Geithner's Thursday

On Thursday morning, Treasury Secretary Geithner will join the President and the Vice President to meet with the co-chairs of the National Commission on Fiscal Responsibility and Reform, Erskine Bowles and Alan Simpson, in the Oval Office.

Secretary Geithner will then attend the President's remarks and signing of the executive order creating the bipartisan National Commission on Fiscal Responsibility and Reform at the White House.

This commission will be as effective as a naked Joe Pesci would be, with one hand tied behind his back, trying to wrestle a full size bear. The first thing to go will be the family jewels.

In the afternoon, Secretary Geithner will travel to Raleigh-Durham, North Carolina.

Secretary Geithner will tour small businesses, including a job training center and a retail business, located in the Golden Belt Complex, a newly renovated six-building facility financed in large part with the help of the New Markets Tax Credit.

Later, Secretary Geithner will attend a roundtable discussion on the use of the New Markets Tax Credit to leverage investment in distressed communities, hosted by Self-Help Ventures Fund, a Community Development Financing Institution .

Of course during all this hocu pocus, Geithner will probably spend most of his time on his Blackberry talking to people that really matter, i.e., Goldman Sachs and JPMorgan people.

Secretary Geithner, joined by participants in the roundtable, will then make brief remarks and an announcement about the New Markets Tax Credit.

Later, Secretary Geithner will join local business and university leaders and elected officials for a discussion of the work being done in the Research Triangle Park to create high-tech jobs. The group will discuss how the link between entrepreneurs and research universities can be leveraged to create jobs in next generation technologies. .

On Thursday evening, Secretary Geithner will return to Washington, D.C.