Demand Transparency and Re-Regulation to Fix Our Financial System

Timothy Geithner lays an egg at House Democratic Caucus

Remember: Tell members of Congress that you want them to take action here. And join us today at 4:30 pm Eastern Daylight Time (1:30 pm Pacific) for a chat with economist James Galbraith, and at later, at 7:00 pm Eastern (4pm Pacific), when Rep. Alan Grayson joins us to talk about the need for bank bailout transparency.

Last night, Timothy Geithner appeared before the House Democratic Caucus and was singularly unimpressive. He was apparently dispatched to absorb Congressional ire about the AIG situation, but didn't say much of substance, according to those who attended the meeting -- he mostly just shook his head and cussed about AIG.

Jane Hamsher is the founder of FireDogLake. Her work has also appeared on the Huffington Post, Alternet and The American Prospect.