More from Blogosphere on the Meeting at the Treasury Yesterday
November 3rd, 2009 5:51 pm | by John Jansen |Here is the Accrued Interest angle on the gathering at 1500 Pennsylvania Avenue yesterday.
And hot off the press some thoughts from Michael Panzer of Financial Armageddon. As an aside, some of the Treasury officials were quite fascinated with the name of Michael’s blog and I think they might want to appropriate the name for future use!!!
8 Responses to “More from Blogosphere on the Meeting at the Treasury Yesterday”
By Bob on Nov 3, 2009 | Reply
Thanks for posting these. Interesting to hear that Geithner attended as well. It is fascinating that the most important media in the financial world is a handful of bloggers (and not the ones that Treasury chose).
You all received the star treatment. I would think this is new territory for everyone and the administration is trying to get a handle on how to get their viewpoints represented in this new medium. I hope that the independent spirit from a few of your links remains. It is one of the few checks and balances we have left.
By Gary on Nov 3, 2009 | Reply
Two comments:
1) more secret meetings by Geithner, even with persons who are outside Goldman Sachs, is proof that he doesn’t get it. He isn’t Treasury Sec of Goldman, nor is he Treasury Sec of Across the Curve
Secret meetings outside the public eye are a big reason no one trusts Geithner even when he has an idea that isn’t crooked
2) As Bob pointed out, the administration seems more interested in how to get “their” viewpoints represented in the new medium. In other words, they don’t want a free press on the internet anymore than they do in traditional print media. Everything has to be “spun” according to political ideology
Hope John isn’t foolish enough to give up the one thing that separates him from the puppets at CNBC
By franko on Nov 3, 2009 | Reply
if the treasury was trying to strangle/lessen bloggers, they’d do it via some backdoor FTC smoothing wrt net neutrality and it’d be hard for us to read/post/access said blogs – simple really – the absence of that is somewhat reassuring
the anonymous nature doesn’t bother me – in fact i am encouraged that they had this meeting since it shows that the fact of the blogosphere is affecting things, even if only in some muted, theory of relativity manner, ie. schrodinger’s cat and the duality of matter wherein knowing location denies knowledge of direction/charge at the subatomic level………and really those kinds of thoughts are not that far off the metaphysical nature of fiat money with fractional banking overseen by govts that habitually spend more than they collect, esp when this is the global config (ie. only misanthropic hermits can really get away from this in any real way)
ciao
By Dr.Dan on Nov 4, 2009 | Reply
Did they not invite CALCULATED RISK ?
By John Jansen on Nov 4, 2009 | Reply
I know that they invited about two dozen . Eight attended
I do not know who turned them down. The list on my original post is inclusive
Megan Mac Ardle of Atlantic was invited ( there was a placeholder for her) but failed to show.
By Counterpointer on Nov 4, 2009 | Reply
CR was invited and chose not to go. See late thread tonight on hoo’node.
Wonder how the others are calculating their RoI on the engagement?
C
By franko on Nov 4, 2009 | Reply
btw, whenever i read Michael Panzer’s name i cannot avoid thinking of the WWII eastern front – not a pretty chapter in human history
By franko on Nov 4, 2009 | Reply
btw, not Panzer, but PanzNer – still, it reminds me of the eastern front