Via Yahoo Finance
Stocks slide after a weak government bond auction to finance the ever increasing budget deficits, resulting in worries how the government may be able to pay for "Hope-n-Change" grandiose programs.
On Tuesday during the White House Press Conference, Obama flatly rejected the idea of a new global currency, Secretary of Treasury Timmy Geithner said today that the United States may be open to the proposals by China and the Kremlin for a new global currency.
Who is in charge of this Administration, Geithner or Obama ?
Is "Hope-n-Change" nothing but a figure head ?
More here from Politico
