There are so many levels on which the above is hilarious.
First, the idea that the guy that presided over the last failed commission is the guy that can lead the next commission to magically agree to stuff the last commission didn't agree to is hilarious.
Second, the "grand bargain" proposal that Obama made and the House Republicans rejected was more favorable to the Republican position than the recommendations of the Erskine Bowles commission with respect to taxes.
Third, the idea that Obama should not only nominate Bowles for Treasury but also to completely hand over economic policy to him is ridiculous. Cabinet presidents work for the president, not the other way around.
Fourth, the idea that the Erskine Bowles can magically get the House Republicans to agree to something like the Senate Gang of Six Plan, which was again less favorable to the Republican position on revenues that the "grand bargain" that Obama proposed is silly.
It's nonsense.
And maybe an explanation as to why it is Geithner's fault that the US was downgraded might help out a little bit.
