FDL: Galbraith's response to the Geithner Plan

I didn't see anythng posted here on this, and it is imortant. Posted over at Firedoglake

http://firedoglake.com/...

Here's the last part of his statement:

If I were a member of Congress, I would offer a resolution blocking Treasury from making the low-cost loans it expects to offer the PPIPs, until GAO or the FDIC has conducted an INDEPENDENT EXAMINATION OF THE LOAN TAPES underlying each class of securitized assets, and reported on the prevalence of missing documentation, misrepresentation, and signs of fraud. In the absence of a credible rating, this is the minimum due diligence that any private investor would require.

I hope what I'm driving at, here, is clear.

Sounds pretty clear, get your faxes, emails and phone calls ready and stay tuned...and check out FCL for the full letter