Monday, March 23, 2009

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