The Obama Financial Bailout: Change or More of the Same?

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Treasury Secretary Tim Geithner's speech on economic recovery was delayed for a day so President Obama could build support for the stimulus plan. Today, Geithner got what Obama promised would be his “day in the sun.” Conceding that Americans have “lost faith” in government bailouts, he proposed a package worth one and a half trillion dollars of combined taxpayer and private money




Warren Olney