Where Are the Leaders?

You wake up in the morning and once again the financial weather report calls for the Apocalypse followed by brief showers of despair. Seeking a ray of hope, you turn on the television and settle in to watch a Capitol Hill hearing. There in the hot seat is the man who holds the entire U.S. economy in his hands. And he looks like Harry Potter.

By David Rothkopf
The Washington Post

You wake up in the morning and once again the financial weather report calls for the Apocalypse followed by brief showers of despair. Seeking a ray of hope, you turn on the television and settle in to watch a Capitol Hill hearing. There in the hot seat is the man who holds the entire U.S. economy in his hands. And he looks like Harry Potter.
US bank chiefs to meet with President Obama

Go online, meanwhile, and you find the HTML version of the French Revolution, with left and right calling for poor Tim to be strung from a lamppost. You actually start feeling sorry for the guy. Arianna Huffington snipes that “the issue isn’t his delivery, it’s what he’s delivering.” Nobel Prize-winning economist Joseph Stiglitz concludes that Geithner’s plan “amounts to robbery of the American people.” Next you find Connie Mack, Republican senator from Florida, fulminating that “quite simply, the Timothy Geithner experience has been a disaster. . . . America needs and deserves a Treasury secretary who can truly lead us forward.”

On that point, at least, he’s right. We do need strong leadership. The world is in chaos. There are riots from Greece to China. Iceland has collapsed, and Mexico teeters on the edge. Pakistan is broke, melting down and awash in nukes. Yes, the stock market soared with Geithner’s toxic asset plan, but didn’t he and Obama dismiss Wall Street’s response when the first version of the bank bailout landed with a thud last month? Don’t we hate Wall Street? Obama and Geithner subsidize hedge funds on Monday and come back with heavy regulations on Thursday. What gives?

In this March 12, 2009, file photo Treasury Secretary Timothy ...

Gradually it becomes clear. This is not just a global economic crisis. It’s a global leadership crisis. Obama is still finding his footing, Gordon Brown is on his way out, Hugo Chávez is nuts and Wall Street management is larcenous. Isn’t there someone somewhere with decent values, a firm hand on the tiller and at least one big new idea? Where have all the leaders gone?

Read the rest:
http://www.washingtonpost.com/wp-dyn/cont
ent/article/2009/03/26/AR20090326034
22.html?hpid=opinionsbox1

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3 Responses to “Where Are the Leaders?”

  1. assetprotectionandthecrisis Says:

    Hey, good find! And you know, it’s so true. There is no longer trust in the leaders. They no longer are leaders of the people, rather they look down on their citizens as children because they are so far out of touch. How much longer will the people stand for it? Well, probably a lot longer, but it doesn’t mean there won’t be even more violence, especially in Mexico.

  2. ovetore2 Says:

    Good Blog http://enelreven.com

  3. The Center Square Says:

    “decent values, a firm hand on the tiller and at least one big new idea?”

    Obama is there on #1 and #3. If anything, he is enduring criticism for having ideas that are too big and too ambitious.

    The question is really “firm hand on the tiller.” Personally, I think Obama is a firm hand on the tiller kind of guy. I do worry about all the entrenched poltical interests — of both parties — who are actively trying to knock his hand off the tiller.

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