Tax cheat Geithner’s plan – cash for trash

The “cash for trash” plan as Hotair calls it debuted on Monday and the result is the fifth-biggest point gain in Dow history. Did the tax cheat finally fix last month’s speech fiasco? Hope and Change:

The Treasury plan “may be a game-changer, because it’s been sprinkled with some better-than-expected economic data,” says Tom Sowanick, chief investment officer at Clearbrook Financial in Princeton, N.J. “If the tea leaves all start to line together I think this will be the beginning of a major bull market.”…

“You cannot fight this intervention,” Steve Grasso, of Stuart Frankel, told CNBC. “When you start to see the market just climb after weeks and months of being sold out, you have to participate.”

Michelle Malkin isn’t so impressed.


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March 23, 2009 · Filed Under Tim Geithner

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