Showing posts with label Tim Geithner. Show all posts
Showing posts with label Tim Geithner. Show all posts

Link to Blog: ZeroHedge: S&P Downgrades US Debt

Just had to copy this view of ZeroHedge into a post here, well worth seeing in my opinion.  Go to ZeroHedge and see for yourself if you don't believe me.  It's worth seeing the text under the first article link for their paraphrasing.  Also, in the comments: "Circle the wagons fuckers, they're on to us!"

Joint Statement By The Fed, The FDIC, NCUA And OCC

Presenting the joint statement by The Fed, the FDIC, NCUA, OCC. In essence: the Fed tells S&P to go fornicate itself. And for your corresponding pleasure, below are the media contact of note: Federal Reserve Susan Stawick (202) 452-2955;  FDIC David Barr (202) 898-6992; NCUA David Small (703) 518-6336; OCC Bryan Hubbard (202) 874-5307

And Just Because.... "Is There A Risk The US Could Lose Its AAA Rating?" Tim Geithner: "No Risk"

 
Peter Barnes “Is there a risk that the United States could lose its AAA credit rating? Yes or no?”
Geithner’s response: “No risk of that.”
“No risk?” Barnes asked.
“No risk,” Geithner said.

Link to Post: God Damned

God damned Drudge report spotted these two stories:

US Debt increased more under Geithner than under any other Treasury secretary in US history. (Though, that statement does simplify the nature of monetary matters somewhat via its assumptions.)

And now, on top of this, and all his other failings (see "TurboTax Timmie" (at about 2:10 should do the trick)), he is a quitter.

God damned Tim Geithner.