by Anelisa

Created on: February 27, 2009

America's bailout of financial institutions have been volatile and have aroused negative passions for Americans and for people in the world. Millions, billions, and trillions keep flowing around the US and abroad. No one is sure it has worked or if it will work. Worst of all the taxpayers are stuck with the bill and so will their kids, grandkids, and great-grandkids. Can anyone make sense of it all?

Secretary of Treasury Timothy F. Geithner can. He may be the only one who understands how it happened, what is happening, and what will happen to the global economy. This is why President Obama picked him above all the outstanding candidates and why congress approved him. He will provide the leadership the world needs in a time of dark ages for our world economy.

People are worried, scared, and angry in our country. We have a right to be with all that has happened and keeps happening. People around the world are blaming the US for the economic downfall. Many have lost their jobs and savings. They are demonstrating with anger. They, like us in the US, are seeing things getting worse and wonder just how much worse they can get.

Geithner has an understanding of the people in the world since he spent most of his childhood abroad. He lived and studied in Asia. We all know how important Asia is to the world economy. He studied Chinese and Japanese.

While in Rome recently he spoke with eloquence and confidence with world economists and leaders. He is of European descent since his grandfather immigrated to the US from Germany. His father was the Director of the Asia Program at the Ford Foundation in New York where he was born. The Secretary of Treasury is also a cultured young man since his mother was a pianist.

Guithner is a well educated man. He received his BA from Dartmouth College and his MA from Paul H. Nitze School of Advanced International Studies. Anything he says is backed up by research and a vision where to go in the future with an international perspective.

He has the experience to prepare him for the job by being the 9th. President of the Federal Reserve in the Bank of New York. Last year he was involved in Bear Stearns, AIG, and Lehman Brothers. Geithner also helped manage the financial crisis in Brazil, Mexico, Indonesia, South Korea, and Thailand. Most likely he can manage ours in the US and in the world because he has a superb understanding of governments and markets.

The Secretary of Treasury is an Independent so he can unite both parties in reaching the same goal of getting our messy economy back together and in the right track. He's up to that challenge!

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