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Tuesday, November 25, 2008

CONTINUITY

This was the way James Pinkerton, a Fellow of the New America Foundation, described the appointment of Timothy Geithner as the Secretary to the Treasury on the BBC this morning.

Not change, but continuity.

Geithner, as President of the Federal Reserve Bank of New York, has been at the centre of the credit crunch and the subsequent sickening bail outs of his members.

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