Treasury Sec. Timmy Geithner Announces Latest $1 Trillion Dollar Spending Scheme
Treasury Sec. Timmy Geithner, announcing his latest $1 Trillion Dollar spending scheme which will need the participation from private investors who have been vilified by Obama and his surrogates for months.
Should wealthy investors participate in Geithner's plan and make money, how much in additional taxes and new taxes will they have to pay so that "Hope-n-Change" may spread their wealth and redistribute their income?
The Obama Administration plan to help banks get credit flowing again is drawing a tepid response from investors.
More here Geithner's Five Big Misconceptions by Henry Blodget