"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "

Chinese premier Wen Jiabao 12th March 2009

""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."

Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Monday, February 16, 2009

Obama nixes "Car Czar" and leaves it to AIPAC as City pols scramble to get their wedge from the "Stimulus" pork barrel

If any one doubts where power lies in directing the US economy the NYT report .... To Fix Detroit, Obama Is Said to Drop Plan for ‘Car Czar’.."The administration will put the task of revamping G.M. and Chrysler in the hands of a presidential panel led by Timothy F. Geithner and Lawrence H. Summers."

Monica Davies also reports in their columns that the race is on as they scan the 1100 unread pages of the Bill - States and Cities in Scramble for Stimulus Cash, "Local officials facing budget deficits are jockeying for the upper hand in deciding how money from the federal stimulus package will be spent in their regions."

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(C) Very Seriously Disorganised Criminals 2002/3/4/5/6/7/8/9 - copy anything you wish