Wednesday, February 24, 2010
Geithner overrules the Volker rule
Treasury Secretary Tim Geithner is quietly blocking a provision in the proposed financial reform legislation that would have ended banks' ability to speculate for their own accounts.
This means more Americans will have to pay higher prices for food and fuel, even though they are already stretched to the max without jobs.
Geithner is an agent of Wall Street banks and their should be a citizen uprising that sends a clear message to Obama to remove him immediately!
Read story here.