Tuesday, February 10, 2009

Geithner on Lending Levels

And switching over Timothy Geithner's speech this afternoon... He stated that the program proposed is to (paraphrasing) "insure that lending would be greater than without government intervention."

Read: We're putting money in the market so that we can spur lending and open the credit markets.

That's what I thought they were trying to do.

Digg!

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