Summary of Pres. Obama's "Press Conferences"

You might want to make a note of this summary as it could just serve for future "press conferences" too. I know a good deal of what passes for politics these days is simply an attempt at entertaining theatre. This is necessary because all the action and dialogue occurs on the TV where it competes with a lot of other stuff. Monday night's performance left a lot to be desired but maybe it was just a rough draft. If so the press corps will have to brighten up their roles. And what was that school teacher-like business of calling on only the anointed? To make clear who is in favor and who isn't? Where was the director of this charade?

The pundits say that the reason for the declines in the markets yesterday was Mr Geithner's either not knowing what to do or not being willing to tell us what he plans on doing. That may be at least partly true but it was also necessary to pair that performance with the economic and historical silliness we heard from President Obama the night before.