world currency approach. Oh noes! The Obamanauts will sell us out to the UN! Novus Ordo Seclorum! FEMA Takeover! Internment Camps! National Sovereignty loss in 3... 2... 1...

Well, maybe not so much. Here's the transcript. As an aside, it's hard to be conspiratorial when you're posting transcripts on the web. As I read this, somebody is asking a question about the Chinese central bank's proposal for... something. I lack the background to know exactly WTF is being discussed. Geithner, not wanting to piss off the guy who's holding the largest amount of US debt, says there may be something useful in the proposal, but I haven't read it. Strangely, this statement triggered the buttons of the paranoids. Nobody seems to give a damn about his multiple statements that the government is going to do whatever it takes for however long it takes to get us out of this crisis. Which one worries you more? The thought that the Chinese may have some thoughts on the current crisis which may contain some utility, or the thought that the government is going to fix this crisis by any means necessary?

I know which one disturbs me more, and the Chinese are by far not my biggest concern.

For another take on the effectiveness of the bailout, try here.

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