Economy & Business

Strategic Environment - Economy & Business

US Treasury Secretary Timothy Geithner and Federal Reserve Vice Chairman Donald Kohn will travel to India April 6-7 and are slated to meet Prime Minister Manmohan Singh in New Delhi . The ostensible reason for this visit of this  duo is to participate in economic and financial partnership discussions - in particular, infrastructure investments. And provide New Delhi some "insights" on how to generate "money" out of paper.

New Delhi must note that no matter what Geithner's media campaign promotes his visit as, he does not know economics. He knows finance—more precisely, the kind of frauds that were perpetuated by Goldman Sachs, AIG, Citigroup, and other luminaries of Wall Street who are now surviving using taxpayers' interest-free money handed out to them by President Bush and President Obama under the guidance of Geithner, Federal Reserve Chairman Ben "Helicopter" Bernanke - and which passes under the banner as "finance".