Geithner's new bailout plan for the banks - Private - Public Participation Needed?So do you think the horrible mean rich CEO's and Owners of Businesses dubbed the rich in america that have been shown utter hate and detest last week will trust and be humble enough to bite? Ssshhhhh, this was Paulson's original idea back when it started... |
Its just another way for Big Business people to take more of our tax dollars without any responsibility to fix the problem. One of Geithner's aids said that if this doesn't work they will try something else. When do they think we will run out of money to fix the problem they made.
Why do you think the stock market went up today? It is because people recognize free money when they see it.
If they invest 7%, the govt (including the Treasury) will pay for the rest of the toxic assets.
Heads they get to keep the earnings, tails the taxpayers pay for the losses.
This plan is completely asinine.
No, they didn't get to be business owners and CEOs for being gullible.
