Day: February 12, 2009

No Confidence

Treasury Secretary Timothy Geithner recently explained [sort of] how the money to bail out banks would be used. The day he offered his explanation, the stock market plummeted. Apparently, his words of assurance did not inspire confidence. When President Obama gave his first press conference, he actually said there were no pork projects or earmarks in the stimulus bill. That assertion requires a lot of redefining of words such as “pork” and “earmark.” It will not stand up to scrutiny…. Read more »