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Direxion Daily Financial Bear 3X ETF Message Board

  • stckmkt1 stckmkt1 Mar 23, 2009 10:26 PM Flag

    Geithner's plan is flawed ...

    the whole idea is to free up debt to let
    the banks start lending you
    really they will lend money? no way.

    Also: First, they will use government resources in the form of capital from the Treasury, and financing from the FDIC and Federal Reserve, to mobilize capital from private investors. Second, the Public-Private Investment Program will ensure that private-sector participants share the risks alongside the taxpayer, and that the taxpayer shares in the profits from these investments. These funds will be open to investors of all types, such as pension funds, so that a broad range of Americans can participate."

    Isnt this more direvatives? and more toxic
    waste? Just in a different location?

    this plan has "sick" written all over it!

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