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INDUSTRIAL WASTE
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Summing It Up

Tuesday, March 24, 2009
Geithner's Big New Plan is to lever up to $1 trillion and use the leverage to buy the private sector's leverage.

What is levering up? Oh that's right. It's borrowing money, using other borrowed money as collateral - a process that flourishes uncontrollably in unregulated markets on the brink of catastrophe.