Geithner's speech goes on and on and on. Still, it is probably one of the most important speeches ever by a Fed governor in admitting what the problems are. I recommend reading it in entirety. And while the Fed (at least Geithner) admits it has no idea what to do, I offer this 3 part solution. 1) Abolish the Fed, 2) Eliminate fractional reserve lending, 3) Implement a sound monetary policy based on hard assets such as gold as opposed to price fixing by government sponsored clowns.