Some Nobel Prize economists do not believe in Timothy Geithner´s plan

I feel like Rush Limbaugh now, because I really want certain people to fail: George W. Bush’s former economic adviser, Lawrence Lindsey, Nobel Prize-winning economists Paul Krugman and Columbia University Professor Joseph Stiglitz. All of them say the U.S. Treasury’s plan to buy troubled bank assets will lead to wrack and ruin. And when the trillion dollars to pay for it is gone, we won’t be able to afford the printing press to make more.
These are smart people who must be proved abject failures at economic forecasting or else the future is as bleak as that tent city of unemployed men and women pitched atop a landfill in Sacramento, California. The once-Golden State, the world’s seventh-largest economy, governed by a movie star who’s married to a Kennedy, has more than 10 percent unemployment. Bankruptcy isn’t out of the question. There’s an old saying that everything that happens, happens first in California.