Mr. Secretary, the public has lost all confidence in your ability to do the job… You reflect poorly upon your President.

Another good part is when Geithner tries to dodge any responsibility for the crisis, saying he inherited the situation. Congressman Kevin Brady correctly points out that Geithner was President of the NY Federal Reserve during much of the crisis. The NY Fed is by far the largest and most powerful U.S. reserve bank.

Geithner dropped the ball on AIG, and played a role in designing the outrageous bailout scheme from the start.

But he’s finally on the defensive. That’s a good sign. This WSJ piece is a good writeup.

How about Simon Johnson to replace him? Pretty please?