Reply #5: He NAILS it.

[Pale Blue Dot]

The reality: The economy is in trouble because American consumers and businesses took on way too much debt and are now collapsing under the weight of it.

Nobody is dealing with this issue. Americans owe nearly 100% of our GDP. The only other time that's happened - 1929. What we DIDN'T have in 1929 was massive corporate, state and local, and federal debt totaling up to an additional 5x (or more, depending on the estimates) GDP.

Nobody is dealing with this issue. Watch: no one who responds in this thread in favor of this awful plan will even address this issue - they'll simply say that people are against Obama, we need to give Giethner a chance, I'm a "doom and gloomer", etc. It's terrifying.