One wonders whether our central planners are simply obtuse or really bad people. Charlie Rose interviewed United States Treasury Secretary Timothy Geithner recently. In that interview, Mr. Geither declared that capitalism as we have known it will "be different." As an initial matter, one could credibly argue that during the last century of the central-bank dominated, income-tax supported Progressive Era, we have not really "known" capitalism, but that topic is beyond the scope of this brief essay. More importantly, Mr. Geithner’s statement betrays his positivistic belief that he and his co-conspirators have the power to "change," as opposed to further … Continue reading Indict Geithner