by this today...
US President Barack Obama on Monday reached out to respected business figures Warren Buffett and Ford chief Alan Mulally as he frames a major new plan on jobs and the deficit.
Obama made the calls from his rented vacation farm house on the well-heeled resort island of Martha's Vineyard off Massachusetts, deputy White House press secretary Josh Earnest said.
The president often cites billionaire Berkshire Hathaway chief Buffett as an example of the well-off category of American who would not mind paying higher taxes to benefit the rest of the country.
"The president and Mr Buffett discussed the overall outlook on the economy and the reaction to the headwinds we've experienced over the last couple of months," Earnest said.
"They talked a little bit about some possible measures that would spur investment and increase economic growth. And they also talked about some measures that could address the long-term fiscal situation in this country."
But not so much impressed by this today...
The president is seeking to kick start the US recovery, which he says has been slowed by "headwinds" including the Arab Spring, Japan's tsunami tragedy and the European debt crisis.
...considering a little thing awhile back like this:
U.S. Banking Collapse Driven By "fraud", Tim Geithner Covering Up Bank Insolvency
April 05, 2009
Stephen C. Webster writing at RawStory [...] reported on an explosive interview on PBS' Bill Moyers Journal of William K. Black, professor of economics and law with the University of Missouri, in which Black alleges that American banks and credit agencies conspired to create a system in which so-called "liars loans" could receive AAA ratings and zero oversight, amounting to a massive "fraud" at the epicenter of US finance.
In the interview Black "equated the entire US financial system to a giant "ponzi scheme" and charged Treasury Secretary Timothy Geithner, like Secretary Henry Paulson before him, of "covering up" the "truth".
But worse still, said Black, Timothy Geithner, President Barack Obama's Secretary of the Treasury, is currently engaged in a cover-up to keep the truth of America's financial insolvency from its citizens.