Geithner Plan Will Rob US Taxpayers
By Reuters
The U.S. government plan to rid banks of toxic assets will rob American taxpayers by exposing them to too much risk and is unlikely to work as long as the economy remains weak, Nobel Prize-winning economist Joseph Stiglitz said on Tuesday.
http://informationclearinghouse.info/article22288.htm
Geithner Update
Bend Over and Say, "Uncle Sam"
By Mike Whitney
Here's what everyone needs to know: The US government (you) will provide up to 94 percent of the financing (low interest, of course) for dodgy mortgage-backed assets that no one in their right mind would ever buy so that wealthy and politically-connected banksters can scrub up to $1 trillion of red ink from their balance sheets.
http://informationclearinghouse.info/article22289.htm
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Panning Geithner's Plan: Why Treasury's Toxic Assets Program Stinks
http://www.commondreams.org/view/2009/03/25-9
Who Are We Saving -- Banks or Bankers?
http://www.commondreams.org/newswire/2009/03/25-6
http://freepage.twoday.net/search?q=Geithner
http://freepage.twoday.net/search?q=Treasury
http://freepage.twoday.net/search?q=toxic+assets
http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=bankster
http://freepage.twoday.net/search?q=taxpayer
http://freepage.twoday.net/search?q=Joseph+Stiglitz
http://freepage.twoday.net/search?q=Mike+Whitney
http://freepage.twoday.net/search?q=+Nomi+Prins
The U.S. government plan to rid banks of toxic assets will rob American taxpayers by exposing them to too much risk and is unlikely to work as long as the economy remains weak, Nobel Prize-winning economist Joseph Stiglitz said on Tuesday.
http://informationclearinghouse.info/article22288.htm
Geithner Update
Bend Over and Say, "Uncle Sam"
By Mike Whitney
Here's what everyone needs to know: The US government (you) will provide up to 94 percent of the financing (low interest, of course) for dodgy mortgage-backed assets that no one in their right mind would ever buy so that wealthy and politically-connected banksters can scrub up to $1 trillion of red ink from their balance sheets.
http://informationclearinghouse.info/article22289.htm
--------
Panning Geithner's Plan: Why Treasury's Toxic Assets Program Stinks
http://www.commondreams.org/view/2009/03/25-9
Who Are We Saving -- Banks or Bankers?
http://www.commondreams.org/newswire/2009/03/25-6
http://freepage.twoday.net/search?q=Geithner
http://freepage.twoday.net/search?q=Treasury
http://freepage.twoday.net/search?q=toxic+assets
http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=bankster
http://freepage.twoday.net/search?q=taxpayer
http://freepage.twoday.net/search?q=Joseph+Stiglitz
http://freepage.twoday.net/search?q=Mike+Whitney
http://freepage.twoday.net/search?q=+Nomi+Prins
rudkla - 25. Mär, 09:09