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My biggest fear regarding the Geithner Plan to fix the Economy is .....

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Blackhatjack Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-31-09 08:38 PM
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My biggest fear regarding the Geithner Plan to fix the Economy is .....
By the time we find out if it will actually work the window of opportunity to do what is needed may have already closed.

Time is the one commodity which we are running in short supply.

I just don't see the Economy making any positive strides for most small businesses and individuals, and in fact, things are worse today with the contraction of credit and loss of jobs.

Giving billions of taxpayers' money to WallStreeters does not seem to have helped.
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MannyGoldstein Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-31-09 08:40 PM
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1. You're Wrong!
We've given trillions, not billions, to the Bankers. And it has helped. It's helped bankers to make yacht payments.
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Blackhatjack Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-31-09 08:51 PM
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2. Well, it has not helped 99% of Americans and small businesses...
Eight years of scraping off the cream ought to be enough for the yacht owners, don't you think?
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Oregone Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-31-09 08:55 PM
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3. Geithner's plan isn't meant to fix the economy
Its meant to 1) clean the banks and 2) allow the private market to profit from doing so.
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