The (New) Committee to Save the World
By Ben Pershing
Ten years ago this month, Time magazine ran an iconic cover photo of Robert Rubin, Alan Greenspan and Lawrence Summers -- the trio then working to forestall "a global economic meltdown" -- with the headline, "The Committee to Save the World." (The other nickname cited, "The Three Marketeers," never did catch on.)
It would be more than appropriate to run a similar cover today, with Summers again featured but with President Obama and Tim Geithner given more prominent placement. This week, in particular, the administration will redouble its efforts to fix what ails the world. Today, the Senate will take a key vote on its version of a massive stimulus package designed to jumpstart the U.S. economy and place a decidedly Democratic imprint on spending priorities for years to come. Tomorrow, Geithner will unveil the administration's plan for using the remaining financial bailout money to save the nation's banks. Obama himself will do campaign-style events in Indiana today and Florida tomorrow to rally support for the stimulus, and he will hold a prime-time press conference tonight for the same purpose.
Or perhaps that magazine cover should feature Ben Nelson, Susan Collins, Arlen Specter and Joe Lieberman -- the lead negotiators of the Senate's compromise stimulus package. (That photo would really send the issue flying off the newsstand shelves, wouldn't it?)
Please email us to report offensive comments.
Posted by: saari | February 11, 2009 10:08 AM
Posted by: SAINT---The | February 9, 2009 12:43 PM
Posted by: JakeD | February 9, 2009 9:12 AM
The comments to this entry are closed.