The problems we face will not be solved by the minds that created them.An aphorism usually attributed to Einstein. The utterly brilliant Newton could not have conceived of relativity. It is possible he could have conceived of field theory, but not relativity.
Obama's linguistic syntax has been great up to now. But fix conveys the wrong concept and perception of the problem.(See Benjamin Lee Whorf.) We are facing the abyss and it is paradigm change or disaster.
It's time to continue our look at the Cabinet in the upcoming Obama administration. Second - Secretary of the Treasury, perhaps the most important appointment President-elect Obama will make, given the current economic circumstances.
There are several excellent options - some who served in the Clinton Administration - some outsiders - and even some paradigm breaking choices. For convenience, I've taken the list from a betting site (yes, it is in the order of the oddsmakers' favorite).
There were Republicans on the list, and I've left out the "I don't believe it" names still on the betting lines such as Phil Gramm and Bob Zoellick. There's also some chatter about keeping Paulson on, temporarily to administer the bailout. So as distasteful as it seems, I kept his name on the list.
Perhaps one key criteria (which you're free to throw to the side of the road) is whether the candidate would inspire confidence in the markets.
(X posted at MyDD - will X post at DK, as soon as the clock allows me to post another diary there)
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