Wednesday, February 3, 2010

More Beating Up on Geithner Today, Followed by Scamming

At 10:00 am, Treasury Secretary Geithner will testify before the House Ways and Means Committee. Expect plenty of anti-Geithner posturing, that results in zero change in the Obama Administration proposed budget.

In the afternoon, Secretary Geithner will meet at Treasury with Members of Congress and leaders of Community Development Financial Institutions. According to the Treasury, Geithner will "discuss ways in which Treasury can encourage lending to small businesses in the country’s hardest-hit communities." In other words, they will discuss how the Obama Administration can further distort the economy in favor of the politically favored.

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