Sadly I think that Buffett is correct. It's also important to remember that Geithner is putting his trust in the Banksters, the people who created the problem and who were in denial about it for so long. Crazy people on blogs like me have, for some time, been pointing out that the real problem is that they lost a lot of fucking money as the Banksters were pretending that this was just some temporary liquidity thing which could be fixed by the government giving them trillions in free money.
If our elites had acted over a year ago the economy might not be in such a mess. But, hey, nobody could have predicted...
