Reply #15: Succeeds at what cost? [View All]

[girl gone mad]

Why is it so hard for the cheerleader crowd to understand that this plan amounts to an enormous gift to the big banks and their bondholders? That's not even a debatable point.

For Geithner's plan, "success" simply means that we will have given the banks a lot of money in hopes that they might turn around and lend it back to us so that we can all create new debt bubbles.