The Down Range Forum
Member Section => Politics & RKBA => Topic started by: twyacht on August 06, 2011, 05:52:52 AM
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Please fwd. to our illustrious dolt Treas. Sec..Timmy Geithner
http://thehill.com/blogs/on-the-money/budget/156747-geithner-no-risk-that-us-loses-its-top-credit-rating
'No risk' the US will lose its top credit rating, says Treasury's Geithner
By Michael O'Brien - 04/19/11 10:33 AM ET
Treasury Secretary Tim Geithner said Tuesday there is "no risk" the U.S. will lose its top credit rating amid a new analysis that revised its outlook on American debt to "negative."
Geithner took to the airwaves of financial news networks to push back against a report Monday by Standard & Poor's that lowered its outlook on U.S. debt to "negative," reflecting political uncertainty over whether lawmakers will reach an agreement to address long-term debt.
Recent news from The Hill:
S&P downgrades US credit rating to AA+
Treasury: S&P's downgrade based on $2T error
There is no chance that the U.S. will lose its top credit rating, Geithner said, forcefully disputing the notion that S&P or other ratings services might downgrade U.S. bonds from their current AAA rating.
"No risk of that, no risk," Geithner said on the Fox Business Network.
*****
AG Holder, Treas. Sec. Geithner, think they should be fired? hung? all the above?
They just exude competence.... :-\
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We might go a long way toward resolving the country's fiscal problems if we could just get the Geithner and several others in the Obummer administration to figure out how to use TurboTax, and use it on an annual basis.
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We might go a long way toward resolving the country's fiscal problems if we could just get the Geithner and several others in the Obummer administration to figure out how to use TurboTax, and use it on an annual basis.
You're assuming it was an honest mistake.
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You're assuming it was an honest mistake.
Exactly.
It was no mistake. Like him missing those income tax payments.