The Washington Post has an extraordinary article today about why Tim Geithner’s press conference to unveil the administration’s bank rescue plan last week seemed to… suck? Is that the word? Well it wasn’t the plan, so much — as best we understood this vague monstrosity, it was something like, “Public private money tax blah blah uhhh force lending guarantee toxic gas blah blah blah uhhhhh TWO TRILLION DOLLARS,” so fair enough — so much as it was Geithner himself, who appeared to have no confidence in himself, the plan, or America. The Post reports that this is probably because he had ditched a different plan a few days earlier, and what you heard at the press conference was just some unreadable gibberish he threw together on the john a few minutes before taking the podium. MORE »