Gaithner must go . . .

In starkest terms, Gaithner is part of the problem -- the enabling network that created the crisis, including the artificially low interest rates underwritten by the Fed that facilitated the mortgage orgy and subsequent bubble -- not a credible part of the solution.

However, due to America's schizophrenic attitude toward white collar robbery, he, Summers, Rubin, and other smart guys sit fat and happy, and are not in jail.

In more accurate, terms since Gaithner and that ilk are authors of the policies and practices that nearly took down the economy they are psychologically not equipped to:

1) admit and internalize that that is exactly what they did -- with a significant degree of knowledge. No one fully knows markets, so of course they could not have exactly anticipated that the results of their greedy policies and practices would be as extreme as they were -- though in the backwash of Glass-Stegaall abolishment they, if anyone, should have heard the steps of the 30's bank collapse close behind.

2) craft remedial policies and approaches that have as their basis the recognition and indictment of exactly the practices they created.

I'm not even alleging conscious avoidance here. I'm mere pointing out a basic and thoroughly credible psychological pattern (of sublimation and denial) that prevents Gaithner or the other primary actors from coming to the economic crisis with untainted mindsets. They literally are not equipped to grasp and accept some of the very fundamental issues, mainly proceeding from greed and recklessness, feelings of invincibility, and a reckless addiction to the adrenalin rush of risk.

Far from jailing them, have we heard a peep of apology commensurate with the damage done? That is a hallmark of denial, sublimation, and projection. Gaither makes a stab at dissing those who fomented the crisis, as does Obama, but anyone familiar with reading body language sees a lack of authenticity, discomfort, and fraudulence. And why not? Stoked by the unconscious guilt he bears, it is impossible for him to demonstrate authenticity of belief or demeanor.

And it's not as if there aren't economists out there who didn't foresee the collapse. So why, now, would we want to have the very culpable, and psychologically crippled, financiers in charge?