"I don't think our government should set caps on compensation," Geithner told Newsweek's John Meacham during a live interview at the National Press Club. But Geithner acknowledged that pay structures on Wall Street contributed to the financial collapse.

While I understand thhe financial collapse was a complicated one and involved many key players, to turn around and acknowledge that the lack of compensation limits played a hand in causing this mess and then choosing to not do anything about it strike me as just irresponsible.

Additionally, with a growing number of the public losing their jobs with no end in sight for job recovery, it gives the impression that Geithner is only looking out for his former colleagues on Wall Street rather than paying attention to the middle class who will ultimately play a lead role (in spending) to get us out of it.

I'm not jumping on the bandwagon just yet to say that Geithner should be dumped, but it puts serious doubt on his ability to see the entire picture.

It's all about Operant Conditioning. Reward and punishment.

He switches party affiliation, Dems promise not to sponsor or support a primary challenge against him. Reward.

He spends a week talking about how he's not planning to be a loyal Democrat - i.e., we can't actually count on him for anything - which finishes up with him publicly backing Norm Coleman. Suddenly, he's stripped of his seniority in every committee he's in. Punishment.

Now he's being offered a chairmanship. Reward.

Now we get to see if he has the learning capacity of a lab rat. 

-from Seraph at After Stripping Him Of Seniority, Democrats Throw Specter A Small Bone