Can you explain to me the rational of how giving billions to banks helps the economy?
It doesn't. Its a payoff.Remember - Geithner is a Goldman Sachs guy and is close to Rubin.
I'd like just one these Republican drones to show some proof that tax cuts actually stimulate spending. Lack of spending (aka demand or the capacity to spend) is the problem. If the govt starts spending it puts $$$'s in people's pocket and they start spending and the whole thing starts loosening up. It's Econ 101.
Huh??? How about, if you want to put money in people's pocket, PUT MONEY IN PEOPLE'S POCKET. Or more to the point, DON'T TAKE IT OUT OF THEIR POCKET IN THE FIRST PLACE.Your theory just sounds like a liberal version of "voodoo economics." I mean, really. WTF