Thanks to Cortney for sending me to this extremely valuable video.

I normally don’t use a video as my primary posting for the day, but this video is both long enough and important enough that I want it to stand alone.

In it, the narrator describes how banks can (and therefore probably will) use Geithner’s “public-private partnership” plan to transfer losses from its “toxic assets” from themselves to taxpayers.

Please watch it carefully and pass the link around to anyone you know who is smart enough to understand it.