HPD sent this: Geithner plan will rob American taxpayers: Stiglitz [1]
Kevin A. recommended a piece by Bill Fleckenstein over at The Silver Bear Café: Got gold? You’re right on the money [2]. Here is a quote: “We are attempting to print our way to prosperity. That can’t be done, any more than we could speculate our way to prosperity during the stock bubble or borrow our way to prosperity in the real-estate/credit bubble.”
Jeff K. suggested: Bernanke Inserts Gun in Mouth [3]. Jeff’s comment: “We disagree on inflation versus deflation [in the next few years], but one must take notice when a mainstream blogger like Denninger advises preparing for WTSHTF. (See the last paragraphs [of the Market Ticker article].)”
Items from The Economatrix:
Financial Overhaul Plan Draws GOP Opposition
[4]
Roubini: Stocks Will Drop, Banks Will Go Belly Up [5]
Geithner Wants Power Over Hedge Funds, Derivatives [6]
Geithner Power Grab Worries Editors [7]
Dollar Dips on Geithner’s Loose Talk [8]
Ford to Dump Volvo at Huge Loss [9]
US Backing for World Currency Stuns Markets [10]
IMF Rescues Romania and Serbia [11]
One Small Problem with Geithner’s Plan: it Will Bankrupt the Banks [12]
Total Fraud [13] (The Mogambo Guru)