Monday, October 18, 2010

Treasury Secretary Tim Geithner

Saw Tim Geithner speak in Palo Alto today. Couple of big revelations: 1) Fannie and Freddie will be eliminated and replaced with something more efficient 2) The stimulus was not big enough 3) Government is the solution to our problems (he repeated over and over again) 4) Obama will sign tax cut extensions for the top 98% of earners 5) Individual spending habits were the driving force behind this recession