Geithner has be sworn in he will pay his back taxes that he somehow forgot to pay and he will help his buds on Wall Street.  And now for something completely different……

President Barack Obama’s financial rescue plan will be unveiled soon and is likely to be larger and more ambitious than originally planned as the economy and banking system worsen.

The last procedural roadblock is set to be removed today, congressional Democrats said, when the Senate confirms Obama’s choice for Treasury secretary, Timothy Geithner, who will speed the rescue program out the door as soon as this week. Administration officials and members of Congress said yesterday the second $350 billion of the Troubled Asset Relief Program, released by Congress earlier this month, may not be enough to shore up lenders and pull the economy out of recession.

Lawrence Summers, director of the White House National Economic Council, said yesterday those funds would get the rescue plan started, while Vice President Joseph Biden and House Speaker Nancy Pelosi both said there may be a need for more money later.

Obama’s plan will initially include between $50 billion and $100 billion for foreclosure-mitigation programs and an unspecified amount of money to stabilize undercapitalized banks to unlock the flow of credit to consumers and businesses, Summers said. He didn’t provide details of any other measures the administration is considering to help the banking system.

Okay, the first TARP did litle to help the economy and it was aimed almost totally at the banks and now we are asked to do more of the same….I am have a major problem with this whole damn thing.