Masterful presentation of the Geitner Plan

[NERVESASTEEL]

The link below takes you to a visual simulation as to how the Geitner plan works along with great insights into the pros & cons. I found it quite illuminating and potentially disturbing.

http://seekingalpha.com/article/128759-clarity-on-flaws-in-geithner-plan

 

[NERVESASTEEL]

Here is the link to the original presentation:

http://www.youtube.com/watch?v=ervHbKa7R5g&feature=related

 

[ehorn]

Quote from NERVESASTEEL:

... I found it quite illuminating and potentially disturbing....

Ongoing systemic ponzi schemes by men unwilling and/or unable to perform effective regulation and oversight. The very men who deliberately violate law, perpetuate bad policy, without disclosure, without integrity, without ethics. Colluders and usurpers. A moral crisis and a deep wound.